CH Robinson Worldwide (CHRW) to report quarterly results on Tuesday

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CH Robinson Worldwide (NASDAQ: CHRW) is expected to release its quarterly results after the market closes on Tuesday, July 27. Analysts expect the company to report earnings of $ 1.31 per share for the quarter. Parties interested in registering for the company conference call can do so using this link.
CH Robinson Worldwide (NASDAQ: CHRW) last released its results on Tuesday, April 27. The transportation company reported earnings per share (EPS) of $ 1.28 for the quarter, beating Thomson Reuters consensus estimate of $ 0.98 by $ 0.30. CH Robinson Worldwide had a net margin of 3.50% and a return on equity of 32.85%. The company posted sales of $ 4.8 billion in the quarter, compared to $ 4.37 billion expected by analysts. In the same quarter of last year, the company posted earnings per share of $ 0.57. The company’s turnover increased by 26.3% compared to the same quarter last year. On average, analysts expect CH Robinson Worldwide to post EPS of $ 5 for the current fiscal year and $ 5 for the next fiscal year.
Shares of CH Robinson Worldwide opened at $ 93.13 on Tuesday. The company has a current ratio of 1.48, a quick ratio of 1.48, and a debt ratio of 0.59. The company’s fifty-day simple moving average is $ 95.95. CH Robinson Worldwide has a one-year low at $ 84.72 and a one-year high at $ 106.75. The stock has a market cap of $ 12.39 billion, a PE ratio of 21.07, a PEG ratio of 2.06 and a beta of 0.70.
The company also recently announced a quarterly dividend, which was paid on Thursday, July 1. Investors of record on Friday, June 4 received a dividend of $ 0.51 per share. The ex-dividend date was Thursday June 3. This represents an annualized dividend of $ 2.04 and a dividend yield of 2.19%. CH Robinson Worldwide’s dividend payout ratio (DPR) is currently 54.84%.
In addition, CTO Michael W. Neill sold 2,243 shares of the company in a transaction dated Wednesday, May 5. The shares were sold for an average price of $ 99.39, for a total value of $ 222,931.77. The transaction was disclosed in a file with the SEC, which is available through this link. Additionally, insider Mac S. Pinkerton sold 15,372 shares of the company in a trade dated Friday, June 11. The stock was sold at an average price of $ 100.00, for a total trade of $ 1,537,200.00. Disclosure of this sale can be found here. In the past three months, insiders have sold 38,821 shares of the company valued at $ 3,863,639. Insiders own 0.95% of the shares of the company.
Several research firms recently commented on CHRW. Susquehanna Bancshares raised her price target for CH Robinson Worldwide shares from $ 92.00 to $ 94.00 and gave the company a “neutral” rating in a research report on Monday, April 12. Wells Fargo & Company lowered its price target on CH Robinson Worldwide stock from $ 95.00 to $ 90.00 and set an “underweight” rating on the stock in a research report on Tuesday, July 13 . Credit Suisse Group raised its price target for CH Robinson Worldwide shares from $ 90.00 to $ 93.00 and gave the company an “underperformance” rating in a research report released on Wednesday 28. April. Citigroup lowered its price target on the CH Robinson Worldwide stock from $ 118.00 to $ 115.00 and set a “buy†rating on the stock in a research report released on Wednesday, July 14. Finally, the Goldman Sachs group upgraded the shares of CH Robinson Worldwide from a “sell†rating to a “buy†rating and set a target price of $ 108.00 on the stock in a report of. search Monday June 7th. Three analysts rated the stock with a sell rating, nine issued a conservation rating, and eight gave the stock a buy rating. CH Robinson Worldwide currently has an average “Hold” rating and an average price target of $ 98.83.
CH Robinson Company Profile Worldwide
CH Robinson Worldwide, Inc., along with its subsidiaries, provides freight transportation services and logistics solutions to companies in various industries around the world. The company operates through two segments, North American Surface Transportation and Global Forwarding. It offers transport and logistics services, such as full trucks; less than truck transportation, which includes the shipment of single or multiple pallets of freight; intermodal transport which includes the service of shipping freight in trailers or containers by a combination of truck and train; and shipping and ocean freight forwarding services without a ship, as well as arranging air shipments and providing door-to-door services.
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