Wall Street analysts predict that C.H. Robinson Worldwide Inc (NASDAQ:CHRW) will announce earnings per share (EPS) of $1.17 for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have provided estimates for C.H. Robinson Worldwide’s earnings, with the lowest EPS estimate coming in at $1.13 and the highest estimate coming in at $1.20. C.H. Robinson Worldwide reported earnings of $0.85 per share during the same quarter last year, which suggests a positive year over year growth rate of 37.6%. The business is scheduled to announce its next quarterly earnings report after the market closes on Tuesday, October 30th.

On average, analysts expect that C.H. Robinson Worldwide will report full year earnings of $4.49 per share for the current year, with EPS estimates ranging from $4.31 to $4.55. For the next financial year, analysts expect that the firm will post earnings of $4.95 per share, with EPS estimates ranging from $4.50 to $5.11. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover C.H. Robinson Worldwide.

C.H. Robinson Worldwide (NASDAQ:CHRW) last released its quarterly earnings data on Tuesday, July 31st. The transportation company reported $1.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.06 by $0.07. The business had revenue of $4.28 billion during the quarter, compared to analysts’ expectations of $4.18 billion. C.H. Robinson Worldwide had a return on equity of 38.81% and a net margin of 3.59%. The business’s quarterly revenue was up 15.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.78 EPS.

Several research firms have commented on CHRW. Zacks Investment Research raised C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $107.00 price objective for the company in a research note on Monday, September 3rd. Cowen increased their target price on C.H. Robinson Worldwide from $99.00 to $106.00 and gave the company an “outperform” rating in a report on Thursday, August 2nd. BidaskClub cut C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a report on Thursday, October 4th. Cleveland Research reiterated a “neutral” rating on shares of C.H. Robinson Worldwide in a report on Friday, October 19th. Finally, Credit Suisse Group increased their target price on C.H. Robinson Worldwide from $82.00 to $86.00 and gave the company an “underperform” rating in a report on Thursday, August 2nd. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $94.63.

Shares of NASDAQ:CHRW traded down $1.22 on Friday, hitting $86.19. 1,323,916 shares of the company’s stock were exchanged, compared to its average volume of 1,116,530. The stock has a market cap of $11.94 billion, a P/E ratio of 21.66, a P/E/G ratio of 2.13 and a beta of 0.40. C.H. Robinson Worldwide has a 1-year low of $77.52 and a 1-year high of $101.20. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.81 and a current ratio of 1.81.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 28th. Stockholders of record on Friday, September 7th were issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend was Thursday, September 6th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is 52.87%.

In other C.H. Robinson Worldwide news, insider Angela K. Freeman sold 1,589 shares of the firm’s stock in a transaction dated Friday, August 24th. The stock was sold at an average price of $96.71, for a total value of $153,672.19. Following the transaction, the insider now directly owns 24,136 shares of the company’s stock, valued at $2,334,192.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John Wiehoff sold 30,000 shares of the firm’s stock in a transaction dated Friday, August 17th. The shares were sold at an average price of $96.45, for a total value of $2,893,500.00. Following the completion of the transaction, the chief executive officer now directly owns 715,727 shares in the company, valued at $69,031,869.15. The disclosure for this sale can be found here. Insiders have sold 46,758 shares of company stock worth $4,526,546 in the last 90 days. Insiders own 0.97% of the company’s stock.

Large investors have recently added to or reduced their stakes in the business. Fort L.P. acquired a new position in C.H. Robinson Worldwide in the second quarter valued at approximately $116,000. Piedmont Investment Advisors LLC bought a new stake in C.H. Robinson Worldwide in the second quarter valued at about $132,000. Sit Investment Associates Inc. increased its stake in C.H. Robinson Worldwide by 77.5% in the second quarter. Sit Investment Associates Inc. now owns 1,775 shares of the transportation company’s stock valued at $148,000 after acquiring an additional 775 shares during the period. Cerebellum GP LLC bought a new stake in C.H. Robinson Worldwide in the second quarter valued at about $177,000. Finally, Chicago Capital LLC bought a new stake in C.H. Robinson Worldwide in the second quarter valued at about $201,000. 86.02% of the stock is currently owned by institutional investors.

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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