C.H. Robinson Worldwide (CHRW) Receives Daily Coverage Optimism Rating of 0.17
Media stories about C.H. Robinson Worldwide (NASDAQ:CHRW) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. C.H. Robinson Worldwide earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the transportation company an impact score of 46.4162156256187 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- CH Robinson Worldwide, Inc. (CHRW) – Momentum Stock to Focus – Wall Street Morning (wallstreetmorning.com)
- CH Robinson Worldwide Inc (CHRW) VMA Climbing Over Past 7 Bars – Financial News Review (finnewsreview.com)
- Traders Keeping CH Robinson Worldwide Inc (CHRW) on Close Watch As Shares Move – Financial News Review (finnewsreview.com)
- UPDATE: UBS Upgrades C.H. Robinson Worldwide (CHRW) to Neutral (streetinsider.com)
- Stock Market News For Sep 5, 2017 (finance.yahoo.com)
C.H. Robinson Worldwide (NASDAQ CHRW) opened at 72.77 on Thursday. The firm’s 50-day moving average is $67.50 and its 200-day moving average is $71.51. C.H. Robinson Worldwide has a 52-week low of $63.41 and a 52-week high of $81.16. The company has a market cap of $10.22 billion, a PE ratio of 21.34 and a beta of 0.41.
C.H. Robinson Worldwide (NASDAQ:CHRW) last issued its earnings results on Wednesday, July 19th. The transportation company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by $0.12. C.H. Robinson Worldwide had a return on equity of 37.41% and a net margin of 3.49%. The company had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.63 billion. During the same period last year, the business earned $1.00 earnings per share. The firm’s revenue was up 12.4% compared to the same quarter last year. On average, equities research analysts anticipate that C.H. Robinson Worldwide will post $3.29 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 1st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date is Wednesday, August 30th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 52.94%.
Several equities research analysts recently weighed in on CHRW shares. Deutsche Bank AG reduced their price target on shares of C.H. Robinson Worldwide from $75.00 to $60.00 and set a “hold” rating on the stock in a research report on Friday, July 21st. Zacks Investment Research cut shares of C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a research report on Tuesday, June 27th. BidaskClub upgraded shares of C.H. Robinson Worldwide from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 5th. Stephens upgraded shares of C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $73.00 to $90.00 in a research report on Wednesday, August 30th. Finally, Vertical Research upgraded shares of C.H. Robinson Worldwide from a “sell” rating to a “hold” rating and set a $76.00 price target on the stock in a research report on Monday, May 15th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $71.75.
In related news, VP Angela K. Freeman sold 1,200 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $68.72, for a total transaction of $82,464.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.85% of the stock is currently owned by company 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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