News stories about C.H. Robinson Worldwide (NASDAQ:CHRW) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. C.H. Robinson Worldwide earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the transportation company an impact score of 45.6706592773229 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- CH Robinson Gets A Double Upgrade From Bank Of America – Benzinga (benzinga.com)
- C.H. Robinson Worldwide, Inc. (CHRW) Upgraded to “Buy” by Bank of America Corporation (americanbankingnews.com)
- C.H. Robinson Worldwide Sees Unusually Large Options Volume (CHRW) (americanbankingnews.com)
- Reviewing C.H. Robinson Worldwide (CHRW) and Its Peers (americanbankingnews.com)
Shares of C.H. Robinson Worldwide (NASDAQ CHRW) opened at 76.70 on Thursday. The stock has a market cap of $10.77 billion, a PE ratio of 22.49 and a beta of 0.42. The company’s 50-day moving average price is $73.18 and its 200-day moving average price is $70.70. C.H. Robinson Worldwide has a one year low of $63.41 and a one year high of $81.16.
C.H. Robinson Worldwide (NASDAQ:CHRW) last released its earnings results on Wednesday, July 19th. The transportation company reported $0.78 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by ($0.12). The company had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.63 billion. C.H. Robinson Worldwide had a net margin of 3.49% and a return on equity of 37.41%. C.H. Robinson Worldwide’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.00 earnings per share. Equities research analysts anticipate that C.H. Robinson Worldwide will post $3.28 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 1st were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $1.80 annualized dividend and a yield of 2.35%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 52.94%.
Several research analysts have weighed in on CHRW shares. BidaskClub raised C.H. Robinson Worldwide from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 5th. Citigroup Inc. cut their price objective on C.H. Robinson Worldwide from $80.00 to $73.00 and set a “neutral” rating on the stock in a research report on Thursday, July 13th. Stifel Nicolaus cut their price objective on C.H. Robinson Worldwide from $71.00 to $67.00 and set a “hold” rating on the stock in a research report on Thursday, July 20th. Bank of America Corporation cut their price objective on C.H. Robinson Worldwide from $70.00 to $60.00 and set an “underperform” rating on the stock in a research report on Thursday, July 20th. Finally, Barclays PLC reaffirmed a “hold” rating and set a $67.00 price target (down previously from $73.00) on shares of C.H. Robinson Worldwide in a research report on Friday, July 21st. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. C.H. Robinson Worldwide currently has an average rating of “Hold” and a consensus target price of $74.53.
In related news, VP Angela K. Freeman sold 1,200 shares of C.H. Robinson Worldwide stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $68.72, for a total transaction of $82,464.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.85% of the stock is currently owned by insiders.
C.H. Robinson Worldwide Company Profile
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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