The stock of C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) has decreased by -1.67 when compared to last closing price of 83.25.Despite this, the company has seen a gain of 2.17% in its stock price over the last five trading days. Zacks Investment Research reported 2023-11-07 that Investors interested in stocks from the Transportation – Services sector have probably already heard of ZTO Express (Cayman) Inc. (ZTO) and C.H. Robinson Worldwide (CHRW).
Is It Worth Investing in C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) Right Now?
C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) has a price-to-earnings ratio of 25.16x that is above its average ratio. Additionally, the 36-month beta value for CHRW is 0.77. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 16 rating it as “hold,” and 5 rating it as “sell.”
The average price predicted by analysts for CHRW is $87.06, which is $5.2 above the current price. The public float for CHRW is 115.12M and currently, short sellers hold a 9.13% ratio of that float. The average trading volume of CHRW on November 17, 2023 was 1.03M shares.
CHRW’s Market Performance
CHRW stock saw a decrease of 2.17% in the past week, with a monthly decline of -2.29% and a quarterly a decrease of -13.82%. The volatility ratio for the week is 2.62%, and the volatility levels for the last 30 days are 2.50% for C.H. Robinson Worldwide, Inc. (CHRW). The simple moving average for the past 20 days is -0.19% for CHRW’s stock, with a -13.08% simple moving average for the past 200 days.
Analysts’ Opinion of CHRW
Many brokerage firms have already submitted their reports for CHRW stocks, with Susquehanna repeating the rating for CHRW by listing it as a “Negative.” The predicted price for CHRW in the upcoming period, according to Susquehanna is $77 based on the research report published on August 31, 2023 of the current year 2023.
CHRW Trading at -3.25% from the 50-Day Moving Average
After a stumble in the market that brought CHRW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.24% of loss for the given period.
Volatility was left at 2.50%, however, over the last 30 days, the volatility rate increased by 2.62%, as shares sank -1.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.02% lower at present.
During the last 5 trading sessions, CHRW rose by +2.17%, which changed the moving average for the period of 200-days by -19.84% in comparison to the 20-day moving average, which settled at $81.95. In addition, C.H. Robinson Worldwide, Inc. saw -10.59% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at CHRW starting from Bozeman David P, who purchase 1,807 shares at the price of $82.91 back on Nov 14. After this action, Bozeman David P now owns 144,391 shares of C.H. Robinson Worldwide, Inc., valued at $149,818 using the latest closing price.
Short Michael John, the President, Global Forwarding of C.H. Robinson Worldwide, Inc., sale 16,155 shares at $104.56 during a trade that took place back on May 04, which means that Short Michael John is holding 75,937 shares at $1,689,091 based on the most recent closing price.
Stock Fundamentals for CHRW
Current profitability levels for the company are sitting at:
- +5.13 for the present operating margin
- +7.57 for the gross margin
The net margin for C.H. Robinson Worldwide, Inc. stands at +3.81. The total capital return value is set at 31.82, while invested capital returns managed to touch 30.12. Equity return is now at value 25.33, with 6.45 for asset returns.
Based on C.H. Robinson Worldwide, Inc. (CHRW), the company’s capital structure generated 174.46 points at debt to equity in total, while total debt to capital is 63.56. Total debt to assets is 39.65, with long-term debt to equity ratio resting at 91.16. Finally, the long-term debt to capital ratio is 33.21.
When we switch over and look at the enterprise to sales, we see a ratio of 0.64, with the company’s debt to enterprise value settled at 0.17. The receivables turnover for the company is 6.44 and the total asset turnover is 3.80. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
In conclusion, C.H. Robinson Worldwide, Inc. (CHRW) has seen bad performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.