C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has received widespread attention, with its stock being traded by various entities including Sumitomo Mitsui Trust Group Inc and Triasima Portfolio Management Inc. The Q4 2024 earnings call indicated strong operational gains and an unexpected 369% growth in profits. Despite a five-year decline in earnings, the shareholders are still up 52% over that period. Positive sentiments are also resonant among Wall Street Analysts, who seem bullish about the stock. Loop Capital adjusted the price target from $109 to $104. C.H. Robinson declared a quarterly cash dividend, planning to issue a quarterly dividend of $0.62. Despite missing Q4 sales targets, the Q4 earnings were noted to beat estimates. The company has completed the sale of its European Surface Transportation Business and is planning to participate in the Stifel 2025 Transportation & Logistics Conference. Further, C.H. Robinson's robust Q4 2024 financial performance was noted, with cost controls lifting the freight transporter's earning
CH Robinson Worldwide CHRW News Analytics from Tue, 30 Jul 2024 07:00:00 GMT to Sat, 15 Feb 2025 20:49:12 GMT - Rating 8 - Innovation -6 - Information 8 - Rumor -4
