Equities analysts forecast that C.H. Robinson Worldwide Inc (NASDAQ:CHRW) will post $1.18 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for C.H. Robinson Worldwide’s earnings. The lowest EPS estimate is $1.08 and the highest is $1.26. C.H. Robinson Worldwide reported earnings of $1.25 per share in the same quarter last year, which suggests a negative year over year growth rate of 5.6%. The company is expected to issue its next quarterly earnings results on Tuesday, October 29th.

On average, analysts expect that C.H. Robinson Worldwide will report full-year earnings of $4.76 per share for the current year, with EPS estimates ranging from $4.60 to $4.90. For the next fiscal year, analysts expect that the business will report earnings of $4.94 per share, with EPS estimates ranging from $4.49 to $5.30. Zacks’ EPS calculations are a mean average based on a survey of research firms that follow C.H. Robinson Worldwide.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings results on Tuesday, July 30th. The transportation company reported $1.22 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.22. The business had revenue of $3.91 billion during the quarter, compared to analysts’ expectations of $4.02 billion. C.H. Robinson Worldwide had a net margin of 4.31% and a return on equity of 42.88%. The business’s quarterly revenue was down 8.6% on a year-over-year basis. During the same quarter last year, the company posted $1.13 earnings per share.

CHRW has been the topic of a number of recent research reports. Citigroup lowered shares of C.H. Robinson Worldwide from a “buy” rating to a “neutral” rating and set a $88.00 price target on the stock. in a research report on Friday, July 26th. BidaskClub cut shares of C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a research note on Friday, September 6th. Finally, Morgan Stanley set a $65.00 price target on shares of C.H. Robinson Worldwide and gave the stock a “sell” rating in a research note on Monday, July 8th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $89.44.

Shares of NASDAQ CHRW traded down $2.62 during midday trading on Monday, reaching $86.45. The company had a trading volume of 1,096,434 shares, compared to its average volume of 1,282,330. The business’s 50-day simple moving average is $83.77 and its 200 day simple moving average is $84.82. The stock has a market cap of $11.28 billion, a P/E ratio of 18.28, a P/E/G ratio of 1.94 and a beta of 0.65. C.H. Robinson Worldwide has a 1 year low of $77.72 and a 1 year high of $100.54. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.76.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 6th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date is Thursday, September 5th. C.H. Robinson Worldwide’s dividend payout ratio is presently 42.28%.

In other C.H. Robinson Worldwide news, insider John Wiehoff sold 8,392 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $85.93, for a total transaction of $721,124.56. Following the completion of the sale, the insider now owns 34,499 shares of the company’s stock, valued at $2,964,499.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Angela K. Freeman sold 16,356 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $84.88, for a total value of $1,388,297.28. Following the sale, the insider now directly owns 47,594 shares of the company’s stock, valued at approximately $4,039,778.72. The disclosure for this sale can be found here. In the last ninety days, insiders sold 45,173 shares of company stock valued at $3,825,122. 1.65% of the stock is currently owned by corporate insiders.

Institutional investors have recently made changes to their positions in the business. Farmers National Bank acquired a new position in shares of C.H. Robinson Worldwide during the 1st quarter worth $26,000. Berman Capital Advisors LLC increased its holdings in shares of C.H. Robinson Worldwide by 245.3% in the second quarter. Berman Capital Advisors LLC now owns 328 shares of the transportation company’s stock worth $27,000 after buying an additional 233 shares during the period. Bremer Bank National Association purchased a new position in shares of C.H. Robinson Worldwide in the first quarter worth about $36,000. Meeder Asset Management Inc. purchased a new position in shares of C.H. Robinson Worldwide in the second quarter worth about $42,000. Finally, Signaturefd LLC increased its holdings in shares of C.H. Robinson Worldwide by 98.9% in the second quarter. Signaturefd LLC now owns 527 shares of the transportation company’s stock worth $44,000 after buying an additional 262 shares during the period. 90.80% of the stock is owned by hedge funds and other 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 North American Surface Transportation and Global Forwarding segments. 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 that include the 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 offers door-to-door services.

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

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