C.H. Robinson Worldwide, Inc. (CHRW) – What Are Brokerages Saying About This Stock?

Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) have earned a consensus rating of “Moderate Buy” from the twenty-five ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $192.08.

A number of analysts have weighed in on CHRW shares. Stephens cut their price objective on shares of C.H. Robinson Worldwide from $225.00 to $215.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Evercore set a $217.00 price objective on C.H. Robinson Worldwide in a research note on Tuesday, October 6th. Jefferies Financial Group reiterated a “buy” rating and issued a $220.00 price target on shares of C.H. Robinson Worldwide in a research report on Tuesday, October 6th. Wolfe Research set a $196.00 price objective on shares of C.H. Robinson Worldwide in a research report on Thursday, July 30th. Finally, Susquehanna raised their price target on C.H. Robinson Worldwide from $215.00 to $226.00 and gave the stock a “positive” rating in a report on Tuesday, July 14th.

Institutional Trading of C.H. Robinson Worldwide

Institutional investors have recently made changes to their positions in the stock. Continuum Advisory LLC purchased a new stake in shares of C.H. Robinson Worldwide during the 2nd quarter valued at $27,000. NBH Bank purchased a new stake in C.H. Robinson Worldwide during the 2nd quarter worth approximately $29,000. Millstone Evans Group LLC raised its holdings in shares of C.H. Robinson Worldwide by 79.8% in the first quarter. Millstone Evans Group LLC now owns 160 shares of the transportation company’s stock worth $27,000 after buying an additional 71 shares during the last quarter. Burkett Financial Services LLC acquired a new position in shares of C.H. Robinson Worldwide in the 3rd quarter valued at $25,000. Finally, Cornerstone Planning Group LLC lifted its position in C.H. Robinson Worldwide by 57.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 184 shares of the transportation company’s stock worth $31,000 after acquiring an additional 67 shares during the period. 93.15% of the stock is owned by hedge funds and other institutional investors.

C.H. Robinson Worldwide Stock Down 1.8%

CHRW stock opened at $139.75 on Tuesday. The firm’s fifty day moving average is $148.07 and its 200 day moving average is $168.60. The firm has a market cap of $16.33 billion, a PE ratio of 26.67, a P/E/G ratio of 1.18 and a beta of 0.94. C.H. Robinson Worldwide has a one year low of $123.64 and a one year high of $210.33. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.58 and a current ratio of 1.58.

C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its earnings results on Wednesday, July 29th. The transportation company reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.08. The business had revenue of $4.93 billion during the quarter, compared to analysts’ expectations of $4.35 billion. C.H. Robinson Worldwide had a net margin of 3.73% and a return on equity of 38.36%. The company’s quarterly revenue was up 19.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.29 earnings per share. On average, research analysts forecast that C.H. Robinson Worldwide will post 6.25 EPS for the current year.

C.H. Robinson Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 4th were paid a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.8%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 48.09%.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc is a global third-party logistics provider that connects shippers with transportation carriers and other supply-chain service providers. The company helps businesses plan, manage and execute the movement of freight across domestic and international markets.

Its services include truckload and less-than-truckload freight brokerage, intermodal transportation, ocean and air freight forwarding, customs services, and transportation management. C.H. Robinson also provides technology and data-driven tools designed to improve shipment planning, visibility, routing and logistics performance.

Founded in 1905 and headquartered in Eden Prairie, Minnesota, C.H.