Equities analysts expect that C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) will post earnings per share (EPS) of $0.84 for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for C.H. Robinson Worldwide’s earnings, with the lowest EPS estimate coming in at $0.80 and the highest estimate coming in at $0.96. C.H. Robinson Worldwide posted earnings per share of $0.86 in the same quarter last year, which suggests a negative year over year growth rate of 2.3%. The company is scheduled to issue its next earnings results on Tuesday, January 30th.

On average, analysts expect that C.H. Robinson Worldwide will report full year earnings of $3.32 per share for the current year, with EPS estimates ranging from $3.19 to $3.53. For the next year, analysts expect that the firm will report earnings of $3.69 per share, with EPS estimates ranging from $3.41 to $4.00. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow C.H. Robinson Worldwide.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.03. The business had revenue of $3.78 billion during the quarter, compared to analyst estimates of $3.65 billion. C.H. Robinson Worldwide had a return on equity of 36.06% and a net margin of 3.31%. The business’s revenue was up 12.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.90 earnings per share.

A number of research firms recently commented on CHRW. Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of C.H. Robinson Worldwide in a report on Wednesday, November 1st. Bank of America Corporation upgraded C.H. Robinson Worldwide from an “underperform” rating to a “buy” rating and upped their price objective for the company from $70.00 to $86.00 in a report on Tuesday, October 10th. Stifel Nicolaus upped their price objective on C.H. Robinson Worldwide from $71.00 to $82.00 and gave the company a “hold” rating in a report on Wednesday, November 1st. KeyCorp reiterated a “buy” rating and issued a $78.00 price objective on shares of C.H. Robinson Worldwide in a report on Tuesday, September 26th. Finally, Credit Suisse Group reiterated a “sell” rating and issued a $68.00 price objective (up from $63.00) on shares of C.H. Robinson Worldwide in a report on Thursday, October 12th. They noted that the move was a valuation call. Four analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. C.H. Robinson Worldwide has an average rating of “Hold” and an average target price of $77.31.

COPYRIGHT VIOLATION NOTICE: This report was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another site, it was illegally stolen and republished in violation of U.S. & international copyright laws. The original version of this report can be read at https://www.americanbankingnews.com/2017/11/10/c-h-robinson-worldwide-inc-chrw-expected-to-post-earnings-of-0-84-per-share.html.

C.H. Robinson Worldwide (NASDAQ CHRW) traded down $0.35 during mid-day trading on Friday, hitting $80.33. The stock had a trading volume of 1,114,484 shares, compared to its average volume of 1,528,465. The company has a quick ratio of 1.27, a current ratio of 1.24 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $11,270.00, a price-to-earnings ratio of 24.07, a PEG ratio of 2.77 and a beta of 0.44. C.H. Robinson Worldwide has a 1-year low of $63.41 and a 1-year high of $81.35.

In other news, insider Jordan T. Kass sold 1,738 shares of the company’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $78.75, for a total transaction of $136,867.50. Following the sale, the insider now owns 24,348 shares of the company’s stock, valued at $1,917,405. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP James Lemke sold 15,000 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $79.98, for a total value of $1,199,700.00. The disclosure for this sale can be found here. Insiders have sold 17,938 shares of company stock worth $1,419,032 in the last ninety days. Corporate insiders own 0.85% of the company’s stock.

A number of large investors have recently bought and sold shares of CHRW. First Eagle Investment Management LLC increased its holdings in C.H. Robinson Worldwide by 8,008.8% in the second quarter. First Eagle Investment Management LLC now owns 4,208,490 shares of the transportation company’s stock valued at $289,039,000 after buying an additional 4,156,590 shares during the last quarter. Harris Associates L P increased its holdings in C.H. Robinson Worldwide by 273.2% in the second quarter. Harris Associates L P now owns 1,027,045 shares of the transportation company’s stock valued at $70,537,000 after buying an additional 751,820 shares during the last quarter. Janus Henderson Group PLC increased its holdings in C.H. Robinson Worldwide by 3,618.9% in the second quarter. Janus Henderson Group PLC now owns 566,205 shares of the transportation company’s stock valued at $38,887,000 after buying an additional 550,980 shares during the last quarter. Alliancebernstein L.P. increased its holdings in C.H. Robinson Worldwide by 168.7% in the second quarter. Alliancebernstein L.P. now owns 793,718 shares of the transportation company’s stock valued at $54,513,000 after buying an additional 498,362 shares during the last quarter. Finally, Capital International Investors increased its holdings in C.H. Robinson Worldwide by 5.7% in the second quarter. Capital International Investors now owns 8,678,462 shares of the transportation company’s stock valued at $596,037,000 after buying an additional 469,829 shares during the last quarter. 89.57% of the stock is currently owned by hedge funds and other institutional investors.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc is a provider of transportation services and logistics solutions through a network of offices operating in North America, Europe, Asia, Australia, New Zealand and South America. The Company’s segments include North American Surface Transportation (NAST), Global Forwarding, Robinson Fresh, and All Other and Corporate.

Get a free copy of the Zacks research report on C.H. Robinson Worldwide (CHRW)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for C.H. Robinson Worldwide (NASDAQ:CHRW)

Receive News & Ratings for C.H. Robinson Worldwide Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C.H. Robinson Worldwide Inc. and related companies with MarketBeat.com's FREE daily email newsletter.