C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Given Consensus Rating of “Moderate Buy” by Brokerages

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-four analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seventeen have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $194.84.

A number of research analysts have issued reports on the company. Stifel Nicolaus lifted their price objective on C.H. Robinson Worldwide from $207.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, July 15th. TD Cowen cut their price target on shares of C.H. Robinson Worldwide from $200.00 to $155.00 and set a “hold” rating for the company in a report on Tuesday. BMO Capital Markets upped their price objective on shares of C.H. Robinson Worldwide from $180.00 to $190.00 and gave the stock a “market perform” rating in a research note on Monday, July 13th. Susquehanna raised their price objective on shares of C.H. Robinson Worldwide from $215.00 to $226.00 and gave the stock a “positive” rating in a report on Tuesday, July 14th. Finally, Wells Fargo & Company lifted their target price on shares of C.H. Robinson Worldwide from $210.00 to $215.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th.

Institutional Trading of C.H. Robinson Worldwide

A number of large investors have recently bought and sold shares of CHRW. Bank of Jackson Hole Trust bought a new position in shares of C.H. Robinson Worldwide during the 4th quarter worth approximately $25,000. Millstone Evans Group LLC grew its position in C.H. Robinson Worldwide by 79.8% in the first quarter. Millstone Evans Group LLC now owns 160 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 71 shares in the last quarter. DV Equities LLC acquired a new stake in C.H. Robinson Worldwide in the 4th quarter valued at $27,000. Cornerstone Planning Group LLC lifted its position in C.H. Robinson Worldwide by 57.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 184 shares of the transportation company’s stock worth $31,000 after buying an additional 67 shares in the last quarter. Finally, Bayban acquired a new position in shares of C.H. Robinson Worldwide during the 4th quarter worth about $32,000. 93.15% of the stock is owned by institutional investors.

Trending Headlines about C.H. Robinson Worldwide

Here are the key news stories impacting C.H. Robinson Worldwide this week:

• Positive Sentiment: Quarterly earnings beat estimates: CHRW reported adjusted earnings of $1.61 per share, above the $1.53 consensus estimate and up from $1.29 a year earlier. C.H. Robinson Worldwide Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Revenue materially exceeded expectations: Quarterly revenue reached $4.93 billion versus analysts’ $4.35 billion forecast, representing 19.3% year-over-year growth. Higher pricing helped lift revenue, while reported profit increased to $186.8 million from $152.5 million in the prior-year quarter. C.H. Robinson Profit Rises as Higher Prices Boost Revenue
• Positive Sentiment: Operating performance showed solid profitability: CHRW reported a 3.70% net margin and 35.49% return on equity. Investors may view the results as evidence that the freight brokerage business is benefiting from improved pricing and demand. C.H. Robinson Q2 Key Metrics
• Neutral Sentiment: Analysts expect CHRW to earn approximately $6.12 per share for the current fiscal year. The company’s results could prompt revisions to forecasts, but the articles did not provide updated full-year guidance.
• Negative Sentiment: Some analysts have reduced valuation targets: TD Cowen cut its target to $155 and maintained a “hold” rating, while Robert W. Baird lowered its target to $200 but retained an “outperform” rating. These actions suggest continued caution over valuation or the freight market outlook. Analyst Price-Target Changes

C.H. Robinson Worldwide Price Performance

Shares of C.H. Robinson Worldwide stock opened at $173.75 on Thursday. The firm has a market cap of $20.48 billion, a P/E ratio of 35.17, a price-to-earnings-growth ratio of 1.46 and a beta of 0.91. The firm’s 50-day simple moving average is $187.41 and its 200-day simple moving average is $180.99. C.H. Robinson Worldwide has a twelve month low of $96.89 and a twelve month high of $210.33. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.59 and a current ratio of 1.59.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings results on Wednesday, July 29th. The transportation company reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.08. The firm had revenue of $4.93 billion during the quarter, compared to analyst estimates of $4.35 billion. C.H. Robinson Worldwide had a net margin of 3.70% and a return on equity of 35.49%. The company’s quarterly revenue was up 19.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.29 earnings per share. As a group, research analysts expect that C.H. Robinson Worldwide will post 6.12 EPS for the current fiscal year.

C.H. Robinson Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th were paid a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, June 5th. C.H. Robinson Worldwide’s dividend payout ratio is presently 51.01%.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world’s largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company’s primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.