C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW)’s stock price has gone decline by -1.62 in comparison to its previous close of 69.01, however, the company has experienced a -6.91% decrease in its stock price over the last five trading days. InvestorPlace reported 2024-04-15 that As the state of Maryland works to recover from the Baltimore bridge disaster, potential long-term financial consequences are becoming present. With each passing day, the gargantuan task of recovering and removing debris from the seafloor slows Baltimore’s local economy.
Is It Worth Investing in C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) Right Now?
The price-to-earnings ratio for C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) is above average at 25.02x, Company’s 36-month beta value is 0.76.Analysts have differing opinions on the stock, 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 currently, short sellers hold a 9.32% ratio of that floaft. The average trading volume of CHRW on April 17, 2024 was 1.62M shares.
CHRW’s Market Performance
CHRW stock saw a decrease of -6.91% in the past week, with a monthly decline of -8.18% and a quarterly a decrease of -20.88%. The volatility ratio for the week is 2.38%, and the volatility levels for the last 30 days are 2.17% for C.H. Robinson Worldwide, Inc. (CHRW). The simple moving average for the last 20 days is -6.82% for CHRW’s stock, with a simple moving average of -19.69% for the last 200 days.
Analysts’ Opinion of CHRW
Barclays, on the other hand, stated in their research note that they expect to see CHRW reach a price target of $65, previously predicting the price at $80. The rating they have provided for CHRW stocks is “Underweight” according to the report published on April 01st, 2024.
Exane BNP Paribas gave a rating of “Neutral” to CHRW, setting the target price at $76 in the report published on March 27th of the current year.
CHRW Trading at -7.39% 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 -36.04% of loss for the given period.
Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 2.38%, as shares sank -7.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.42% lower at present.
During the last 5 trading sessions, CHRW fell by -6.91%, which changed the moving average for the period of 200-days by -27.99% in comparison to the 20-day moving average, which settled at $72.58. In addition, C.H. Robinson Worldwide, Inc. saw -21.41% 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 0.55. 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
In a nutshell, C.H. Robinson Worldwide, Inc. (CHRW) has experienced a bad performance in recent times. The stock has received mixed “sell” and “hold” ratings from analysts. 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.
