For its first fiscal quarter (ending March 31), C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) has reported a -20% decline in E.P.S. from $0.97 a year ago to $0.78 in the current quarter. However, this performance was $0.02 better than the consensus estimate of $0.76. E.P.S. were $2.55 for the latest four quarters through March 31 versus $6.30 for the same period a year ago — a decline of -60%.
Recent Price Action
C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) stock closed at $72.09 on 5/1/24 after an increase of 1.5%. Moreover, unusually high trading volume at 168% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 2.5% during the last week.
Current PriceTarget Research Rating
CHRW is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
C.H. Robinson Worldwide has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. C.H. Robinson Worldwide has a poor Appreciation Score of 18 and a very low Power Rating of 10, with the Lowest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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