The Short-term Rise and Fall of C.H. Robinson Worldwide, Inc. (CHRW) Stock

A share price of C.H. Robinson Worldwide, Inc. [CHRW] is currently trading at $103.61, up 0.10%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CHRW shares have gain 1.27% over the last week, with a monthly amount glided 5.05%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

C.H. Robinson Worldwide, Inc. [NASDAQ: CHRW] stock has seen the most recent analyst activity on August 01, 2024, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $110 from $87. Previously, TD Cowen reaffirmed its Hold rating on August 01, 2024, and elevated its price target to $103. On July 22, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $99 on the stock. Vertical Research upgraded its rating to a Buy but stick to its price target of $102 on July 09, 2024. JP Morgan upgraded its rating to a Neutral and raised its price target to $87 on July 09, 2024. Evercore ISI upgraded its rating to Outperform for this stock on June 25, 2024, and upped its price target to $99. In a note dated June 07, 2024, Wells Fargo initiated an Equal Weight rating and provided a target price of $94 on this stock.

C.H. Robinson Worldwide, Inc. experienced fluctuations in its stock price throughout the past year between $65.00 and $105.41. Currently, Wall Street analysts expect the stock to reach $98.45 within the next 12 months. C.H. Robinson Worldwide, Inc. [NASDAQ: CHRW] shares were valued at $103.61 at the most recent close of the market. An investor can expect a potential drop of -4.98% based on the average CHRW price forecast.

Analyzing the CHRW fundamentals

Trailing Twelve Months sales for C.H. Robinson Worldwide, Inc. [NASDAQ:CHRW] were 17.46B which represents 1.39% growth. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.23 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.11.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 102.71 points at the first support level, and at 101.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 104.31, and for the 2nd resistance point, it is at 105.00.

Ratios To Look Out For

To put it in perspective, the Current Ratio for C.H. Robinson Worldwide, Inc. [NASDAQ:CHRW] is 1.42. Further, the Quick Ratio stands at 1.42, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.70, the price to book ratio is 8.04 and price to earnings (TTM) ratio is 37.37.

Transactions by insiders

Recent insider trading involved Campbell Ben G, Chief Legal Officer/Secretary, that happened on Aug 27 ’24 when 2780.0 shares were sold. Officer, Campbell Ben G completed a deal on Aug 27 ’24 to buy 2780.0 shares. Meanwhile, CHRO and ESG Officer Freeman Angela K. sold 8387.0 shares on Aug 16 ’24.

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