C.H. Robinson Worldwide (NASDAQ:CHRW – Get Free Report) announced its earnings results on Wednesday. The transportation company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.19, Briefing.com reports. C.H. Robinson Worldwide had a return on equity of 26.34% and a net margin of 1.74%. The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.53 billion. During the same period last year, the business posted $0.90 EPS. The company’s revenue was up 1.4% on a year-over-year basis.
C.H. Robinson Worldwide Price Performance
Shares of C.H. Robinson Worldwide stock traded up $13.16 during trading on Thursday, hitting $102.21. 4,117,408 shares of the company were exchanged, compared to its average volume of 1,666,728. C.H. Robinson Worldwide has a fifty-two week low of $65.00 and a fifty-two week high of $105.41. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.99. The firm has a 50 day moving average price of $87.47 and a 200 day moving average price of $80.18. The stock has a market capitalization of $11.97 billion, a price-to-earnings ratio of 40.40, a P/E/G ratio of 2.33 and a beta of 0.80.
C.H. Robinson Worldwide Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Friday, June 7th were given a $0.61 dividend. The ex-dividend date of this dividend was Friday, June 7th. This represents a $2.44 annualized dividend and a dividend yield of 2.39%. C.H. Robinson Worldwide’s dividend payout ratio is presently 96.44%.
Analysts Set New Price Targets
Read Our Latest Report on CHRW
About C.H. Robinson Worldwide
C.H. Robinson Worldwide, Inc, together with its subsidiaries, provides freight transportation services, and related logistics and supply chain services in the United States and internationally. It operates through two segments: North American Surface Transportation and Global Forwarding. The company offers transportation and logistics services, such as truckload, less than truckload transportation brokerage services, which include the shipment of single or multiple pallets of freight; intermodal transportation that comprises the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel operating common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services.
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