|Bid||0.00 x 1200|
|Ask||0.00 x 900|
|Day's Range||84.79 - 86.06|
|52 Week Range||78.83 - 101.20|
|Beta (3Y Monthly)||0.77|
|PE Ratio (TTM)||19.07|
|Earnings Date||Jan 29, 2019|
|Forward Dividend & Yield||2.00 (2.34%)|
|1y Target Est||95.95|
Higher Freight Rates and Lower Taxes to Drive JBHT’s Q4 EPS ## Fourth-quarter expectations J.B. Hunt Transport Services (JBHT) is expected to report its fourth-quarter earnings results on January 17. The transport company has surpassed Wall Street’s consensus estimates in the trailing three quarters with an average positive surprise of 4.6%. It’s likely the company will continue its trend of reporting better-than-expected bottom-line results and witness strong double-digit quarterly earnings growth in the quarter. The company registered double-digit earnings growth in the preceding three quarters of 2018. For the fourth quarter, analysts expect adjusted EPS of $1.50 for JBHT, implying a YoY rise of over 72%. ## Factors to consider Analysts expect increased revenue, improved freight rates, and lower taxes to drive JBHT’s fourth-quarter earnings higher. Revenue for the quarter is likely to jump 16.1% YoY to $2.3 billion mainly driven by increased volumes and higher freight rates. In the past few quarters, the company has witnessed improved freight rates due to strong shipping demand. In the third quarter, JBHT reported a 12% YoY increase in its Intermodal segment’s revenue per load, while its Truck division registered a 19% YoY increase in rates per mile. Furthermore, the effective tax rate for the quarter is expected to come in at 25.3%, substantially down from the year-ago quarter’s rate of 37.6%. The reduction in tax rates is mainly due to the enactment of the Tax Cuts and Jobs Act last year. A lower tax rate is likely to aid the company’s fourth-quarter EPS as well as improve its free cash flows. However, analysts project increased driver wages, recruitment costs, and startup costs for new dedicated contracts to somewhat offset the bottom-line growth in the fourth quarter. ## Full-year expectations For 2018, analysts project EPS to increase 50.8% YoY to $5.40 on higher revenues and lower tax rates. Revenue for the year is anticipated to improve 19.6% YoY to $8.6 billion, while the effective tax rate is forecasted to come down to 24.3% from 35.4% in 2017. C.H. Robinson Worldwide (CHRW), Hub Group (HUBG), and XPO Logistics (XPO), JBHT’s top competitors (IYT), are anticipated to post YoY 2018 EPS growth of 37%, 56.7%, and 69.7%, respectively.
The freight business is constantly changing and it's hard to stay caught up, which is one of the main reasons to attend Transparency19. To that end, the event is geared to shake things up a bit for 2019 to allow attendees to soak in more of the hottest freight technology and innovation coming to market. FreightWaves Chief Marketing Officer Lisa McGinty says feedback from the widely attended Transparency18 and MarketWaves18 conferences led to some changes in the format of Transparency19, which takes place in Atlanta May 6-8.
# C.H. Robinson Worldwide Inc ### NASDAQ/NGS:CHRW View full report here! ## Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and increasing * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Neutral Short interest is moderate for CHRW with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on December 14. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding CHRW is favorable, with net inflows of $23.07 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Morgan Stanley and Stifel's price targets for asset-light brokerages C.H. Robinson and Echo Global Logistics are at odds over whether CHRW and ECHO are stocks worth buying. We've reported previously on ...
C.H. Robinson Worldwide, Inc. will hold its quarterly conference call to discuss fourth quarter 2018 results on Wednesday, January 30, 2019, at 8:30 a.m.
Andrew Clarke missed his flight out of New York a few weeks ago after two Ubers canceled on him. What for most people would be an extreme inconvenience was to Clarke a lesson in transportation and logistics business strategy. "Those [ride-sharing] companies don't take a position whether we make our flight," said Clarke, chief financial officer of C.H. Robinson Worldwide Inc. (NASDAQ: CHRW), and a Transparency2019 keynote speaker.
C.H. Robinson (CHRW) announced today that Mac Pinkerton has been named President of the North American Surface Transportation (“NAST”) division. Pinkerton will continue to report to Biesterfeld. “Mac has built an impressive track record of strategic and operational accomplishments for over two decades,” said Biesterfeld.
C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case Read More...
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
C.H. Robinson's (CHRW) shareholder-friendly initiatives are very encouraging. High operating expenses and debts, however, raise concerns.
C.H. Robinson Worldwide, Inc. announced that its Board of Directors today declared an increase to its regular quarterly cash dividend to 50 cents per share from 46 cents per share, payable on December 31, 2018, to shareholders of record on December 17, 2018.
C.H. Robinson (CHRW) benefits from strong freight demand and improved operational efficiency. The company's efforts to reward shareholders through dividends and repurchases are encouraging.
John Wiehoff has been the CEO of CH Robinson Worldwide Inc (NASDAQ:CHRW) since 2002. First, this article will compare CEO compensation with compensation at other large companies. After that, we Read More...
There are several ways to beat the market, and investing in small cap stocks has historically been one of them. We like to improve the odds of beating the market further by examining what famous hedge fund operators such as Carl Icahn and George Soros think. Those hedge fund operators make billions of dollars each […]
C.H. Robinson (CHRW) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Consistent fleet growth as well as increase in aircraft sales, trading and other revenues boosts Air Lease's (AL) Q3 results.
Higher passenger ticket revenues among other factors contribute to Norwegian Cruise Line's (NCLH) Q3 results. Simultaneously, the company raises its earnings view for the full year.