Wall Street brokerages predict that C.H. Robinson Worldwide Inc (NASDAQ:CHRW) will post $0.98 earnings per share for the current fiscal quarter, Zacks reports. Seven analysts have provided estimates for C.H. Robinson Worldwide’s earnings, with the lowest EPS estimate coming in at $0.94 and the highest estimate coming in at $1.03. C.H. Robinson Worldwide posted earnings of $0.86 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 14%. The business is scheduled to issue its next earnings report on Tuesday, April 24th.
According to Zacks, analysts expect that C.H. Robinson Worldwide will report full-year earnings of $4.42 per share for the current financial year, with EPS estimates ranging from $4.13 to $4.70. For the next year, analysts forecast that the firm will post earnings of $4.86 per share, with EPS estimates ranging from $4.32 to $5.05. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that follow C.H. Robinson Worldwide.
C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Tuesday, January 30th. The transportation company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.14. C.H. Robinson Worldwide had a return on equity of 36.28% and a net margin of 3.40%. The company had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.69 billion.
In other C.H. Robinson Worldwide news, insider Chris Obrien sold 3,909 shares of C.H. Robinson Worldwide stock in a transaction on Monday, February 12th. The stock was sold at an average price of $90.85, for a total transaction of $355,132.65. Following the completion of the transaction, the insider now owns 23,149 shares in the company, valued at $2,103,086.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John Wiehoff sold 13,946 shares of C.H. Robinson Worldwide stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $92.08, for a total value of $1,284,147.68. The disclosure for this sale can be found here. Over the last three months, insiders sold 29,248 shares of company stock worth $2,704,578. Insiders own 0.85% of the company’s stock.
A number of large investors have recently made changes to their positions in CHRW. Wolverine Asset Management LLC purchased a new position in shares of C.H. Robinson Worldwide during the 4th quarter valued at about $138,000. Captrust Financial Advisors purchased a new position in shares of C.H. Robinson Worldwide during the 4th quarter valued at about $177,000. Independence Bank of Kentucky acquired a new stake in shares of C.H. Robinson Worldwide during the 4th quarter valued at about $186,000. Private Advisor Group LLC acquired a new stake in shares of C.H. Robinson Worldwide during the 4th quarter valued at about $204,000. Finally, Advisor Partners LLC acquired a new stake in shares of C.H. Robinson Worldwide during the 4th quarter valued at about $222,000. 93.81% of the stock is currently owned by institutional investors.
C.H. Robinson Worldwide (CHRW) traded up $2.14 during trading hours on Friday, hitting $91.74. 1,617,535 shares of the company’s stock traded hands, compared to its average volume of 1,230,625. C.H. Robinson Worldwide has a fifty-two week low of $63.41 and a fifty-two week high of $100.18. The firm has a market capitalization of $12,820.57, a P/E ratio of 25.70, a price-to-earnings-growth ratio of 2.37 and a beta of 0.43. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.53.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 2nd will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date of this dividend is Thursday, March 1st. C.H. Robinson Worldwide’s dividend payout ratio is presently 51.54%.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for C.H. Robinson Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C.H. Robinson Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.