C.H. Robinson Worldwide, Inc [NASDAQ: CHRW] traded at a high on Thursday, posting a 4.52 gain after which it closed the day’ session at $114.06.
The results of the trading session contributed to over 2392245 shares changing hands. Over the past one week, the price volatility of C.H. Robinson Worldwide, Inc stands at 3.47% while the volatility over the past one month is 2.30%.
The market cap for CHRW stock reached $13.48 billion, with 118.08 million shares outstanding and 117.40 million shares in the current float. Compared to the average trading volume of 1.30M shares, CHRW reached a trading volume of 2392245 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 $112.38 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 2.58. 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.
Wells Fargo have made an estimate for C.H. Robinson Worldwide, Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on December 09, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $110 to $127. The new note on the price target was released on November 12, 2024, representing the official price target for C.H. Robinson Worldwide, Inc stock. Previously, the target price had yet another raise from $103 to $113, while TD Cowen kept a Hold rating on CHRW stock.
The Average True Range (ATR) for C.H. Robinson Worldwide, Inc is set at 2.78, with the Price to Sales ratio for CHRW stock in the period of the last 12 months amounting to 0.76. The Price to Book ratio for the last quarter was 8.21, with the Price to Cash per share for the same quarter was set at 1.11. Price to Free Cash Flow for CHRW in the course of the last twelve months was 50.99 with Quick ratio for the last quarter at 1.49.
How has CHRW stock performed recently?
C.H. Robinson Worldwide, Inc [CHRW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.43. With this latest performance, CHRW shares gained by 4.56% in over the last four-week period, additionally plugging by 34.95% over the last 6 months – not to mention a rise of 36.44% 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 68.41, with the RSI for the last a single of trading hit 75.66, and the three-weeks RSI is set at 64.16 for C.H. Robinson Worldwide, Inc [CHRW]. The present Moving Average for the last 50 days of trading for this stock 108.00, while it was recorded at 109.19 for the last single week of trading, and 92.05 for the last 200 days.
C.H. Robinson Worldwide, Inc [CHRW]: Deeper insight into the fundamentals
C.H. Robinson Worldwide, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.49 and a Current Ratio set at 1.49.
Earnings analysis for C.H. Robinson Worldwide, Inc [CHRW]
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 16.60%.
Insider trade positions for C.H. Robinson Worldwide, Inc [CHRW]
There are presently around $95.19%, or 96.08%% of CHRW stock, in the hands of institutional investors. The top three institutional holders of CHRW stocks are: VANGUARD GROUP INC with ownership of 14.19 million shares, which is approximately 11.8893%. FIRST EAGLE INVESTMENT MANAGEMENT, LLC, holding 11.47 million shares of the stock with an approximate value of $$1.01 billion in CHRW stocks shares; and FIRST EAGLE INVESTMENT MANAGEMENT, LLC, currently with $$899.1 million in CHRW stock with ownership which is approximately 8.5493%.
