C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) has a price-to-earnings ratio that is above its average at 26.54x. The stock has a 36-month beta value of 0.75. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 2 as “overweight,” 15 as “hold,” and 3 as “sell.”
The public float for CHRW is 115.41M, and at present, short sellers hold a 9.32% of that float. On April 11, 2024, the average trading volume of CHRW was 1.63M shares.
CHRW) stock’s latest price update
C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW)’s stock price has plunge by -1.26relation to previous closing price of 72.93. Nevertheless, the company has seen a 0.33% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-10 that C.H.Robinson’s (CHRW) results have been impacted by weak freight demand and lower pricing. Moreover, the company’s investment in technology may affect its bottom line in the near term.
CHRW’s Market Performance
C.H. Robinson Worldwide, Inc. (CHRW) has experienced a 0.33% rise in stock performance for the past week, with a -3.99% drop in the past month, and a -16.87% drop in the past quarter. The volatility ratio for the week is 2.07%, and the volatility levels for the past 30 days are at 2.17% for CHRW. The simple moving average for the past 20 days is -2.25% for CHRW’s stock, with a -15.26% simple moving average for the past 200 days.
Analysts’ Opinion of CHRW
Many brokerage firms have already submitted their reports for CHRW stocks, with Barclays repeating the rating for CHRW by listing it as a “Underweight.” The predicted price for CHRW in the upcoming period, according to Barclays is $65 based on the research report published on April 01, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see CHRW reach a price target of $76. The rating they have provided for CHRW stocks is “Neutral” according to the report published on March 27th, 2024.
Susquehanna gave a rating of “Neutral” to CHRW, setting the target price at $80 in the report published on January 10th of the current year.
CHRW Trading at -2.98% 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 -32.16% of loss for the given period.
Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 2.07%, as shares sank -4.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.11% lower at present.
During the last 5 trading sessions, CHRW rose by +0.33%, which changed the moving average for the period of 200-days by -20.39% in comparison to the 20-day moving average, which settled at $73.48. In addition, C.H. Robinson Worldwide, Inc. saw -16.65% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CHRW starting from WINSHIP HENRY WARD IV, who sale 0 shares at the price of $82.26 back on Nov 21 ’23. After this action, WINSHIP HENRY WARD IV now owns 266,936 shares of C.H. Robinson Worldwide, Inc., valued at $6 using the latest closing price.
WINSHIP HENRY WARD IV, the Director of C.H. Robinson Worldwide, Inc., sale 7 shares at $82.25 during a trade that took place back on Nov 16 ’23, which means that WINSHIP HENRY WARD IV is holding 266,936 shares at $576 based on the most recent closing price.
Stock Fundamentals for CHRW
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.06 for the gross margin
The net margin for C.H. Robinson Worldwide, Inc. stands at 0.02. The total capital return value is set at 0.16. Equity return is now at value 23.46, with 5.82 for asset returns.
Based on C.H. Robinson Worldwide, Inc. (CHRW), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 1.17. The interest coverage ratio of the stock is 5.74.
Currently, EBITDA for the company is 651.63 million with net debt to EBITDA at 2.97. When we switch over and look at the enterprise to sales, we see a ratio of 0.58. The receivables turnover for the company is 6.84for trailing twelve months and the total asset turnover is 3.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.40.
Conclusion
To sum up, C.H. Robinson Worldwide, Inc. (CHRW) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” and others 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.
