Equities analysts expect C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) to announce $3.72 billion in sales for the current quarter, according to Zacks Investment Research. Eight analysts have issued estimates for C.H. Robinson Worldwide’s earnings. The lowest sales estimate is $3.61 billion and the highest is $3.82 billion. C.H. Robinson Worldwide posted sales of $3.41 billion in the same quarter last year, which would indicate a positive year over year growth rate of 9.1%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, January 30th.

On average, analysts expect that C.H. Robinson Worldwide will report full-year sales of $3.72 billion for the current financial year, with estimates ranging from $14.52 billion to $14.73 billion. For the next financial year, analysts expect that the firm will report sales of $15.50 billion per share, with estimates ranging from $15.05 billion to $15.76 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that that provide coverage for C.H. Robinson Worldwide.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings data on Tuesday, October 31st. The transportation company reported $0.85 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.03. The firm had revenue of $3.78 billion during the quarter, compared to analyst estimates of $3.65 billion. C.H. Robinson Worldwide had a net margin of 3.31% and a return on equity of 36.06%. C.H. Robinson Worldwide’s revenue was up 12.8% on a year-over-year basis. During the same period last year, the firm posted $0.90 EPS.

Several brokerages recently commented on CHRW. Oppenheimer reaffirmed a “hold” rating on shares of C.H. Robinson Worldwide in a research report on Wednesday, November 1st. Bank of America raised shares of C.H. Robinson Worldwide from an “underperform” rating to a “buy” rating and raised their price objective for the stock from $70.00 to $86.00 in a research note on Tuesday, October 10th. Stifel Nicolaus raised their price objective on shares of C.H. Robinson Worldwide from $71.00 to $82.00 and gave the stock a “hold” rating in a research note on Wednesday, November 1st. KeyCorp reaffirmed a “buy” rating and set a $78.00 price objective on shares of C.H. Robinson Worldwide in a research note on Tuesday, September 26th. Finally, Credit Suisse Group reaffirmed a “sell” rating and set a $68.00 price objective (up previously from $63.00) on shares of C.H. Robinson Worldwide in a research note on Thursday, October 12th. They noted that the move was a valuation call. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $77.35.

C.H. Robinson Worldwide (CHRW) opened at $86.65 on Friday. The company has a market cap of $11,365.71, a P/E ratio of 24.34, a P/E/G ratio of 2.80 and a beta of 0.44. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.24 and a quick ratio of 1.24. C.H. Robinson Worldwide has a 1 year low of $63.41 and a 1 year high of $87.17.

In related news, VP Angela K. Freeman sold 1,300 shares of the stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $80.64, for a total value of $104,832.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP James Lemke sold 15,000 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $79.98, for a total transaction of $1,199,700.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 18,038 shares of company stock worth $1,441,400. Company insiders own 0.85% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. Nicolet Bankshares Inc. purchased a new position in shares of C.H. Robinson Worldwide in the 3rd quarter valued at approximately $202,000. Integrated Investment Consultants LLC increased its holdings in C.H. Robinson Worldwide by 39.0% in the 3rd quarter. Integrated Investment Consultants LLC now owns 2,675 shares of the transportation company’s stock worth $204,000 after buying an additional 750 shares during the period. Fox Run Management L.L.C. acquired a new position in C.H. Robinson Worldwide in the 3rd quarter worth approximately $205,000. Sawtooth Solutions LLC grew its stake in shares of C.H. Robinson Worldwide by 2.5% during the 2nd quarter. Sawtooth Solutions LLC now owns 3,031 shares of the transportation company’s stock worth $208,000 after purchasing an additional 73 shares during the period. Finally, MML Investors Services LLC grew its stake in shares of C.H. Robinson Worldwide by 10.2% during the 2nd quarter. MML Investors Services LLC now owns 3,025 shares of the transportation company’s stock worth $208,000 after purchasing an additional 280 shares during the period. 94.66% of the stock is owned by hedge funds and other institutional investors.

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C.H. Robinson Worldwide Company Profile

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.

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

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