$0.85 EPS Expected for C.H. Robinson Worldwide Inc (CHRW) This Quarter

Equities analysts predict that C.H. Robinson Worldwide Inc (NASDAQ:CHRW) will report $0.85 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Seven analysts have issued estimates for C.H. Robinson Worldwide’s earnings. The lowest EPS estimate is $0.81 and the highest is $0.96. C.H. Robinson Worldwide posted earnings of $0.86 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 1.2%. The firm is expected to report its next earnings report after the market closes on Tuesday, January 30th.

According to Zacks, analysts expect that C.H. Robinson Worldwide will report full-year earnings of $3.35 per share for the current year, with EPS estimates ranging from $3.28 to $3.53. For the next year, analysts forecast that the company will post earnings of $4.02 per share, with EPS estimates ranging from $3.41 to $4.75. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that that provide coverage for C.H. Robinson Worldwide.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its earnings results on Tuesday, October 31st. The transportation company reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.03. The company 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 firm’s quarterly revenue was up 12.8% on a year-over-year basis. During the same quarter last year, the business posted $0.90 EPS.

A number of equities analysts recently issued reports on the company. BidaskClub lowered C.H. Robinson Worldwide from a “strong-buy” rating to a “buy” rating in a research note on Thursday. Credit Suisse Group upgraded C.H. Robinson Worldwide to a “hold” rating and set a $85.00 target price for the company in a research note on Wednesday. Robert W. Baird restated a “hold” rating and issued a $90.00 target price on shares of C.H. Robinson Worldwide in a research note on Tuesday, January 9th. Zacks Investment Research lowered C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research note on Monday, January 8th. Finally, Citigroup upgraded C.H. Robinson Worldwide from a “neutral” rating to a “buy” rating in a research note on Thursday, January 4th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the company’s stock. C.H. Robinson Worldwide presently has a consensus rating of “Hold” and a consensus target price of $79.12.

In other C.H. Robinson Worldwide news, SVP James Lemke sold 15,000 shares of C.H. Robinson Worldwide stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $79.98, for a total transaction of $1,199,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Angela K. Freeman sold 1,300 shares of C.H. Robinson Worldwide stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $80.64, for a total value of $104,832.00. The disclosure for this sale can be found here. Insiders have sold a total of 22,903 shares of company stock valued at $1,854,925 in the last quarter. Company insiders own 0.85% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Franklin Resources Inc. acquired a new stake in shares of C.H. Robinson Worldwide during the 2nd quarter valued at about $548,000. Teachers Advisors LLC grew its position in shares of C.H. Robinson Worldwide by 4.6% during the 2nd quarter. Teachers Advisors LLC now owns 175,430 shares of the transportation company’s stock valued at $12,049,000 after acquiring an additional 7,731 shares during the period. Amalgamated Bank grew its position in shares of C.H. Robinson Worldwide by 51.6% during the 2nd quarter. Amalgamated Bank now owns 16,317 shares of the transportation company’s stock valued at $1,121,000 after acquiring an additional 5,555 shares during the period. Stevens Capital Management LP acquired a new stake in shares of C.H. Robinson Worldwide during the 2nd quarter valued at about $1,325,000. Finally, ProShare Advisors LLC grew its position in shares of C.H. Robinson Worldwide by 48.4% during the 2nd quarter. ProShare Advisors LLC now owns 42,568 shares of the transportation company’s stock valued at $2,924,000 after acquiring an additional 13,883 shares during the period. Institutional investors and hedge funds own 94.35% of the company’s stock.

C.H. Robinson Worldwide (NASDAQ:CHRW) opened at $95.16 on Friday. The stock has a market capitalization of $13,087.55, a price-to-earnings ratio of 27.96, a P/E/G ratio of 2.66 and a beta of 0.48. 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 52 week low of $63.41 and a 52 week high of $95.28.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Monday, December 18th were paid a dividend of $0.46 per share. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.93%. This is a positive change from C.H. Robinson Worldwide’s previous quarterly dividend of $0.45. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 54.93%.

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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.

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