C.H. Robinson Worldwide (CHRW) has garnered a mix response from brokerages, with an average rating of 'hold'. While some investors ponder over whether it's the right time to add CHRW to their watch list, the company's stocks have underperformed compared to competitors. Despite these fluctuations, CHRW is introducing innovative logistics management solutions and extending its dividend growth streak. Certain entities have enjoyed profit, selling off their shares, whilst others have increased their holdings.
CHRW has overperformed since the last earnings report and continues to be a top-ranked momentum stock. The company managed to exceed Q3 earnings and revenue estimates. However, returns on capital paint a concerning picture for investors. The firm carries high debt which alongside lower than expected revenues, raises concerns. Nonetheless, it has outpaced other transportation stocks in the year so far.
CHRW's share prices are surging, despite a decline in earnings over the past five years. It has agreed to sell its European Surface Transportation business to Sennder Technologies. The company's quarterly dividend has been increased and is expected to beat estimates again for its next earnings report.
"",CH Robinson Worldwide CHRW News Analytics from Fri, 22 Mar 2024 07:00:00 GMT to Sat, 30 Nov 2024 09:18:29 GMT - Rating 0 - Innovation 3 - Information 6 - Rumor -2
