News stories about C.H. Robinson Worldwide (NASDAQ:CHRW) have been trending somewhat positive on Wednesday, Accern reports. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. C.H. Robinson Worldwide earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave news articles about the transportation company an impact score of 47.0251843209377 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- World Fuel Services Corporation (INT) Ex-Dividend Date Scheduled for March 15, 2018 – Nasdaq (nasdaq.com)
- C.H. Robinson Worldwide Inc (CHRW) Expected to Announce Quarterly Sales of $3.79 Billion (americanbankingnews.com)
- $0.98 EPS Expected for C.H. Robinson Worldwide Inc (CHRW) This Quarter (americanbankingnews.com)
- C.H. Robinson Worldwide (CHRW) Upgraded to “Buy” at Edward Jones (americanbankingnews.com)
- C.H. Robinson Worldwide (CHRW) Cut to Buy at BidaskClub (americanbankingnews.com)
Shares of C.H. Robinson Worldwide (NASDAQ:CHRW) traded down $1.97 during midday trading on Wednesday, hitting $89.74. 946,782 shares of the stock traded hands, compared to its average volume of 1,608,050. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.26 and a quick ratio of 1.26. C.H. Robinson Worldwide has a one year low of $63.41 and a one year high of $100.18. The stock has a market cap of $12,721.33, a PE ratio of 25.13, a PEG ratio of 2.35 and a beta of 0.43.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 2nd will be paid a $0.46 dividend. The ex-dividend date is Thursday, March 1st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.05%. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 51.54%.
CHRW has been the subject of several research analyst reports. KeyCorp restated an “overweight” rating on shares of C.H. Robinson Worldwide in a research report on Wednesday, January 24th. Zacks Investment Research cut C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a research note on Friday, November 17th. Robert W. Baird reiterated a “hold” rating and issued a $95.00 price objective on shares of C.H. Robinson Worldwide in a research note on Wednesday, January 31st. Cleveland Research upgraded C.H. Robinson Worldwide from a “neutral” rating to a “buy” rating in a research note on Friday, January 26th. Finally, Morgan Stanley lifted their target price on C.H. Robinson Worldwide from $57.00 to $70.00 and gave the stock an “underweight” rating in a research report on Friday, February 2nd. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company. C.H. Robinson Worldwide presently has an average rating of “Hold” and an average price target of $82.53.
In other C.H. Robinson Worldwide news, insider Robert C. Biesterfeld, Jr. sold 7,047 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $93.97, for a total value of $662,206.59. Following the sale, the insider now owns 14,323 shares in the company, valued at $1,345,932.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John Wiehoff sold 13,946 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $92.08, for a total transaction of $1,284,147.68. The disclosure for this sale can be found here. In the last 90 days, insiders sold 29,248 shares of company stock worth $2,704,578. Company insiders own 0.85% of the company’s stock.
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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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