C.H. Robinson Worldwide, Inc. [NASDAQ: CHRW] loss -0.32% or -0.29 points to close at $89.05 with a heavy trading volume of 4425151 shares.
The daily chart for CHRW points out that the company has recorded 3.65% gains over the past six months.
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If we look at the average trading volume of 1.67M shares, CHRW reached to a volume of 4425151 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $86.83 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 2.85. 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.
BofA Securities have made an estimate for C.H. Robinson Worldwide, Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 22, 2024. The new note on the price target was released on July 09, 2024, representing the official price target for C.H. Robinson Worldwide, Inc. stock. Previously, the target price had yet another raise from $76 to $87, while JP Morgan kept a Neutral rating on CHRW stock. On June 25, 2024, analysts increased their price target for CHRW shares from 82 to 99.
The Average True Range (ATR) for C.H. Robinson Worldwide, Inc. is set at 1.98, with the Price to Sales ratio for CHRW stock in the period of the last 12 months amounting to 0.60. The Price to Book ratio for the last quarter was 7.29, with the Price to Cash per share for the same quarter was set at 1.04. Price to Free Cash Flow for CHRW in the course of the last twelve months was 25.01 with Quick ratio for the last quarter at 1.37.
Trading performance analysis for CHRW stock
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 -1.29. With this latest performance, CHRW shares gained by 2.58% in over the last four-week period, additionally plugging by 3.65% over the last 6 months – not to mention a drop of -11.11% 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 55.74, with the RSI for the last a single of trading hit 53.94, and the three-weeks RSI is set at 56.63 for C.H. Robinson Worldwide, Inc. [CHRW]. The present Moving Average for the last 50 days of trading for this stock 86.95, while it was recorded at 89.30 for the last single week of trading, and 81.23 for the last 200 days.
C.H. Robinson Worldwide, Inc. [CHRW]: A deeper dive into fundamental analysis
C.H. Robinson Worldwide, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.37 and a Current Ratio set at 1.37.
C.H. Robinson Worldwide, Inc. [CHRW]: An earnings per share (EPS) analysis
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 10.40%.
An analysis of Institutional ownership at C.H. Robinson Worldwide, Inc. [CHRW]
The top three institutional holders of CHRW stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in CHRW stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in CHRW stock with ownership which is approximately 5.1238%.
