The price-to-earnings ratio for C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) is above average at 33.31x, Company’s 36-month beta value is 0.81.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 115.63M, and currently, short sellers hold a 7.12% ratio of that floaft. The average trading volume of CHRW on May 23, 2024 was 1.73M shares.
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CHRW) stock’s latest price update
C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW)’s stock price has increased by 2.11 compared to its previous closing price of 82.60. However, the company has seen a 1.19% increase in its stock price over the last five trading sessions. zacks.com reported 2024-05-13 that C.H. Robinson Worldwide (CHRW) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CHRW broke through the 200-day moving average, which suggests a long-term bullish trend.
CHRW’s Market Performance
C.H. Robinson Worldwide, Inc. (CHRW) has seen a 1.19% rise in stock performance for the week, with a 19.89% gain in the past month and a 14.51% surge in the past quarter. The volatility ratio for the week is 2.37%, and the volatility levels for the past 30 days are at 2.66% for CHRW. The simple moving average for the last 20 days is 6.92% for CHRW stock, with a simple moving average of 2.99% for the last 200 days.
Analysts’ Opinion of CHRW
TD Cowen, on the other hand, stated in their research note that they expect to see CHRW reach a price target of $86, previously predicting the price at $79. The rating they have provided for CHRW stocks is “Hold” according to the report published on May 02nd, 2024.
CHRW Trading at 12.35% 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 -17.51% of loss for the given period.
Volatility was left at 2.66%, however, over the last 30 days, the volatility rate increased by 2.37%, as shares surge +18.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.44% upper at present.
During the last 5 trading sessions, CHRW rose by +1.19%, which changed the moving average for the period of 200-days by -15.66% in comparison to the 20-day moving average, which settled at $79.55. In addition, C.H. Robinson Worldwide, Inc. saw -2.37% 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 204 shares at the price of $82.32 back on May 10 ’24. After this action, WINSHIP HENRY WARD IV now owns 266,732 shares of C.H. Robinson Worldwide, Inc., valued at $16,764 using the latest closing price.
WINSHIP HENRY WARD IV, the Director of C.H. Robinson Worldwide, Inc., sale 0 shares at $82.26 during a trade that took place back on Nov 21 ’23, which means that WINSHIP HENRY WARD IV is holding 266,936 shares at $6 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 0.68. 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 a nutshell, C.H. Robinson Worldwide, Inc. (CHRW) has experienced a mixed performance in recent times. The stock has received mixed “sell” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
