Media stories about C.H. Robinson Worldwide (NASDAQ:CHRW) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. C.H. Robinson Worldwide earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 46.7888594417962 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s rankings:
- CH Robinson Worldwide, Inc. (CHRW) to attain earnings growth of -2.90% for this year – Wallstreet Investorplace (wallstreetinvestorplace.com)
- C.H. Robinson Worldwide Inc (CHRW) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- CH Robinson Worldwide, Inc. (CHRW) stock trades 14.70% above oppose to SMA-200 – The Stocks News (press release) (thestocksnews.com)
- Keep Your Active Eyes on CH Robinson Worldwide, Inc. (CHRW) – Wall Street Morning (wallstreetmorning.com)
- Hot Stock in the Spotlight – CH Robinson Worldwide, Inc. (NASDAQ: CHRW) – The Investor Guide (wallstreetnews24.com)
CHRW has been the subject of several research reports. Citigroup raised C.H. Robinson Worldwide from a “neutral” rating to a “buy” rating in a report on Thursday, January 4th. Zacks Investment Research raised C.H. Robinson Worldwide from a “hold” rating to a “buy” rating and set a $99.00 price target for the company in a research report on Tuesday, December 26th. Cleveland Research raised C.H. Robinson Worldwide from a “neutral” rating to a “buy” rating in a research report on Friday, January 26th. BidaskClub cut C.H. Robinson Worldwide from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 18th. Finally, Edward Jones upgraded C.H. Robinson Worldwide from a “hold” rating to a “buy” rating in a research note on Sunday, March 11th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $82.53.
C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its earnings results on Tuesday, January 30th. The transportation company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.14. C.H. Robinson Worldwide had a net margin of 3.40% and a return on equity of 36.28%. The company had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.69 billion. analysts expect that C.H. Robinson Worldwide will post 4.47 earnings per share for the current fiscal year.
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 issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date is Thursday, March 1st. C.H. Robinson Worldwide’s dividend payout ratio is presently 51.54%.
In other news, insider Chris Obrien sold 3,909 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $90.85, for a total value of $355,132.65. Following the sale, the insider now directly owns 23,149 shares of the company’s stock, valued at approximately $2,103,086.65. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO John Wiehoff sold 13,946 shares of the company’s stock in a transaction dated 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. Insiders sold a total of 29,248 shares of company stock valued at $2,704,578 in the last three months. 0.85% of the stock is owned by company insiders.
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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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