CHRW - Embedded Expectations Analysis - 2020 01 30
ï€ C.H. Robinson Worldwide, Inc. (CHRW:USA) currently trades below historical averages relative to UAFRS-based (Uniform) Earnings, with a 15.9x Uniform P/E. At these levels, the market has bearish expectations for the firm, but management is confident about their capital deployment strategy, margin growth, and progress in developing their NAST segmentï€ Specifically, management is confident they will continue to evaluate how to deploy capital to optimize long-term shareholder value and that they delivered margin expansion in their Global Forwarding, Robinson Fresh, Managed Services, and European Surface Transportation businesses. Moreover, they are confident that buy and sell rates have recovered to more normal levels and that on-time and full service is the #1 factor in driving purchasing decisions. In addition, management is confident they are in the process of evolving their NAST business model to leverage their scale, technology platform, and national reach
Robinson (C.H.) Worldwide is a third party logistics company. The company provides freight transportation services and logistics solutions to companies. The company's segments are: North American Surface Transportation, which provides freight transportation services across North America through a network of offices; and Global Forwarding, which provides global logistics services through an international network of offices and also contracts with independent agents; and All Other and Corporate, which includes Robinson Fresh? that provides sourcing services including the buying, selling, and marketing of fresh fruits, vegetables, and other perishable items, and managed services that provides Managed TMS?.
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