CHRW Intrinsic Stock Value – C.H. Robinson Worldwide to Appoint Permanent CEO in 2023 Following Bob Biesterfeld’s Resignation.

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On December 31, 2022, Bob Biesterfeld will be stepping down from his position as CEO of C.H. ($NASDAQ:CHRW) Robinson Worldwide (CHRW). Following this resignation, CHRW has announced that it is committed to appointing a permanent CEO by early 2023. The search for the new CEO is currently underway, and the Board of Directors at CHRW are considering both internal and external candidates. The new CEO will be responsible for managing the company’s global operations, driving its growth strategy, and leading its efforts to provide customers with an enhanced level of service.

CHRW has stated that its decision to appoint a permanent CEO is essential for ensuring continuity of leadership and for continuing to provide customers with the quality of service they have come to expect. The Board has expressed confidence that the appointment of a new CEO will help to position the company for future growth and continued success.

Stock Price

This news came as a shock to investors and the company’s stock opened at $101.2 and closed at $101.3, down by 1.0% from its previous closing price of 102.3. To fill the void left by Biesterfeld’s departure, CHRW has begun the search for a permanent CEO to take his place. The company is confident that it can find a suitable candidate to replace the outgoing executive and ensure that the company continues to grow and succeed in the future.

The company remains optimistic about its future prospects and expects to see continued success under new leadership. Investors are looking forward to a smooth transition and are confident that CHRW will remain a leader in the transportation and logistics industry. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for CHRW. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for CHRW. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for CHRW. More…

Key Ratios Snapshot

Some of the financial key ratios for CHRW are shown below. More…

Analysis – CHRW Intrinsic Stock Value

At GoodWhale, we’ve conducted an analysis of C.H. ROBINSON WORLDWIDE’s financials. According to our proprietary Valuation Line, the intrinsic value of C.H. ROBINSON WORLDWIDE share is around $128.0. This means that currently C.H. ROBINSON WORLDWIDE stock is traded at $101.3, undervalued by 20.9%. This could potentially be an attractive investment opportunity for investors who are looking to maximize their returns. More…

Peers

The company’s competitors are FedEx Corp, Expeditors International of Washington Inc, and United Parcel Service Inc.

– FedEx Corp ($NYSE:FDX)

FedEx is a transportation and logistics company that delivers packages and freight around the world. The company has a market cap of $41.16 billion and a return on equity of 13.35%. FedEx is a global leader in transportation and logistics, and its services are relied on by businesses and consumers alike. The company has a strong track record of growth and profitability, and its shares are widely held by institutional investors.

– Expeditors International of Washington Inc ($NASDAQ:EXPD)

Expeditors International of Washington, Inc. is a global logistics company headquartered in Seattle, Washington. The company employs over 16,000 people in 375 locations across six continents. Expeditors provides integrated logistics solutions, including air and ocean freight forwarding, customs brokerage, and transportation management.

In terms of market capitalization, Expeditors is one of the largest logistics companies in the world. As of 2021, the company had a market cap of $16.17 billion. Expeditors has a strong return on equity, with a ratio of 35.3% as of 2021. This indicates that the company is efficient in generating profits for shareholders.

Expeditors is a well-established company with a long history of success. Founded in 1979, the company has grown steadily and today is a leader in the global logistics industry. Expeditors is a publicly traded company, listed on the Nasdaq stock exchange under the ticker symbol EXPD.

– United Parcel Service Inc ($NYSE:UPS)

UPS is a publicly traded company with a market capitalization of $142.37 billion as of 2022. The company has a return on equity of 56.44%. UPS is in the business of providing transportation and logistics services worldwide. The company operates in three segments: UPS Air, UPS Ground, and UPS International.

Summary

C.H. Robinson Worldwide recently announced that Bob Biesterfeld will resign from his position as CEO in 2023 and will be replaced by a permanent CEO. This news has sparked some investor interest, as it could be seen as an opportunity to gain insight into the company’s long-term vision and plans for growth. Analysts expect that C.H. Robinson Worldwide will continue to focus on its cargo transportation and logistics services to increase market share in the industry. The company is also likely to maintain its focus on technology and innovation to stay competitive with other global providers. Investors should consider C.H. Robinson Worldwide’s financial health and its ability to remain profitable in the future.

Additionally, investors should remain informed on the company’s plans for acquisitions and other strategic initiatives. As the new permanent CEO approaches, investors should also keep an eye on how they are received by the public and how their outlook affects the share price of C.H. Robinson Worldwide.