C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW – Get Free Report) has received a consensus rating of “Moderate Buy” from the twenty-two ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $117.65.
Several equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft assumed coverage on C.H. Robinson Worldwide in a research report on Friday, March 7th. They set a “buy” rating and a $129.00 price objective on the stock. TD Cowen increased their price objective on C.H. Robinson Worldwide from $113.00 to $119.00 and gave the company a “hold” rating in a research report on Friday, December 13th. StockNews.com lowered C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research report on Friday, March 7th. Benchmark reiterated a “buy” rating and set a $125.00 price objective on shares of C.H. Robinson Worldwide in a research report on Friday, January 31st. Finally, Robert W. Baird increased their price objective on C.H. Robinson Worldwide from $115.00 to $124.00 and gave the company a “neutral” rating in a research report on Friday, December 13th.
View Our Latest Report on C.H. Robinson Worldwide
Insiders Place Their Bets
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. National Pension Service purchased a new position in shares of C.H. Robinson Worldwide in the 4th quarter valued at approximately $25,000. Venturi Wealth Management LLC lifted its stake in shares of C.H. Robinson Worldwide by 83.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 244 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 111 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of C.H. Robinson Worldwide in the 4th quarter valued at approximately $33,000. Missouri Trust & Investment Co bought a new position in C.H. Robinson Worldwide during the 4th quarter valued at approximately $41,000. Finally, Mainstream Capital Management LLC bought a new position in C.H. Robinson Worldwide during the 4th quarter valued at approximately $41,000. Hedge funds and other institutional investors own 93.15% of the company’s stock.
C.H. Robinson Worldwide Price Performance
Shares of NASDAQ CHRW opened at $98.38 on Monday. The firm has a market capitalization of $11.68 billion, a P/E ratio of 25.55, a P/E/G ratio of 1.16 and a beta of 0.83. The company has a quick ratio of 1.49, a current ratio of 1.28 and a debt-to-equity ratio of 0.54. The stock’s 50-day simple moving average is $101.13 and its two-hundred day simple moving average is $104.54. C.H. Robinson Worldwide has a twelve month low of $65.00 and a twelve month high of $114.82.
C.H. Robinson Worldwide (NASDAQ:CHRW – Get Free Report) last announced its earnings results on Wednesday, January 29th. The transportation company reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.11. C.H. Robinson Worldwide had a return on equity of 34.53% and a net margin of 2.63%. As a group, equities analysts anticipate that C.H. Robinson Worldwide will post 4.83 EPS for the current fiscal year.
C.H. Robinson Worldwide Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 7th will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend is Friday, March 7th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is currently 64.42%.
C.H. Robinson Worldwide Company Profile
C.H. Robinson Worldwide, Inc, together with its subsidiaries, provides freight transportation services, and related logistics and supply chain services in the United States and internationally. It operates through two segments: North American Surface Transportation and Global Forwarding. The company offers transportation and logistics services, such as truckload, less than truckload transportation brokerage services, which include the shipment of single or multiple pallets of freight; intermodal transportation that comprises the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel operating common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services.
Featured Stories
- Five stocks we like better than C.H. Robinson Worldwide
- Want to Profit on the Downtrend? Downtrends, Explained.
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- Stock Average Calculator
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- Expert Stock Trading Psychology Tips
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
Receive News & Ratings for C.H. Robinson Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C.H. Robinson Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.