For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. C.H. Robinson Worldwide (CHRW) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question. C.H. Robinson Worldwide is a member of our Transpor ...

Shares of Minnesota-based transportation heavyweight C.H. Robinson Worldwide (CHRW) have had a good time on the bourses of late, gaining 12.9% over the past 30 days, in contrast to its industry's 4.7% decline. CHRW also outperformed the S&P 500, of which it is a key member. Zacks Investment Research Image Source: One-Month Price Comparison In fact, CHRW touched its 52-week high of $105.41 on Aug 1, 2024. Currently, CHRW shares are trading at a 6.3% discount to its 52-week high. Technical indicators suggest ...

C.H. Robinson Worldwide (CHRW) performed well in the past year and has the potential to sustain the momentum in the future. If you have not taken advantage of its share price appreciation yet, it's time to do so. Let's take a look at the factors that make the stock a strong investment pick at the moment. An Outperformer: A glimpse at the company's price trend reveals that the stock has had an impressive run on the bourse in the past six months. Over the past six months, shares of CHRW have gained 30.2%, out ...

In a shareholder-friendly move, C.H. Robinson Worldwide, Inc.'s (CHRW) board of directors approved a dividend hike of 1.6%, thereby raising its quarterly cash dividend to 62 cents per share ($2.48 annualized) from 61 cents ($2.44 annualized). The raised dividend will be paid out on Oct 1, 2024, to shareholders of record at the close of business on Sep 6. The move reflects CHRW's intention to utilize free cash to enhance its shareholders' returns. Notably, CHRW has been making uninterrupted dividend payments ...

The Zacks Transportation-Services industry faces headwinds, ranging from inflation-induced elevated interest rates, weak freight rates and supply-chain disruptions. Despite the shortcomings, we believe that stocks like Expeditors International of Washington (EXPD) , C.H. Robinson Worldwide (CHRW) and Matson (MATX) should be on an investor's watchlist. About the Industry The companies housed in the Zacks Transportation-Services industry offer transporters logistics, leasing and maintenance services. Some ind ...

Whether you're a growth, value, income, or momentum-focused investor, building a successful investment portfolio takes skill, research, and a little bit of luck. But how do you find the right combination of stocks? Funding your retirement, your kids' college tuition, or your short- and long-term savings goals certainly requires significant returns. Enter the Zacks Rank. What is the Zacks Rank? The Zacks Rank is a unique, proprietary stock-rating model that utilizes earnings estimate revisions to help invest ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Kinross Gold Corporation (KGC) : This gold mining company has seen the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days. Mercury General Corporation (MCY) : This auto insurance company has seen the Zacks Consensus Estimate for its current year earnings increasing 16.3% over the last 60 days. GeneDx Holdings Corp. (WGS) : This genomic diagnostics company has seen the Zacks Consensus Estimate ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission File Number: 000-23189 C.H. ROBINSON WORLDWIDE, INC. (Exact name of registrant as specified in its charter) Delaware 41-1883630 (State or oth ...

I F E TI IT L AW TERE THE # F I T 11 Abstract Aerial Art In May 2024, I initiated coverage for C.H. Robinson Worldwide (NASDAQ:CHRW) with a sell rating. It doesn't happen often that I issue sell ratings, and it most definitely does not happen that the call is wrong. This time, however, I was wrong; CHRW stock took off, gaining 29% compared to a 5% gain for the S&P 500. In this report, I will be discussing the most recent earnings and evaluate my price target and rating for the stock. C.H. Robinson Worldwide ...

Shares of C.H. Robinson Worldwide, Inc. (CHRW) gained 8.95% in after-market trading on Jul 31, 2024. The upside was owing to the encouraging second-quarter 2024 results, wherein both earnings and revenues showed improvement on a year-over-year basis. Additionally, CHRW's earnings surpassed the Zacks Consensus Estimate. Quarterly earnings of $1.15 per share outpaced the Zacks Consensus Estimate of 95 cents and improved 27.7% year over year. Total revenues of $4.483 billion marginally missed the Zacks Consens ...