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].

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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 ...