The stock of C.H. Robinson Worldwide, Inc. (CHRW) has seen a 0.92% increase in the past week, with a -3.19% drop in the past month, and a -17.36% decrease in the past quarter. The volatility ratio for the week is 2.13%, and the volatility levels for the past 30 days are at 2.28% for CHRW. The simple moving average for the last 20 days is 0.18% for CHRW stock, with a simple moving average of -14.72% for the last 200 days.
Is It Worth Investing in C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) Right Now?
C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) has a higher price-to-earnings ratio of 26.16x compared to its average ratio, The 36-month beta value for CHRW is at 0.75. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 15 as “hold,” and 3 as “sell.”
The public float for CHRW is 115.41M, and currently, shorts hold a 7.96% of that float. The average trading volume for CHRW on May 01, 2024 was 1.71M shares.
CHRW) stock’s latest price update
C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW)’s stock price has decreased by -0.98 compared to its previous closing price of 71.70. However, the company has seen a 0.92% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-30 that C.H. Robinson’s (CHRW) first-quarter 2024 revenues are expected to have been weighed down by the lower pricing in its ocean and truckload services.
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 -2.06% 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 -33.11% of loss for the given period.
Volatility was left at 2.28%, however, over the last 30 days, the volatility rate increased by 2.13%, as shares sank -1.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.73% lower at present.
During the last 5 trading sessions, CHRW rose by +0.92%, which changed the moving average for the period of 200-days by -25.73% in comparison to the 20-day moving average, which settled at $70.81. In addition, C.H. Robinson Worldwide, Inc. saw -17.81% 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 0.57. 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 conclusion, C.H. Robinson Worldwide, Inc. (CHRW) has had a bad performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others 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.
