Equities research analysts forecast that C.H. Robinson Worldwide Inc (NASDAQ:CHRW) will report earnings of $1.05 per share for the current fiscal quarter, according to Zacks. Eight analysts have provided estimates for C.H. Robinson Worldwide’s earnings, with the highest EPS estimate coming in at $1.10 and the lowest estimate coming in at $1.00. C.H. Robinson Worldwide posted earnings of $0.78 per share during the same quarter last year, which suggests a positive year over year growth rate of 34.6%. The company is expected to report its next quarterly earnings results after the market closes on Tuesday, July 31st.

According to Zacks, analysts expect that C.H. Robinson Worldwide will report full-year earnings of $4.38 per share for the current fiscal year, with EPS estimates ranging from $4.21 to $4.50. For the next financial year, analysts expect that the business will report earnings of $4.84 per share, with EPS estimates ranging from $4.27 to $5.04. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for C.H. Robinson Worldwide.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings results on Tuesday, May 1st. The transportation company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.01. C.H. Robinson Worldwide had a return on equity of 36.63% and a net margin of 3.41%. The company had revenue of $3.93 billion for the quarter, compared to the consensus estimate of $3.85 billion. During the same quarter in the previous year, the business earned $0.86 EPS. C.H. Robinson Worldwide’s revenue was up 14.9% compared to the same quarter last year.

A number of research analysts recently issued reports on the company. BMO Capital Markets reduced their price target on C.H. Robinson Worldwide from $96.00 to $90.00 and set a “market perform” rating on the stock in a report on Thursday, May 3rd. Zacks Investment Research downgraded C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a report on Monday. ValuEngine downgraded C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Stifel Nicolaus assumed coverage on C.H. Robinson Worldwide in a report on Tuesday, June 19th. They set a “buy” rating and a $101.00 price target on the stock. Finally, Stephens downgraded C.H. Robinson Worldwide from an “overweight” rating to an “equal weight” rating and set a $89.00 price target on the stock. in a report on Friday, May 4th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the stock. C.H. Robinson Worldwide presently has a consensus rating of “Hold” and a consensus price target of $85.75.

A number of institutional investors have recently bought and sold shares of the business. IFM Investors Pty Ltd boosted its position in C.H. Robinson Worldwide by 63.2% during the 2nd quarter. IFM Investors Pty Ltd now owns 5,999 shares of the transportation company’s stock valued at $502,000 after acquiring an additional 2,323 shares in the last quarter. DnB Asset Management AS boosted its position in shares of C.H. Robinson Worldwide by 5.0% in the 2nd quarter. DnB Asset Management AS now owns 16,851 shares of the transportation company’s stock worth $1,410,000 after purchasing an additional 800 shares in the last quarter. Cerebellum GP LLC bought a new stake in shares of C.H. Robinson Worldwide in the 2nd quarter worth approximately $177,000. Avalon Advisors LLC boosted its position in shares of C.H. Robinson Worldwide by 36.0% in the 1st quarter. Avalon Advisors LLC now owns 186,390 shares of the transportation company’s stock worth $17,466,000 after purchasing an additional 49,365 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC bought a new stake in shares of C.H. Robinson Worldwide in the 1st quarter worth approximately $631,000. 90.59% of the stock is currently owned by institutional investors and hedge funds.

C.H. Robinson Worldwide traded up $0.16, reaching $86.02, during mid-day trading on Tuesday, MarketBeat reports. 3,433 shares of the company’s stock traded hands, compared to its average volume of 1,206,770. C.H. Robinson Worldwide has a 12-month low of $63.41 and a 12-month high of $100.18. The company has a market cap of $11.76 billion, a PE ratio of 24.72, a P/E/G ratio of 2.14 and a beta of 0.42. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.30 and a quick ratio of 1.30.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 29th. Shareholders of record on Friday, June 1st were given a dividend of $0.46 per share. The ex-dividend date of this dividend was Thursday, May 31st. This represents a $1.84 annualized dividend and a yield of 2.14%. C.H. Robinson Worldwide’s payout ratio is 52.87%.

C.H. Robinson Worldwide announced that its board has authorized a stock buyback plan on Thursday, May 10th that permits the company to buyback 15,000,000 outstanding shares. This buyback authorization permits the transportation company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s board believes its stock is undervalued.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc, a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates through three segments: North American Surface Transportation, Global Forwarding, and Robinson Fresh. It offers transportation and logistics services, such as truckload; less than truckload transportation which include the shipment of single or multiple pallets of freight; intermodal transportation, which is shipment service of freight in trailers or containers by a combination of truck and rail; and non-vessel ocean common carrier or freight forwarding services, as well as organizes air shipments and provides door-to-door services.

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