C.H. Robinson Worldwide, Inc.


SKU: CHRW-1 Category:


C.H. Robinson had a disappointing result in Q1 and it failed to meet the revenue expectations and earnings expectations of analysts. The management is working towards enhancing the automation of in-transit tracking and appointment-related duties. They believe that an increased digitization and automation are critical components of providing an improved client experience and operating leverage. The balance between supply and demand has changed from being tight a year ago to being oversupplied as a result of shippers continuing to manage through high stockpiles amid decreasing economic growth. Contract rates are also falling as transport companies adapt to the shifting market. During this transition, C.H. Robinson has increased its focus on providing a better customer and carrier experience as well as a more efficient business model. Their NAST truckload volume fell 3.5% year on year in the first quarter. In Q1, the average daily volume was lower in March than in January and February, resulting in a 1% sequential fall. The AGP per truckload cargo fell 19% compared to Q1 last year, owing principally to a drop in its transactional or spot market truckload AGP per shipment. Market conditions in its Global Forwarding sector were also soft, owing to weak demand, excess capacity, and the lengthy shutdowns associated with the Lunar New Year break. We give C.H. Robinson a ‘Hold’ rating with a revised target price.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

Want unlimited access to our reports? Purchase our $99 annual subscription!