C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) – Equities researchers at Avondale Partners issued their Q3 2016 earnings per share (EPS) estimates for shares of C.H. Robinson Worldwide in a note issued to investors on Friday. Avondale Partners analyst D. Broughton anticipates that the brokerage will earn $1.01 per share for the quarter.

Other analysts have also recently issued research reports about the stock. Stifel Nicolaus reissued a “buy” rating and issued a $81.00 price objective (up previously from $79.00) on shares of C.H. Robinson Worldwide in a research note on Sunday, September 4th. Barclays PLC cut shares of C.H. Robinson Worldwide from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $78.00 to $72.00 in a research report on Monday, September 12th. BMO Capital Markets reaffirmed a “hold” rating and set a $71.00 price target on shares of C.H. Robinson Worldwide in a research report on Thursday, July 28th. Raymond James Financial Inc. reaffirmed a “market perform” rating on shares of C.H. Robinson Worldwide in a research report on Monday, July 18th. Finally, Citigroup Inc. cut shares of C.H. Robinson Worldwide to a “market perform” rating in a research report on Monday, July 18th. They noted that the move was a valuation call. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $74.94.

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

C.H. Robinson Worldwide (NASDAQ:CHRW) opened at 70.46 on Monday. The company has a market cap of $10.06 billion, a PE ratio of 19.19 and a beta of 0.30. C.H. Robinson Worldwide has a one year low of $59.71 and a one year high of $76.10. The stock has a 50 day moving average price of $69.31 and a 200 day moving average price of $71.81.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings data on Tuesday, July 26th. The company reported $1.00 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.00. The company earned $3.30 billion during the quarter, compared to analysts’ expectations of $3.42 billion. C.H. Robinson Worldwide had a return on equity of 44.60% and a net margin of 4.06%. C.H. Robinson Worldwide’s revenue for the quarter was down 6.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.94 EPS.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Friday, September 2nd were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend was Wednesday, August 31st. C.H. Robinson Worldwide’s payout ratio is 46.87%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CHRW. Integrated Investment Consultants LLC increased its position in C.H. Robinson Worldwide by 176.2% in the second quarter. Integrated Investment Consultants LLC now owns 1,450 shares of the company’s stock worth $108,000 after buying an additional 925 shares in the last quarter. Van ECK Associates Corp increased its position in C.H. Robinson Worldwide by 34.2% in the second quarter. Van ECK Associates Corp now owns 1,699 shares of the company’s stock worth $126,000 after buying an additional 433 shares in the last quarter. Mizuho Asset Management Co. Ltd. increased its position in C.H. Robinson Worldwide by 76.0% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 1,765 shares of the company’s stock worth $131,000 after buying an additional 762 shares in the last quarter. Pacer Advisors Inc. increased its position in C.H. Robinson Worldwide by 7.2% in the second quarter. Pacer Advisors Inc. now owns 2,606 shares of the company’s stock worth $193,000 after buying an additional 176 shares in the last quarter. Finally, BB&T Securities LLC bought a new position in C.H. Robinson Worldwide during the second quarter worth $210,000. 82.44% of the stock is owned by hedge funds and other institutional investors.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc (C.H. Robinson) is a third-party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. C.H. Robinson has handled approximately 16.9 million shipments, and worked with over 110,000 active customers.

5 Day Chart for NASDAQ:CHRW

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