C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) finished Friday with a subtraction of -$0.69 to close at $91.56, a downside of -0.75 percent. An average of 648,400 shares of common stock have been traded in the last five days. There was a fall of -$0.90 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 1,268,320 shares traded, while the 50-day average volume stands at 1,439,442.
CHRW stock has decreased by -8.64% in the last month. The company shares reached their 1-month lowest point of $90.48 on 12/30/22. With the stock rallying to its 52-week high on 08/25/22, shares of the company touched a low of $86.57 and a high of $121.23 in 52 weeks. It has reached a new high 10 times so far this year and lost -14.93% or -$16.07 in price. In spite of this, the price is down -24.47% from the 52-week high.
CHRW stock investors should be aware that C.H. Robinson Worldwide Inc. (CHRW) stock had its last reported insider trading activity 32 days ago on Nov 29. In this transaction, the insider spent $515,633. Chief Financial Officer, Zechmeister Michael Paul, disposed of 5,029 shares at a price of $114.25 on Sep 06. The insider now owns more than $574,563 worth of shares. Prior to that, Chief Commercial Officer OBRIEN CHRIS went on to Sale 30,495 shares at $114.45 each on Aug 31. An amount of $3,490,003 was transacted.
C.H. Robinson Worldwide Inc. (CHRW) has a trailing price-to-earnings (P/E) ratio of 11.11. The stock’s beta is 0.77. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.41, the price-to-book (PB) ratio at 6.82, and the price-to-cash flow ratio at 17.57.
The company has a payout ratio of 26.30%. The company’s most recent quarterly dividend payment was $0.61 a share, representing a up of 10.91% from $0.55 last year. Its latest increase dividend $0.06 reported on Thursday November 17 2022.
The quick ratio of C.H. Robinson Worldwide Inc. for the three months ended June 29 was 1.30, and the current ratio was 1.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.85 and a total debt to equity ratio of 1.37 for the quarter ending June 29. Its gross profit as reported stood at $3.15 billion compared to revenue of $23.1 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, C.H. Robinson Worldwide Inc.’s return on assets was 14.90%.
For the three-month period that ended June 29, C.H. Robinson Worldwide Inc. had $1.42 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $225.8 million in the quarter, while revenues of $348.19 million were shrunk -9.41%. The analyst consensus anticipated C.H. Robinson Worldwide Inc.’s latest quarter earnings to come in at $1.98 per share, but it turned out to be $2.67, a 34.80% surprise. For the quarter, EBITDA amounted to $310.58 million. Shareholders own equity worth $117.71 million.
From a technical analysis perspective, let’s take a brief look at C.H. Robinson Worldwide Inc. (CHRW) price momentum. RSI 9-day as of the close on 30 December was 36.72%, suggesting the stock is Neutral, with historical volatility in this time frame at 15.64%.
As of today, CHRW’s price is $92.23 -0.97% or -$0.90 from its 5-day moving average. CHRW is currently trading -7.30% lower than its 20-day SMA and -18.22% lower than its 100-day SMA. However, the stock’s current price level is -2.02% below the SMA50 and -10.26% below the SMA200.
The stochastic %K and %D were 9.73% and 13.61%, respectively, and the average true range (ATR) was 2.23. With the 14-day stochastic at 10.38% and the average true range at 2.36, the RSI (14) stands at 39.91%. The stock has reached -0.85 on the 9-day MACD Oscillator while the 14-day reading was at -1.98.
Exane BNP Paribas launched coverage on C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) in its analyst report released on November 30, 2022. The firm assigned the stock an Outperform rating. The consensus rating for C.H. Robinson Worldwide Inc. (CHRW) among analysts is Hold. According to current brokerage recommendations, 5 brokerage firms advise that investors sell CHRW, while 15 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 8 others rate it as a “buy”.
What is CHRW’s price target for the next 12 months?
Analysts predict a range of price targets between $66.00 and $128.00, with a median target of $97.50. Taking a look at these predictions, the average price target given by analysts for C.H. Robinson Worldwide Inc. (CHRW) stock is $98.17.