Monthly Drifts in C.H. Robinson Worldwide, Inc. (CHRW) Stock: A Closer Look

At the time of writing, C.H. Robinson Worldwide, Inc. [CHRW] stock is trading at $110.89, up 0.23%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CHRW shares have gain 2.64% over the last week, with a monthly amount glided 8.67%, 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 October 09, 2024, when Citigroup initiated its Neutral rating and assigned the stock a price target of $115. Previously, UBS upgraded its rating to Buy on October 04, 2024, and elevated its price target to $140. On August 01, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $110 on the stock. TD Cowen reiterated its Hold rating and increased its price target to $103 on August 01, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $99 on July 22, 2024. Vertical Research upgraded its rating to Buy for this stock on July 09, 2024, but kept the price target unchanged to $102. In a note dated July 09, 2024, JP Morgan upgraded an Neutral rating on this stock and boosted its target price from $76 to $87.

For the past year, the stock price of C.H. Robinson Worldwide, Inc. fluctuated between $65.00 and $113.10. Currently, Wall Street analysts expect the stock to reach $103.4 within the next 12 months. C.H. Robinson Worldwide, Inc. [NASDAQ: CHRW] shares were valued at $110.89 at the most recent close of the market. An investor can expect a potential drop of -6.75% based on the average CHRW price forecast.

Analyzing the CHRW fundamentals

According to C.H. Robinson Worldwide, Inc. [NASDAQ:CHRW], the company’s sales were 17.46B for trailing twelve months, which represents an 1.39% jump. 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 110.04 points at the first support level, and at 109.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 111.38, and for the 2nd resistance point, it is at 111.86.

Ratios To Look Out For

It is important to note that C.H. Robinson Worldwide, Inc. [NASDAQ:CHRW] has a current ratio of 1.42. Also, the Quick Ratio is 1.42, while the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 0.74, the price to book ratio is 8.61 and price to earnings (TTM) ratio is 39.99.

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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