C.H. Robinson Worldwide (NASDAQ:CHRW) Getting Somewhat Favorable News Coverage, Study Finds
News articles about C.H. Robinson Worldwide (NASDAQ:CHRW) have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. C.H. Robinson Worldwide earned a news impact score of 0.21 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 46.9810185918568 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- 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)
- Stock Review for Air Delivery & Freight Services Investors — C.H. Robinson Worldwide, FedEx, United Parcel Service, and XPO Logistics (prnewswire.com)
C.H. Robinson Worldwide (CHRW) opened at $91.71 on Wednesday. The firm has a market capitalization of $12,721.33, a PE ratio of 26.16, a PEG ratio of 2.35 and a beta of 0.43. C.H. Robinson Worldwide has a twelve month low of $63.41 and a twelve month high of $100.18. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.53.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 2nd will be issued a $0.46 dividend. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.01%. C.H. Robinson Worldwide’s dividend payout ratio is 51.54%.
Several equities analysts have recently commented on the stock. Edward Jones upgraded shares of C.H. Robinson Worldwide from a “hold” rating to a “buy” rating in a research report on Sunday. BidaskClub downgraded shares of C.H. Robinson Worldwide from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 7th. Zacks Investment Research downgraded shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating in a report on Tuesday, March 6th. Morgan Stanley upped their price objective on shares of C.H. Robinson Worldwide from $57.00 to $70.00 and gave the stock an “underweight” rating in a report on Friday, February 2nd. Finally, BMO Capital Markets upped their price target on shares of C.H. Robinson Worldwide from $87.00 to $96.00 and gave the company a “market perform” rating in a report on Thursday, February 1st. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $82.53.
In related news, insider Robert C. Biesterfeld, Jr. sold 7,047 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $93.97, for a total value of $662,206.59. Following the transaction, the insider now owns 14,323 shares in the company, valued at $1,345,932.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Chris Obrien sold 3,909 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $90.85, for a total value of $355,132.65. Following the completion of the transaction, the insider now owns 23,149 shares in the company, valued at approximately $2,103,086.65. The disclosure for this sale can be found here. Insiders sold 29,248 shares of company stock worth $2,704,578 in the last 90 days. 0.85% of the stock is currently owned by corporate 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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