C.H. Robinson Worldwide - CHRW Stock Forecast, Price & News

C.H. Robinson Worldwide, Inc., together with its subsidiaries, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates in two segments, North American Surface Transportation and Global Forwarding. It offers transportation and logistics services, such as truckload; less than truckload transportation brokerage services, which include the shipment of single or multiple pallets of freight; intermodal transportation that comprise the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel ocean common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services. The company also offers customs broker services; and other logistics services, such as fee-based managed, warehousing, small parcel, and other services. It has contractual relationships with approximately 85,000 transportation companies, including motor carriers, railroads, and air and ocean carriers. In addition, the company is involved in buying, selling, and/or marketing of fresh produce, including fresh fruits, vegetables, and other value-added perishable items under the Robinson Fresh name. Further, it provides transportation management services or managed TMS; and other surface transportation services. The company offers its fresh produce to grocery retailers, restaurants, produce wholesalers, and foodservice distributors through a network of independent produce growers and suppliers. C.H. Robinson Worldwide, Inc. was founded in 1905 and is headquartered in Eden Prairie, Minnesota.

C.H. Robinson Worldwide Stock Down 1.2 %

CHRW Stock traded down $1.44 during trading on Wednesday, reaching $116.11. The stock had a trading volume of 1,227,612 shares, compared to its average volume of 1,334,842. C.H. Robinson Worldwide has a one year low of $85.80 and a one year high of $118.99. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.78. The company's 50 day moving average is $104.23 and its two-hundred day moving average is $102.96. The company has a market capitalization of $14.38 billion, a price-to-earnings ratio of 13.97, a P/E/G ratio of 1.54 and a beta of 0.75.

C.H. Robinson Worldwide (NASDAQ:CHRW - Get Rating) last released its earnings results on Wednesday, July 27th. The transportation company reported $2.67 earnings per share for the quarter, beating analysts' consensus estimates of $1.88 by $0.79. The firm had revenue of $5.80 billion for the quarter, compared to analysts' expectations of $6.78 billion. C.H. Robinson Worldwide had a net margin of 4.15% and a return on equity of 53.97%. The company's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.44 earnings per share. Equities research analysts forecast that C.H. Robinson Worldwide will post 8.48 EPS for the current year.

C.H. Robinson Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, October 3rd. Shareholders of record on Friday, September 2nd will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Thursday, September 1st. C.H. Robinson Worldwide's payout ratio is 26.47%.

Analysts Set New Price Targets

CHRW has been the topic of several recent analyst reports. Susquehanna Bancshares boosted their target price on shares of C.H. Robinson Worldwide from $95.00 to $107.00 in a report on Thursday, April 28th. Credit Suisse Group started coverage on shares of C.H. Robinson Worldwide in a report on Monday, June 27th. They issued an "underperform" rating and a $102.00 target price on the stock. Vertical Research downgraded shares of C.H. Robinson Worldwide from a "hold" rating to a "sell" rating and set a $104.00 price target for the company. in a research note on Wednesday. Evercore ISI decreased their price target on shares of C.H. Robinson Worldwide from $115.00 to $112.00 and set an "in-line" rating for the company in a research note on Tuesday, July 12th. Finally, Citigroup lifted their price target on shares of C.H. Robinson Worldwide from $113.00 to $123.00 in a research note on Thursday, July 28th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $110.81.

Insider Buying and Selling at C.H. Robinson Worldwide

In other C.H. Robinson Worldwide news, insider Angela K. Freeman sold 28,586 shares of the business's stock in a transaction dated Thursday, August 11th. The shares were sold at an average price of $117.10, for a total value of $3,347,420.60. Following the transaction, the insider now directly owns 54,520 shares in the company, valued at $6,384,292. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, insider Ben G. Campbell sold 4,079 shares of the company's stock in a transaction that occurred on Tuesday, June 14th. The shares were sold at an average price of $113.00, for a total transaction of $460,927.00. Following the sale, the insider now directly owns 53,507 shares in the company, valued at approximately $6,046,291. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Angela K. Freeman sold 28,586 shares of the company's stock in a transaction that occurred on Thursday, August 11th. The shares were sold at an average price of $117.10, for a total transaction of $3,347,420.60. Following the sale, the insider now owns 54,520 shares in the company, valued at $6,384,292. The disclosure for this sale can be found here. Insiders have sold a total of 63,047 shares of company stock worth $7,189,957 over the last three months. 1.64% of the stock is currently owned by insiders.