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].

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 ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Sty ...

Core Insights - The earnings season reveals contrasting corporate outlooks compared to the uncertainty from the Federal Open Market Committee (FOMC) [1] - Consumer-facing companies are challenged to maintain pricing power while recovering lost volumes, indicating a shift in the strategy for revenue generation [1] Revenue and Volume Analysis - Coca-Cola reported a 9% increase in pricing and a 2% increase in unit case volume, demonstrating effective pricing strategies despite inflationary pressures [2] - Unilever experienced a significant deceleration in pricing from over 8% to 1% year-over-year, yet maintained strong bottom-line performance due to previous pricing strategies [6] - Sherwin-Williams managed to raise prices in response to increased input costs, and as those costs decreased, they maintained pricing while volumes began to recover [10] Margin Performance - Coca-Cola's operating margin improved to 21.3% from 20.1% year-over-year, driven by strong business performance and refranchising of bottling operations, despite currency headwinds and increased marketing investments [3][4] - Sherwin-Williams reported a gross margin of 48.8%, up 280 basis points from the previous year, indicating effective cost management and pricing strategies [7] Market Dynamics - The current earnings season highlights that corporate earnings may not align with broader economic concerns, suggesting that the stock market's performance can diverge from economic indicators [11] - Companies across various sectors, including those facing headwinds, are demonstrating resilience and adaptability in their earnings reports [9]

Strong cost control drives an earnings beat. Transportation logistics specialist C.H. Robinson Worldwide (CHRW 14.86%) used tight cost control to deliver an earnings beat. Investors are celebrating the success, sending shares of Robinson up 15% as of 10:30 a.m. ET. Executing through the cycle It is a difficult operating environment for transportation companies. Economic concerns have caused big shipping customers to cut back, softening demand for transport services. C.H. Robinson appears to be handling the ...

thitivong Summary Following my coverage on C.H. Robinson Worldwide (NASDAQ:CHRW) in Oct'23, which I recommended a sell rating as the business was facing a tough macro backdrop, this post is to provide an update on my thoughts on the business and stock. In just 6 months after my last post, the stock price fell to as low as $65 (near my share price target of ~$63). Fast forward to today, and while there are positive aspects of the business that are very encouraging (strong execution of internal initiatives to ...