Wall Street analysts expect C.H. Robinson Worldwide Inc (NASDAQ:CHRW) to post $3.70 billion in sales for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for C.H. Robinson Worldwide’s earnings, with the highest sales estimate coming in at $3.82 billion and the lowest estimate coming in at $3.58 billion. C.H. Robinson Worldwide posted sales of $3.41 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 8.5%. The firm is expected to announce its next earnings report after the market closes on Tuesday, January 30th.
On average, analysts expect that C.H. Robinson Worldwide will report full year sales of $3.70 billion for the current year, with estimates ranging from $14.49 billion to $14.71 billion. For the next financial year, analysts expect that the company will report sales of $15.50 billion per share, with estimates ranging from $15.05 billion to $15.74 billion. Zacks’ sales 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 announced its quarterly earnings data on Tuesday, October 31st. The transportation company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.03. C.H. Robinson Worldwide had a net margin of 3.31% and a return on equity of 36.06%. The business had revenue of $3.78 billion during the quarter, compared to the consensus estimate of $3.65 billion. During the same quarter in the prior year, the firm earned $0.90 EPS. The company’s revenue for the quarter was up 12.8% compared to the same quarter last year.
Shares of C.H. Robinson Worldwide (CHRW) traded up $1.48 during trading hours on Monday, hitting $95.16. 1,622,300 shares of the company were exchanged, compared to its average volume of 1,271,131. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.55. C.H. Robinson Worldwide has a twelve month low of $63.41 and a twelve month high of $95.28. The company has a market cap of $13,270.00, a P/E ratio of 28.41, a PEG ratio of 2.67 and a beta of 0.48.
The company also recently announced 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. This represents a $1.84 dividend on an annualized basis and a yield of 1.93%. This is a positive change from C.H. Robinson Worldwide’s previous quarterly dividend of $0.45. The ex-dividend date was Friday, December 15th. C.H. Robinson Worldwide’s payout ratio is presently 54.93%.
In other news, VP Angela K. Freeman sold 1,300 shares of the company’s 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 link. Also, VP Ben G. Campbell sold 4,865 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $85.00, for a total transaction of $413,525.00. Following the completion of the sale, the vice president now directly owns 29,837 shares of the company’s stock, valued at $2,536,145. 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 over the last three months. 0.85% of the stock is currently owned by company insiders.
Several large investors have recently modified their holdings of CHRW. Nicolet Bankshares Inc. acquired a new stake in shares of C.H. Robinson Worldwide in the 3rd quarter worth approximately $202,000. Integrated Investment Consultants LLC lifted its stake in shares of 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 acquiring an additional 750 shares during the period. Fox Run Management L.L.C. acquired a new stake in shares of C.H. Robinson Worldwide in the 3rd quarter worth approximately $205,000. MML Investors Services LLC lifted its stake in shares of C.H. Robinson Worldwide by 10.2% in the 2nd quarter. MML Investors Services LLC now owns 3,025 shares of the transportation company’s stock worth $208,000 after acquiring an additional 280 shares during the period. Finally, Conning Inc. acquired a new stake in shares of C.H. Robinson Worldwide in the 3rd quarter worth approximately $213,000. 94.18% of the stock is owned by 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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