Read How Analysts Reacted To CH Robinson Worldwide's Q4 Results

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  • KeyBanc analyst Todd Fowler lowered CH Robinson Worldwide Inc's CHRW price target to $125 (an upside of 38%) from $135 and maintained an Overweight rating on the shares.
  • While gross profit margins lagged his expectations, the analyst continues to anticipate margin improvement throughout 2022 as contract rates reset.
  • Fowler is "encouraged" by net operating margin expansion commentary, implying faster adjusted gross profit growth, despite higher than expected operating expense guidance.
  • Related: CH Robinson Worldwide Stock Plunges After Q4 EPS Miss
  • Citi analyst Christian Wetherbee lowered the price target to $108 from $125 and kept a Buy rating on the shares.
  • There is no question that cost inflation is having a negative impact on the business, states Wetherbee.
  • Stifel analyst J. Bruce Chan upgraded C.H. Robinson Worldwide to Buy from Hold and raised the price target to $106 (an upside of 17%) from $102.
  • Morgan Stanley lowered the price target to $62 (a downside of 31%) from $65 and maintained an Underweight rating on the shares.
  • Yesterday, the company reported fourth quarter results, with EPS missing the consensus, while revenue exceeding estimates.
  • The company held $257.4 million in cash and equivalents as of December 31, 2021. Cash flow from operations decreased 81% to $95 million for FY21.
  • Price Action: CHRW shares are trading lower by 2.34% at $90.37 on the last check Thursday.
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CHRWC.H. Robinson Worldwide Inc
$91.141.42%

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