$1.86 EPS Expected for C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) This Quarter

Equities analysts predict that C.H. Robinson Worldwide, Inc. (NASDAQ:CHRWGet Rating) will announce earnings per share of $1.87 for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for C.H. Robinson Worldwide’s earnings, with the highest EPS estimate coming in at $2.11 and the lowest estimate coming in at $1.58. C.H. Robinson Worldwide posted earnings per share of $1.44 in the same quarter last year, which indicates a positive year-over-year growth rate of 29.9%. The business is expected to announce its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that C.H. Robinson Worldwide will report full year earnings of $7.21 per share for the current fiscal year, with EPS estimates ranging from $5.93 to $8.40. For the next financial year, analysts anticipate that the company will post earnings of $6.06 per share, with EPS estimates ranging from $4.43 to $7.25. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that that provide coverage for C.H. Robinson Worldwide.

C.H. Robinson Worldwide (NASDAQ:CHRWGet Rating) last announced its earnings results on Wednesday, April 27th. The transportation company reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.51. C.H. Robinson Worldwide had a net margin of 3.75% and a return on equity of 47.22%. The firm had revenue of $6.82 billion for the quarter, compared to analyst estimates of $5.96 billion. During the same quarter in the previous year, the firm posted $1.28 EPS.

CHRW has been the subject of a number of recent research reports. UBS Group cut shares of C.H. Robinson Worldwide from a “buy” rating to a “neutral” rating in a research report on Thursday, February 3rd. KeyCorp lowered their price target on shares of C.H. Robinson Worldwide from $135.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, February 3rd. StockNews.com initiated coverage on shares of C.H. Robinson Worldwide in a research report on Thursday, March 31st. They set a “hold” rating for the company. Susquehanna Bancshares lifted their target price on shares of C.H. Robinson Worldwide from $95.00 to $107.00 in a report on Thursday, April 28th. Finally, Benchmark initiated coverage on shares of C.H. Robinson Worldwide in a report on Thursday, January 27th. They issued a “buy” rating and a $125.00 target price for the company. Three analysts have rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, C.H. Robinson Worldwide has a consensus rating of “Hold” and an average price target of $108.91.

In other C.H. Robinson Worldwide news, insider Angela K. Freeman sold 28,054 shares of the company’s stock in a transaction that occurred on Tuesday, May 3rd. The shares were sold at an average price of $110.03, for a total value of $3,086,781.62. Following the completion of the transaction, the insider now directly owns 54,520 shares in the company, valued at $5,998,835.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Michael D. Castagnetto sold 3,747 shares of the company’s stock in a transaction that occurred on Tuesday, May 10th. The stock was sold at an average price of $110.15, for a total transaction of $412,732.05. Following the completion of the transaction, the insider now owns 20,060 shares of the company’s stock, valued at $2,209,609. The disclosure for this sale can be found here. Insiders own 1.64% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. TAP Consulting LLC purchased a new position in shares of C.H. Robinson Worldwide in the fourth quarter worth $29,000. Penserra Capital Management LLC purchased a new position in shares of C.H. Robinson Worldwide in the first quarter worth $30,000. Ellevest Inc. lifted its holdings in shares of C.H. Robinson Worldwide by 67.6% in the first quarter. Ellevest Inc. now owns 290 shares of the transportation company’s stock worth $31,000 after buying an additional 117 shares in the last quarter. Covington Capital Management lifted its holdings in shares of C.H. Robinson Worldwide by 65.2% in the fourth quarter. Covington Capital Management now owns 413 shares of the transportation company’s stock worth $44,000 after buying an additional 163 shares in the last quarter. Finally, Catalyst Capital Advisors LLC purchased a new position in shares of C.H. Robinson Worldwide in the fourth quarter worth $46,000. Institutional investors and hedge funds own 93.48% of the company’s stock.

NASDAQ CHRW traded down $1.92 during trading hours on Friday, reaching $105.79. 1,172,061 shares of the company’s stock traded hands, compared to its average volume of 1,190,741. C.H. Robinson Worldwide has a 52-week low of $84.67 and a 52-week high of $112.15. The firm has a market cap of $13.46 billion, a PE ratio of 14.94, a PEG ratio of 1.67 and a beta of 0.73. The firm has a 50-day simple moving average of $104.65 and a 200 day simple moving average of $101.26. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.49 and a quick ratio of 1.49.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 1st. Investors of record on Friday, June 3rd will be given a dividend of $0.55 per share. The ex-dividend date of this dividend is Thursday, June 2nd. This represents a $2.20 annualized dividend and a yield of 2.08%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 31.07%.

C.H. Robinson Worldwide Company Profile (Get Rating)

C.H. Robinson Worldwide, Inc, together with its subsidiaries, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates in two segments, North American Surface Transportation and Global Forwarding. It 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 comprise the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel ocean common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services.

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Earnings History and Estimates for C.H. Robinson Worldwide (NASDAQ:CHRW)

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