C.H. Robinson Worldwide (NASDAQ:CHRW) Earns Daily News Impact Rating of 0.19
News coverage about C.H. Robinson Worldwide (NASDAQ:CHRW) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. C.H. Robinson Worldwide earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned news headlines about the transportation company an impact score of 47.1096628178858 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- CH Robinson Worldwide (NASDAQ:CHRW) Receives News Impact Rating of 0.22 (campdesrecrues.com)
- CH Robinson Worldwide, Inc. (NASDAQ:CHRW) Shares Down 0.8% After Analyst Downgrade (expressnewsline.com)
- See what the IHS Markit Score report has to say about C.H. Robinson Worldwide Inc. (finance.yahoo.com)
- C.H. Robinson Worldwide, Inc. (CHRW) to Issue Quarterly Dividend of $0.45 (americanbankingnews.com)
- Norges Bank Bought A Little More CH Robinson Worldwide, Inc. (CHRW) Stock Last Quarter – Modern Readers (modernreaders.com)
Several research firms have weighed in on CHRW. BidaskClub raised shares of C.H. Robinson Worldwide from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 5th. BMO Capital Markets raised shares of C.H. Robinson Worldwide from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $70.00 to $72.00 in a research note on Wednesday, July 26th. They noted that the move was a valuation call. Vertical Research raised shares of C.H. Robinson Worldwide from a “sell” rating to a “hold” rating and set a $76.00 price target for the company in a research note on Monday, May 15th. Stifel Nicolaus lowered their price target on shares of C.H. Robinson Worldwide from $71.00 to $67.00 and set a “hold” rating for the company in a research note on Thursday, July 20th. Finally, Cowen and Company lowered their price target on shares of C.H. Robinson Worldwide from $73.00 to $68.00 and set a “market perform” rating for the company in a research note on Friday, July 21st. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. C.H. Robinson Worldwide has a consensus rating of “Hold” and an average target price of $70.10.
Shares of C.H. Robinson Worldwide (NASDAQ CHRW) traded down 0.73% during trading on Friday, hitting $65.63. 1,289,588 shares of the stock traded hands. The stock has a market cap of $9.21 billion, a PE ratio of 19.25 and a beta of 0.44. C.H. Robinson Worldwide has a 12 month low of $63.41 and a 12 month high of $81.16. The firm’s 50-day moving average price is $67.19 and its 200-day moving average price is $72.50.
C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings data on Wednesday, July 19th. The transportation company reported $0.78 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.90 by $0.12. The company had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.63 billion. C.H. Robinson Worldwide had a return on equity of 37.41% and a net margin of 3.49%. The business’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.00 earnings per share. Analysts anticipate that C.H. Robinson Worldwide will post $3.31 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 1st will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date is Wednesday, August 30th. C.H. Robinson Worldwide’s dividend payout ratio is presently 52.94%.
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About C.H. Robinson Worldwide
C.H. Robinson Worldwide, Inc is a provider of transportation services and logistics solutions through a network of offices operating in North America, Europe, Asia, Australia, New Zealand and South America. The Company’s segments include North American Surface Transportation (NAST), Global Forwarding, Robinson Fresh, and All Other and Corporate.
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