Citigroup initiated coverage on C.H. Robinson with a new price target
$CHRW
Oil Refining/Marketing
Consumer Discretionary
Citigroup initiated coverage of C.H. Robinson with a rating of Neutral and set a new price target of $115.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/31/2024 | $103.00 → $113.00 | Hold | TD Cowen |
| 10/9/2024 | $115.00 | Neutral | Citigroup |
| 10/4/2024 | $100.00 → $140.00 | Neutral → Buy | UBS |
| 8/1/2024 | $86.00 → $103.00 | Hold | TD Cowen |
| 8/1/2024 | $87.00 → $110.00 | Neutral → Overweight | JP Morgan |
| 7/22/2024 | $76.00 → $99.00 | Underperform → Buy | BofA Securities |
| 7/9/2024 | $102.00 | Sell → Buy | Vertical Research |
| 7/9/2024 | $76.00 → $87.00 | Underweight → Neutral | JP Morgan |
10-Q - C. H. ROBINSON WORLDWIDE, INC. (0001043277) (Filer)
8-K - C. H. ROBINSON WORLDWIDE, INC. (0001043277) (Filer)
8-K - C. H. ROBINSON WORLDWIDE, INC. (0001043277) (Filer)
With over 10,000 email transactions per day no longer done manually, new proprietary tech serves customers in seconds instead of hours By creating technology that reads incoming email then replicates tasks a person would do, global logistics company C.H. Robinson has automated steps across the entire lifecycle of a freight shipment: from giving customers a price quote, to accepting a load, to setting appointments for pickup and delivery, to checking on the load in transit. This new proprietary tech incorporates generative artificial intelligence to overcome the decades-old challenge of automating transactions that shippers still commonly choose to do by email. Shippers directly integrated
C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (NASDAQ:CHRW) today reported financial results for the quarter ended September 30, 2024. Third Quarter Highlights: Significant year-over-year increase in profitability, driven by strong execution, disciplined volume growth and improvement in gross profit, productivity and operating leverage Gross profits increased 15.5% to $723.8 million Income from operations increased 58.7% to $180.1 million Adjusted operating margin(1) increased 660 basis points to 24.5% Adjusted operating margin, excluding restructuring and loss on divestiture(1), increased 1,120 basis points to 32.9% Diluted earnings per share (EPS) increased 17.6% to $0.80
The global logistics company is helping thousands of customers expand their drop-trailer options Global logistics company C.H. Robinson, the fourth-largest drop trailer provider in North America, has already moved half a million drop trailer shipments this year on its way to record-setting volume. In an industry that has historically considered drop trailer the domain of asset carriers, the 3PL is celebrating its 25th year of offering the service. "We pride ourselves on growing with our customers' needs, and our growth in drop trailer is an absolute testament to that," said Michael Castagnetto, President of C.H. Robinson's North American Surface Transportation division. "Drop trailer has
TD Cowen reiterated coverage of C.H. Robinson with a rating of Hold and set a new price target of $113.00 from $103.00 previously
Citigroup initiated coverage of C.H. Robinson with a rating of Neutral and set a new price target of $115.00
UBS upgraded C.H. Robinson from Neutral to Buy and set a new price target of $140.00 from $100.00 previously
Ratings for C.H. Robinson Worldwide (NASDAQ:CHRW) were provided by 10 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 6 2 0 Last 30D 1 0 0 0 0 1M Ago 0 1 2 0 0 2M Ago 0 0 2 0 0 3M Ago 0 0 2 2 0 Analysts have recently evaluated C.H. Robinson Worldwide and provided 12-month price targets. The average target is $87.3, accompanied by a high estimate of $99.00 and a low estimate of $70.00. This
B of A Securities analyst Ken Hoexter upgrades C.H. Robinson Worldwide (NASDAQ:CHRW) from Underperform to Buy and raises the price target from $76 to $99.
