C.H. Robinson Worldwide, Inc. [CHRW] stock prices are up 2.16% to $106.45 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CHRW shares have gain 6.12% over the last week, with a monthly amount glided 5.05%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
The stock price of C.H. Robinson Worldwide, Inc. [CHRW] has been fluctuating between $65.00 and $105.41 over the past year. 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 $106.45 at the most recent close of the market. An investor can expect a potential drop of -7.52% based on the average CHRW price forecast.
Analyzing the CHRW fundamentals
The C.H. Robinson Worldwide, Inc. [NASDAQ:CHRW] reported sales of 17.46B for trailing twelve months, representing a surge of 1.39%. 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 104.72 points at the first support level, and at 102.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 107.52, and for the 2nd resistance point, it is at 108.59.
Ratios To Look Out For
It’s worth pointing out that C.H. Robinson Worldwide, Inc. [NASDAQ:CHRW]’s Current Ratio is 1.42. On the other hand, the Quick Ratio is 1.42, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.72, the price to book ratio is 8.26 and price to earnings (TTM) ratio is 38.39.
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.
