C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) insider Mac S. Pinkerton sold 540 shares of the firm’s stock in a transaction dated Thursday, November 18th. The shares were sold at an average price of $93.79, for a total transaction of $50,646.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Shares of NASDAQ:CHRW opened at $98.26 on Thursday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.36 and a quick ratio of 1.36. C.H. Robinson Worldwide, Inc. has a 1-year low of $84.67 and a 1-year high of $104.35. The company has a market capitalization of $12.77 billion, a P/E ratio of 17.39, a P/E/G ratio of 1.71 and a beta of 0.74. The firm’s 50 day simple moving average is $93.12 and its two-hundred day simple moving average is $93.32.
C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its quarterly earnings results on Tuesday, October 26th. The transportation company reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.43. C.H. Robinson Worldwide had a net margin of 3.60% and a return on equity of 40.08%. The business had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $5.48 billion. During the same quarter in the previous year, the firm earned $1.00 earnings per share. The company’s revenue for the quarter was up 48.3% on a year-over-year basis. On average, sell-side analysts anticipate that C.H. Robinson Worldwide, Inc. will post 6.27 earnings per share for the current fiscal year.
A number of brokerages have recently issued reports on CHRW. Zacks Investment Research raised shares of C.H. Robinson Worldwide from a “hold” rating to a “strong-buy” rating and set a $110.00 price target on the stock in a report on Friday, November 5th. Credit Suisse Group dropped their price target on shares of C.H. Robinson Worldwide from $93.00 to $87.00 and set an “underperform” rating on the stock in a report on Wednesday, July 28th. Evercore ISI began coverage on shares of C.H. Robinson Worldwide in a report on Monday, September 13th. They set an “inline” rating and a $95.00 price target on the stock. Wells Fargo & Company raised their price target on shares of C.H. Robinson Worldwide from $85.00 to $92.00 and gave the company an “underweight” rating in a report on Wednesday, October 27th. Finally, Robert W. Baird reissued a “hold” rating on shares of C.H. Robinson Worldwide in a report on Thursday, October 28th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $96.92.
About C.H. Robinson Worldwide
C.H. Robinson Worldwide, Inc engages in the provision of freight transportation services and logistics solutions. It operates through the following three segments: North American Surface Transportation and Global Forwarding. The North American Surface Transportation segment provides freight transportation services across North America through a network of offices in the United States, Canada, and Mexico.
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