Bank of America Corporation (NYSE:BAHTTPS, NYSE:BAC) shares rose on Tuesday after Piper Sandler upgraded the stock from Underweight to Neutral and raised its price target from $37 to $42. More On Analyst Ratings Changes: This Bank of America Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Tuesday What Else: Moreover, a potential rule change by the U.S. Federal Reserve concerning the GSIB surcharge could save major banks, billions in capital. This prospective reduction in capital requirements would enable banks to reinvest more capital into the economy through lending. Bank of America is set to release its second-quarter 2024 financial results on July 16. BAC Price Act
Highly Accomplished Finance Leader with Deep Experience in Lean and Continuous Improvement C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (NASDAQ:CHRW), a leading global logistics provider, today announced the appointment of Damon Lee as its new Chief Financial Officer, pursuant to the previously announced Chief Financial Officer transition. This strategic hire comes after a comprehensive search for a candidate with a proven track record of successfully leading transformations, recognized operational expertise and demonstrated leadership and strategic capabilities. Lee will commence employment with C.H. Robinson on July 8, 2024, and will assume the role of Chief Financial Officer the d
C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (NASDAQ:CHRW), a leading global logistics provider, today announced that the Board of Directors, upon recommendation of the Governance Committee, has nominated new directors, Michael McGarry and Paige Robbins, to stand for election to the Board at the company's 2024 annual meeting of stockholders. The company also announced that Scott Anderson and James Stake have each decided not to stand for re-election to the Board of Directors at the 2024 annual meeting and will retire from the Board. "A top priority for the Board is ensuring that we have the right composition of Board members to oversee execution of the Company's strategy and guide C.H.
Introduces Eight-Member Slate with Deep Experience in Governance, Finance, Legislative and Regulatory Affairs, Strategic Transformations, Transportation and the Railroad Sector Proposes Jim Barber, a Proven Transportation Network Leader and Former Executive at UPS, as CEO and Jamie Boychuk, a Career Railroader and Former Executive at CSX, as COO Introduces "Network of the Future" Strategy Offering Path to Significant Value Creation Releases Presentation Entitled "The Case for Leadership, Safety and Strategy Changes at Norfolk Southern" That is Downloadable at www.MoveNSCForward.com Ohio-based Ancora Holdings Group, LLC, its affiliates and the other participants in its solicitation (
4 - C. H. ROBINSON WORLDWIDE, INC. (0001043277) (Issuer)
4 - C. H. ROBINSON WORLDWIDE, INC. (0001043277) (Issuer)
4 - C. H. ROBINSON WORLDWIDE, INC. (0001043277) (Issuer)
4 - C. H. ROBINSON WORLDWIDE, INC. (0001043277) (Issuer)
SC 13G/A - C. H. ROBINSON WORLDWIDE, INC. (0001043277) (Subject)
SC 13G/A - C. H. ROBINSON WORLDWIDE, INC. (0001043277) (Subject)
SC 13G/A - C. H. ROBINSON WORLDWIDE, INC. (0001043277) (Subject)
C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (NASDAQ:CHRW) today reported financial results for the quarter ended September 30, 2024. Third Quarter Highlights: Significant year-over-year increase in profitability, driven by strong execution, disciplined volume growth and improvement in gross profit, productivity and operating leverage Gross profits increased 15.5% to $723.8 million Income from operations increased 58.7% to $180.1 million Adjusted operating margin(1) increased 660 basis points to 24.5% Adjusted operating margin, excluding restructuring and loss on divestiture(1), increased 1,120 basis points to 32.9% Diluted earnings per share (EPS) increased 17.6% to $0.80
C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (NASDAQ:CHRW), announced today that it will issue its third quarter 2024 results after the market closes on Wednesday, October 30, 2024. The company will hold a conference call from 5:00 pm - 6:00 pm Eastern Time on the same day to discuss the quarterly results and answer live questions from the investment community. Presentation slides and a simultaneous audio webcast of the conference call may be accessed at http://investor.chrobinson.com. To participate in the conference call by telephone, please call ten minutes early by dialing 877-269-7756. An audio replay will be available at http://investor.chrobinson.com. About C.H. Robinson C.H.
C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (NASDAQ:CHRW) announced that its Board of Directors today declared an increase to its regular quarterly cash dividend to 62 cents ($0.62) per share from 61 cents ($0.61) per share, payable on October 1, 2024, to shareholders of record on September 6, 2024. C.H. Robinson has distributed uninterrupted dividends that have increased annually on a per share basis for more than twenty-five years. As of August 7, 2024, there were approximately 117,630,781 shares outstanding. About C.H. Robinson C.H. Robinson is one of the original logistics leaders. Companies around the world look to us to reimagine supply chains, advance freight technology, an