The stock has been given a rating of “Hold” by all twenty-eight analysts who follow C.H. Robinson Worldwide, INC (NASDAQ: CHRW), which is the opinion that has been reached by the majority of market participants, as reported by Bloomberg Ratings. Seven analysts have issued a recommendation to sell the stock, fifteen analysts have issued a recommendation to hold the stock, and three analysts have issued a recommendation to buy the stock.
The average price estimate for one year that brokers who updated their stock coverage in the previous year have assigned to the stock is $97.92.
This indicates that these brokers believe the stock will have a price of $97.92 in one year.
On February 23, 2019, Michael John Short, a business insider, sold 3,496 shares of the company’s stock.
Another piece of information about the company has been recently discovered.
The cost of purchasing all of the shares totaled $354,109.84, which works out to a price of $101.29 per share on average.
After the completion of the transaction, the company insider now possesses a total of 75,928 shares of the company, which have a combined value of $7,690,747.12.
If you follow the link, which will take you to a legal file submitted to the SEC, you can acquire additional information regarding the transaction. 1.64 company insiders own a percent of the total shares currently outstanding.
On CHRW, many research firms have contributed their points of view.
According to a study released on Friday, February 17, JPMorgan Chase & Co downgraded their rating on C.H. Robinson Global from “neutral” to “underweight” and set their price objective for the stock at $87.00.
Morgan Stanley made a report relating to C.H. Robinson Global available for public consumption on the second Thursday of February.
They suggested several research firms have contributed their points of view.
According to a study released on Friday, February 17, JPMorgan Chase & Co downgraded their rating on C.H. Robinson Global from “neutral” to “underweight” and set their price objective for the stock at $87.00.
Morgan Stanley made a report relating to C.H. Robinson Global available for public consumption on the second Thursday of February.
They suggested a “sell” price of $64.00 and established a price objective for the stock.
In a study made available to the public on Friday, February 3, Deutsche Bank Aktiengesellschaft announced they would decrease their price target for C.H. Robinson Worldwide from $107.00 to $100.00. Goldman Sachs Group lowered its price target for C.H. Robinson Worldwide from $102.00 to $93.00.
It downgraded the company from a “buy” rating to a “neutral” rating in a research report published on Tuesday, January 10.
The report was titled “C.H. Robinson Worldwide Price Target Reduction.” In addition, they moved C.H. Robinson Worldwide from a “buy” rating to a “neutral” rating on their stock analysis. UBS Group, which had previously maintained a “neutral” rating for the company, recommended “selling” shares of C.H. Robinson Worldwide in a research report published on January 4.
This recommendation came after UBS Group had previously maintained a “neutral” rating for the company.
Additionally, the price target for the company has been lowered, going from $90.00 to $81.00.
Recent months have seen several significant investors make adjustments to their holdings in CHRW. For instance, during the fourth quarter of 2018, Denali Advisors LLC increased the proportion of its holdings comprising C.H. Robinson Global.
The ownership of 400 shares held by the transportation company has recently been transferred to Denali Advisors LLC Denali Advisors LLC increased its holdings in the company during the most recent quarter by one hundred shares, bringing the total number of shares it owns to 400.
In the last three months of 2018, Phoenix Financial Advisors increased the proportion of C.H. Robinson Global stock owned by 4.6%.
Phoenix Financial Advisors increased its holdings in the transportation company’s stock by 106 shares during the most recent fiscal quarter, bringing the total number of shares it has acquired to 2,424, with a value of $222,000.00.
This brings the total number of shares the company has purchased to 2,424.
During the third quarter, the investment portfolio managed by Vision Capital Management INC increased its percentage of holdings in C.H. Robinson Global by 0.6%. Vision Capital Management INC now has 17,291 shares of the transportation company’s stock, currently valued at $1,665,000, following the acquisition of an additional 107 shares during the most recent quarter. Vision Capital Management, INC During the third quarter, Nisa Investment Advisors LLC increased the percentage of C.H. Robinson Global stock it owns by 0.8%. Nisa Investment Advisors LLC now has 15,397 shares of the transportation company’s stock, currently valued at $1,483,000, after purchasing an additional 115 shares during the most recent quarter.
Last but not least, First Republic Investment Management INC increased the amount of C.H. Robinson Worldwide stock owned by 0.8% during the first quarter.
This certainly should not be considered the least important development. First Republic Investment Management INC now has a total of 15,472 shares of the transportation company’s stock following the purchase of an additional 116 shares during the most recent quarter.
The stock is currently valued at $1,666,000.
Most of the company’s shares, or 96.01%, are owned by institutional investors and hedge funds.
When trading started on Thursday, one share of CHRW was valued at $97.60 per unit.
The company’s moving average prices for the past fifty days are $99.07, and the moving average prices for the past two hundred days are $98.68. C.H. Robinson Global has seen an all-time low of $86.60 in the past year, while the company has seen an all-time high of $121.23 in the past year.
The company has a price-to-earnings ratio of 13.37, a price-to-earnings-to-growth ratio of 3.06, and a beta value of 0.79; its market capitalization is currently valued at 11.37 billion dollars.
The company’s current ratio is 1.08, its quick ratio is also 1.08, and its debt to shareholders’ equity ratio is 0.68.
The latest quarterly earnings report for C.H. Robinson Worldwide traded under the NASDAQ: CHRW was released on February 1.
The transportation company’s earnings per share for the quarter came in at $1.03, $0.32 less than the consensus expectation of $1.35 from analysts working in the industry.
The company’s quarterly sales came in at $5.07 billion, a significant decrease from the $5.59 billion that industry experts anticipated as the amount the company would bring in during the period. C.H. Robinson Global had a return on equity of 54.06 percent, and the company’s net margin was 3.82%.
Both of these figures are percentages.
The company’s revenue dropped by 22.1% compared to the level it reached the year before.
The company posted earnings of $1.74 per share during the same period the year before when compared to the current year.
Analysts who work on the sell side anticipate that C.H. Robinson Worldwide will generate $4.57 per share earnings during the current fiscal year.