Saturday, October 24, 2020

C.H. Robinson Worldwide Inc. [CHRW] Stock trading around $101.17 per share: What’s Next?

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C.H. Robinson Worldwide Inc. [NASDAQ: CHRW] traded at a low on 09/23/20, posting a -1.36 loss after which it closed the day’ session at $101.17.

The results of the trading session contributed to over 1421769 shares changing hands. Over the past one week, the price volatility of C.H. Robinson Worldwide Inc. stands at 2.23% while the volatility over the past one month is 2.13%.

The market cap for CHRW stock reached $13.70 billion, with 135.01 million shares outstanding and 133.68 million shares in the current float. Compared to the average trading volume of 1.54M shares, CHRW reached a trading volume of 1421769 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about C.H. Robinson Worldwide Inc. [CHRW]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CHRW shares is $92.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CHRW stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Robert W. Baird have made an estimate for C.H. Robinson Worldwide Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 17, 2020. While these analysts kept the previous recommendation, Stifel raised their target price from $79 to $94. The new note on the price target was released on July 30, 2020, representing the official price target for C.H. Robinson Worldwide Inc. stock. Previously, the target price had yet another raise to $96, while Loop Capital analysts kept a Hold rating on CHRW stock.

The Average True Range (ATR) for C.H. Robinson Worldwide Inc. is set at 2.19, with the Price to Sales ratio for CHRW stock in the period of the last 12 months amounting to 0.91. The Price to Book ratio for the last quarter was 8.02, with the Price to Cash per share for the same quarter was set at 2.68. Price to Free Cash Flow for CHRW in the course of the last twelve months was 23.72 with Quick ratio for the last quarter at 1.60.

How has CHRW stock performed recently?

C.H. Robinson Worldwide Inc. [CHRW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.24. With this latest performance, CHRW shares gained by 4.32% in over the last four-week period, additionally plugging by 62.42% over the last 6 months – not to mention a rise of 21.63% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CHRW stock in for the last two-week period is set at 59.25, with the RSI for the last a single of trading hit 53.95, and the three-weeks RSI is set at 61.11 for C.H. Robinson Worldwide Inc. [CHRW]. The present Moving Average for the last 50 days of trading for this stock 95.34, while it was recorded at 102.48 for the last single week of trading, and 79.70 for the last 200 days.

C.H. Robinson Worldwide Inc. [CHRW]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and C.H. Robinson Worldwide Inc. [CHRW] shares currently have an operating margin of +5.16 and a Gross Margin at +8.41. C.H. Robinson Worldwide Inc.’s Net Margin is presently recorded at +3.77.

Return on Total Capital for CHRW is now 25.61, given the latest momentum, and Return on Invested Capital for the company is 19.36. Return on Equity for this stock inclined to 35.33, with Return on Assets sitting at 12.72. When it comes to the capital structure of this company, C.H. Robinson Worldwide Inc. [CHRW] has a Total Debt to Total Equity ratio set at 93.14. Additionally, CHRW Total Debt to Total Capital is recorded at 48.22, with Total Debt to Total Assets ending up at 33.53. Long-Term Debt to Equity for the company is recorded at 80.92, with the Long-Term Debt to Total Capital now at 41.90.

Reflecting on the efficiency of the workforce at the company, C.H. Robinson Worldwide Inc. [CHRW] managed to generate an average of $37,400 per employee. Receivables Turnover for the company is 6.91 with a Total Asset Turnover recorded at a value of 3.38.C.H. Robinson Worldwide Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.60.

Earnings analysis for C.H. Robinson Worldwide Inc. [CHRW]

With the latest financial reports released by the company, C.H. Robinson Worldwide Inc. posted 1.07/share EPS, while the average EPS was predicted by analysts to be reported at 1.14/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -6.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CHRW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for C.H. Robinson Worldwide Inc. go to 3.79%.

Insider trade positions for C.H. Robinson Worldwide Inc. [CHRW]

There are presently around $12,979 million, or 97.50% of CHRW stock, in the hands of institutional investors. The top three institutional holders of CHRW stocks are: VANGUARD GROUP INC with ownership of 17,300,733, which is approximately -3.573% of the company’s market cap and around 0.60% of the total institutional ownership; BLACKROCK INC., holding 15,895,610 shares of the stock with an approximate value of $1.61 billion in CHRW stocks shares; and FIRST EAGLE INVESTMENT MANAGEMENT, LLC, currently with $1.1 billion in CHRW stock with ownership of nearly 1.173% of the company’s market capitalization.

287 institutional holders increased their position in C.H. Robinson Worldwide Inc. [NASDAQ:CHRW] by around 18,062,877 shares. Additionally, 263 investors decreased positions by around 11,231,829 shares, while 72 investors held positions by with 98,990,368 shares. The mentioned changes placed institutional holdings at 128,285,074 shares, according to the latest SEC report filing. CHRW stock had 78 new institutional investments in for a total of 1,339,956 shares, while 69 institutional investors sold positions of 1,861,105 shares during the same period.

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