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 C.H. Robinson Worldwide, Inc. (CHRW) scaled a 52-week high of $109.24 in the trading session on Sept. 25, 2024, before closing a tad lower at $108.02. Let's delve deeper to find out the factors working in favor of C.H. Robinson stock. Why the Uptick in the CHRW Stock? CHRW has been making uninterrupted dividend payments for more than 25 years. Highlighting its pro-investor stance, C.H. Robinson'sboard of directors (on Aug. 8, 2024) approved a dividend hike of 1.6%, thereby raising its quarterly ca ...

C.H. Robinson Worldwide, Inc. (CHRW) has been benefiting from its consistent shareholder-friendly initiatives, cost-cutting measures and efforts to improve productivity and efficiency to mitigate high expenses and a weaker-than-expected demand scenario. The positive sentiment surrounding the CHRW stock is evident from the fact that the Zacks Consensus Estimate for the remaining quarters of 2024, as well as full-year 2024 earnings, has been revised upward in the past 90 days. The Zacks Consensus Estimate for ...

Having generous dividends, the improved earnings outlook for several transportation stocks has become attractive. Furthermore, these top transportation stocks have beta ratios under the preferred risk level of less than 1.0, suggesting they should be less volatile than the broader market. C.H. Robinson Worldwide (CHRW) Coveting a Zacks Rank #1 (Strong Buy) is third-party logistics operator C.H. Robinson Worldwide. Seeing steady top line growth with sales projections edging toward $18 billion, C.H. Robinson' ...

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 ...

Core Viewpoint - C.H. Robinson Worldwide (CHRW) has shown strong performance over the past year and is expected to maintain this momentum, making it a compelling investment opportunity at this time [1]. Performance Overview - CHRW's stock has gained 30.2% over the past six months, significantly outperforming the industry, which has seen a loss of 7.8% during the same period [2]. - The company currently holds a Zacks Rank of 1 (Strong Buy), indicating it offers one of the best investment opportunities [3]. Earnings Estimates - The Zacks Consensus Estimate for CHRW's third-quarter 2024 earnings has increased by 12.6% over the past 90 days, while the estimate for 2024 has risen by 11.3% [4]. - Earnings for third-quarter 2024 are expected to grow by 27.38% year over year, with projected growth rates of 22.42% and 12.37% for 2024 and 2025, respectively [6]. Earnings Surprise History - CHRW has a strong earnings surprise history, exceeding the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 7.33% [5]. Shareholder Initiatives - The company has been actively rewarding shareholders through dividends and share repurchases, which enhances investor confidence [7]. - Recently, CHRW's board approved a 1.6% increase in its quarterly cash dividend, raising it to 62 cents per share ($2.48 annualized), reflecting a commitment to returning value to shareholders [8]. Cost Management - A decrease in operating expenses has positively impacted CHRW's bottom line, with operating expenses down 1.7% year over year to $1.0 billion in the first half of 2024 [9].

Summary of C.H. Robinson Worldwide, Inc. (CHRW) Core Viewpoint - C.H. Robinson Worldwide, Inc. has increased its quarterly cash dividend by 1.6%, raising it to 62 cents per share, reflecting the company's commitment to enhancing shareholder returns and confidence in its business operations [1][5]. Dividend History and Shareholder Returns - CHRW has maintained uninterrupted dividend payments for over 25 years, showcasing its reliability in returning value to shareholders [2]. - In 2021, CHRW returned approximately $886 million to shareholders through dividends ($277 million) and share buybacks ($609 million). In 2022, the total returned was $1.744 billion, with $285.32 million in dividends and $1.459 billion in share repurchases. For 2023, the company returned $355.44 million, comprising $291.56 million in dividends and $63.88 million in share repurchases. In the first half of 2024, CHRW returned $167.1 million, including $147.3 million in cash dividends and $19.8 million through share repurchases [3]. Market Performance - Over the past six months, CHRW shares have gained 30.2%, significantly outperforming the industry, which experienced a loss of 7.8% [7]. Industry Context - Other companies in the transportation sector, such as Landstar System, Union Pacific Corporation, and Ryder System, have also announced dividend hikes, indicating a broader trend of rewarding shareholders within the industry [7][9][10].

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 ...

Core Concept - The Zacks Rank is a proprietary stock-rating model that helps investors build successful portfolios by utilizing earnings estimate revisions [2][4]. Group 1: Zacks Rank Methodology - The Zacks Rank is based on four main factors: Agreement, Magnitude, Upside, and Surprise, which assess analysts' earnings estimate revisions [2][3]. - Agreement measures the percentage of analysts revising estimates in the same direction, indicating potential stock performance [2]. - Magnitude reflects the size of changes in consensus estimates for current and next fiscal years, while Upside is the difference between the most accurate estimate and the consensus estimate [3]. - Surprise is based on a company's recent earnings per share surprises, with positive surprises indicating a higher likelihood of future outperformance [3]. Group 2: Institutional Investors - Institutional investors manage trillions of dollars and can significantly influence market movements due to their large transactions [5]. - They utilize valuation models focused on earnings estimates to determine fair value, which can lead to higher stock prices when estimates are raised [6][7]. - Retail investors can gain an advantage by acting on early signs of upward revisions before institutional investors build their positions [8]. Group 3: C.H. Robinson Worldwide (CHRW) - C.H. Robinson Worldwide is a third-party logistics company that provides freight transportation services and logistic solutions [10]. - The company has seen positive earnings estimate revisions, with eight analysts raising their estimates for fiscal 2024, resulting in a Zacks Consensus Estimate increase of $0.43 to $4.04 per share [11]. - Analysts project a 22.4% growth in earnings for the current fiscal year, with revenue expected to rise by 1.9% [11]. - C.H. Robinson's stock has gained 14% over the past four weeks, outperforming the S&P 500, which is down 6.7% [11]. - With a 1 (Strong Buy) ranking and strong market momentum, C.H. Robinson is positioned as a favorable investment opportunity [12].