At the last check on Thursday, C.H. Robinson Worldwide Inc.’s (NASDAQ:CHRW) stock was down -$3.01, moving down -3.18 percent to $91.62. The average number of shares traded per day over the past five days has been 689,813 shares. 4 times new highs have been achieved over the past 5 days, with a -$1.66 fall in that time frame. In the last twenty days, the average volume was 759,553, while in the previous 50 days, it was 866,125.
Since last month, CHRW stock retreated -5.97%. Shares of the company fell to $90.80 on 08/31/23, the lowest level in the past month. A 52-week high of $116.77 was reached on 02/02/23 after having rallying from a 52-week low of $86.60. Since the beginning of this year, CHRW’s stock price has risen by 0.07% or -$0.08, and marked a new high 11 times. However, the stock has declined by -21.54% since its 52-week high.
CHRW stock investors should be aware that C.H. Robinson Worldwide Inc. (CHRW) stock had its last reported insider trading activity 119 days ago on May 04. Short Michael John, the President, Global Forwarding of the company, disposed of 16,155 shares for $104.56 on May 04. It resulted in a $1,689,091 divestment by the insider. Freeman Angela K. sold 2,000 shares at an average price of $104.43 on May 04. The insider now owns 92,373 shares following the transaction. On May 01, Pres. of North America Trans. Pinkerton Mac S sold 7,624 shares at $101.57 apiece. The transaction was valued at $774,350.
Valuation Metrics
Right now, C.H. Robinson Worldwide Inc. (CHRW) has a P/E ratio of about 21.08. The stock’s beta is 0.79. Besides these, the trailing price-to-sales (P/S) ratio of 0.53, the price-to-book (PB) ratio of 7.82, and the price-to-cash flow ratio of 5.99 may also be considered.
The latest dividend of $0.61 per share was paid out, remained unchanged from last year’s $0.61.
Financial Health
In the three months ended June 29, C.H. Robinson Worldwide Inc.’s quick ratio stood at 1.10, while its current ratio was 1.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.66, and the total debt-to-equity ratio was 1.32. On the profitability front, the trailing twelve-month gross margin is 14.90% percent. In the year ended June 29, EBITDA margin amounted to 5.51%, whereas operating margins totaled 3.70%. Based on annual data, CHRW earned $3.59 billion in gross profit and brought in $24.7 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 30.30%. Return on equity (ROE) for the past 12 months was 36.80%.
In C.H. Robinson Worldwide Inc.’s quarter-end financial report for June 29, it reported total debt of $920.5 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. CHRW’s revenue fell -53.75% to $4.61 billion during the quarter, while net income inched up to $4.42 billion. While analysts expected C.H. Robinson Worldwide Inc. to report $0.91 quarterly earnings, the actual figure was $0.9 per share, beating the consensus estimate by -1.10%. During the quarter, the company generated $158.6 million in EBITDA. The liabilities of C.H. Robinson Worldwide Inc. were 4.02 billion at the end of its most recent quarter ended June 29, and its total debt was $2.1 billion. The value of shareholders’ equity is $116.43 million.
Technical Picture
This quick technical analysis looks at C.H. Robinson Worldwide Inc.’s (CHRW) price momentum. With a historical volatility rate of 20.95%, the RSI 9-day stood at 32.97% on 30 August.
With respect to its five-day moving average, the current C.H. Robinson Worldwide Inc. price is down by -1.78% percent or -$1.66. At present, CHRW shares trade -6.86% below its 20-day simple moving average and -3.85% percent below its 100-day simple moving average. However, the stock is currently trading approximately -2.08% below its SMA50 and -6.90% below its SMA200.
Stochastic coefficient K was 36.23% and Stochastic coefficient D was 30.39%, while ATR was 1.86. Given the Stochastic reading of 14.02% for the 14-day period, the RSI (14) reading has been calculated as 36.73%. As of today, the MACD Oscillator reading stands at 0.16, while the 14-day reading stands at -0.26.
Analyst Ratings
C.H. Robinson Worldwide Inc. downgraded its rating on C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) to a Negative in a note to investors on Aug-31-23. The analysts firm previously had a Neutral rating on the stock.C.H. Robinson Worldwide Inc. (CHRW) has been rated Hold by analysts. According to 8 brokerage firms, CHRW is a sell, and 17 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate C.H. Robinson Worldwide Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $92.00, the current consensus forecast for the stock is $62.00 – $120.00. Based on these forecasts, analysts predict C.H. Robinson Worldwide Inc. (CHRW) will achieve an average price target of $93.58.
