The stock of C.H. Robinson Worldwide, Inc. (CHRW) has gone up by 12.32% for the week, with a 11.02% rise in the past month and a 9.92% rise in the past quarter. The volatility ratio for the week is 3.63%, and the volatility levels for the past 30 days are 2.74% for CHRW. The simple moving average for the past 20 days is 11.75% for CHRW’s stock, with a -2.05% simple moving average for the past 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 price-to-earnings ratio of 31.97x that is above its average ratio. Additionally, the 36-month beta value for CHRW is 0.78. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 15 rating it as “hold,” and 3 rating it as “sell.”
The public float for CHRW is 115.61M and currently, short sellers hold a 7.94% ratio of that float. The average trading volume of CHRW on May 09, 2024 was 1.72M shares.
CHRW) stock’s latest price update
The stock of C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) has increased by 1.81 when compared to last closing price of 79.53.Despite this, the company has seen a gain of 12.32% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-08 that GTN, LXFR and CHRW made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 8, 2024.
Analysts’ Opinion of CHRW
Many brokerage firms have already submitted their reports for CHRW stocks, with TD Cowen repeating the rating for CHRW by listing it as a “Hold.” The predicted price for CHRW in the upcoming period, according to TD Cowen is $86 based on the research report published on May 02, 2024 of the current year 2024.
Barclays gave a rating of “Underweight” to CHRW, setting the target price at $65 in the report published on April 01st of the current year.
CHRW Trading at 10.88% 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 -22.58% of loss for the given period.
Volatility was left at 2.74%, however, over the last 30 days, the volatility rate increased by 3.63%, as shares surge +12.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.09% upper at present.
During the last 5 trading sessions, CHRW rose by +12.32%, which changed the moving average for the period of 200-days by -17.33% in comparison to the 20-day moving average, which settled at $72.91. In addition, C.H. Robinson Worldwide, Inc. saw -6.27% 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 0.15. Equity return is now at value 21.57, with 5.48 for asset returns.
Based on C.H. Robinson Worldwide, Inc. (CHRW), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 1.24. The interest coverage ratio of the stock is 11.17.
Currently, EBITDA for the company is 651.63 million with net debt to EBITDA at 3.34. When we switch over and look at the enterprise to sales, we see a ratio of 0.66. The receivables turnover for the company is 6.15for trailing twelve months and the total asset turnover is 3.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.37.
Conclusion
In conclusion, C.H. Robinson Worldwide, Inc. (CHRW) has seen mixed 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.
