C.H. Robinson Worldwide Inc. [CHRW] stock is down -4.65 while the S&P 500 has risen 0.01% on Friday, 10/16/20. While at the time of this article, CHRW ATR is sitting at 2.46, with the beta value at 0.64. This stock’s volatility for the past week remained at 2.05%, while it was 2.22% for the past 30-day period. CHRW has fallen -$4.89 from the previous closing price of $105.12 on volume of 1.92 million shares.

On 7, October 2020, C.H. Robinson Third Quarter 2020 Earnings Conference Call. According to news published on Yahoo Finance, C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) will hold its quarterly conference call to discuss third quarter 2020 results on Wednesday, October 28, 2020, at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The results will be released via press release after market close on Tuesday, October 27, 2020. We invite call participants to submit questions in advance of the conference call, and we will respond to as many of the questions as we can in the time allowed. To submit your question(s) in advance of the call, please email chuck.ives@chrobinson.com.

Analyst Birdseye View:

The most recent analyst activity for C.H. Robinson Worldwide Inc. [NASDAQ:CHRW] stock was on August 17, 2020, when it was Downgrade with a Neutral rating from Robert W. Baird, which also raised its 12-month price target on the stock to $98. Before that, on September 24, 2020, Wells Fargo Recapitulated an Underweight rating and elevated its amount target to $92. On July 30, 2020, Stifel Downgrade a Hold rating and boosted its price target on this stock from $79 to $94. On July 30, 2020, Loop Capital Downgrade a Hold rating and increased its price target to $96. On July 07, 2020, Wolfe Research Downgrade an Underperform rating. On June 03, 2020, BofA/Merrill Upgrade a Neutral rating and boosted its amount target on this stock to $86. On April 30, 2020, Robert W. Baird Upgrade an Outperform rating and boosted its target amount on this stock from $80 to $85. Stephens elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $56.94 and a peak of $106.75. Right now, the middling Wall Street analyst 12-month amount mark is $100.00. At the most recent market close, shares of C.H. Robinson Worldwide Inc. [NASDAQ:CHRW] were valued at $100.23. According to the average price forecast, investors can expect a potential return of 3.74%.

FUNDAMENTAL ANALYSIS

C.H. Robinson Worldwide Inc. [NASDAQ:CHRW] most recently reported quarterly sales of 3.63 billion, which represented growth of -7.20%. This publicly-traded organization’s revenue is $992,384 per employee, while its income is $37,400 per employee. This company’s Gross Margin is currently 15.90%, its Operating Margin is 4.20%, its Pretax Margin is +4.85, and its Net Margin is +3.77. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 12.72, 35.33, 25.61 and 19.36 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 48.22 and the whole liability to whole assets at 33.53. It shows enduring liability to the whole principal at 41.90 and enduring liability to assets at 0.29 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 98.74 points at 1st support level, the second support level is making up to 97.25. But as of 1st resistance point, this stock is sitting at 103.02 and at 105.81 for 2nd resistance point.

C.H. Robinson Worldwide Inc. [CHRW] reported its earnings at $1.06 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.6/share signifying the difference of 0.46 and 76.70% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.57 calling estimates for $0.68/share with the difference of -0.11 depicting the surprise of -16.20%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for C.H. Robinson Worldwide Inc. [NASDAQ:CHRW] is 1.60. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.29. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.70, it’s amount to book ratio is 6.31 and showing 29.20 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by SHORT BRIAN, Director, and it was the purchase of 50.0 shares on Sep 30. Pinkerton Mac S, the Pres. of North America Trans., completed a sale of 500.0 shares on Aug 31. On Aug 25, Short Michael John, President, Global Forwarding, completed a sale of 4458.0 shares.