Caesars Entertainment misses Q2 earnings expectations, shares edge lower
Investing.com - Bernstein has reduced its price target on C.H. Robinson Worldwide (NASDAQ:CHRW) to $108.00 from $118.00 while maintaining a Market Perform rating ahead of the company’s second-quarter earnings report. According to InvestingPro data, the company currently trades at $102.71, with analysts’ targets ranging from $71 to $130, reflecting mixed sentiment in the market.
The transportation and logistics company, with a market capitalization of $12.19 billion, is scheduled to release its quarterly results on Wednesday, July 30, after market close. Bernstein’s analysis indicates its second-quarter earnings per share could come in approximately 3% above consensus estimates. InvestingPro analysis shows that 7 analysts have recently revised their earnings estimates downward for the upcoming period.
Despite this near-term positive outlook, Bernstein has lowered its fiscal 2026 estimates to 9% below consensus, citing concerns about freight market conditions. The firm expressed skepticism about C.H. Robinson’s ability to achieve 15% earnings growth next year given current market dynamics. The company’s current PEG ratio of 0.37 suggests attractive valuation relative to growth prospects, though weak gross profit margins of 7.9% remain a concern. Get more detailed insights and 10+ additional ProTips with InvestingPro.
Bernstein acknowledged the potential of C.H. Robinson’s automation initiatives and artificial intelligence applications to improve North American Surface Transportation (NAST) profit margins by reducing labor hours and optimizing rates. However, the firm remains cautious about how these technologies would perform in tighter market conditions.
The analysis also highlighted uncertainty about whether recent gross margin improvements in truck brokerage stem from technology advancements, strategic load selection, or simply favorable market conditions characterized by excess capacity in the truck market.
In other recent news, C.H. Robinson Worldwide has set a quarterly cash dividend of $0.62 per share, continuing its longstanding tradition of consistent dividend payments. The dividend will be paid on July 1, 2025, to shareholders recorded as of June 6, 2025. UBS has lowered its price target for C.H. Robinson to $129.00 from $130.00, citing weaker forwarding outlooks and adjusting its second-quarter earnings expectations to $1.15 per share, below the consensus estimate of $1.18. Meanwhile, Jefferies raised its price target to $100.00 from $95.00, maintaining a Hold rating and noting the stock’s current valuation as fully valued. Wolfe Research upgraded C.H. Robinson’s stock rating from Peerperform to Outperform, highlighting an attractive outlook for 2026 despite a decline in stock value year-to-date. Raymond (NSE:RYMD) James continues to support an Outperform rating with a $114.00 price target, emphasizing the company’s strategic focus and investment in artificial intelligence and machine learning technologies. Raymond James noted changes to the incentive structure, now focusing solely on earnings per share growth. These developments reflect C.H. Robinson’s ongoing strategic adjustments and market performance.
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