C.H. Robinson Worldwide, Inc. (CHRW) continues to leave a strong impression on investors and market analysts with optimistic expectations for its Q4 2024 earnings release set for January 29, 2025. Valued at
reasonable P/E ratios, CHRW is enjoying marked attention as Nordea Investment Management AB increased its stake and Raymond James upgraded the stock to Outperform. Hedge funds are increasingly bullish about this logistics stock, enhancing its momentum. Notably, CHRW's EPS estimates are on the rise, prompting Bank of America to recommend buying. Insider Michael D. Castagnetto's sale of 2,032 shares and a US$2.2m stock sale by insiders raised some concerns but overall sentiment remains positive. CHRW has continually outperformed the Industrial Sector, and its ability to surprise with Q3 sales solidified its standing. In addition to declaring a
quarterly cash dividend, it extended its 25-year dividend growth streak with a $0.62 quarterly payout. Its new generation of logistics management solutions points towards an innovative approach. However, some analysts are concerned that CHRW might be overusing debt. The company also made headlines for agreeing to sell its European Surface Transportation Business to sennder Technologies GmbH.
CH Robinson Worldwide CHRW News Analytics from Fri, 22 Mar 2024 07:00:00 GMT to Fri, 10 Jan 2025 18:40:34 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -2
