C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) is 13.25% higher on its value in year-to-date trading and has touched a low of $65.00 and a high of $105.41 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CHRW stock was last observed hovering at around $97.79 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $97.84, the stock is 3.97% and 9.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing 0.05% at the moment leaves the stock 19.36% off its SMA200. CHRW registered 3.47% gain for a year compared to 6-month gain of 32.50%.
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The stock witnessed a 9.97% loss in the last 1 month and extending the period to 3 months gives it a 17.38%, and is -0.74% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.65% over the week and 2.62% over the month.
C.H. Robinson Worldwide, Inc. (CHRW) has around 15246 employees, a market worth around $11.47B and $17.46B in sales. Current P/E ratio is 35.29 and Fwd P/E is 21.04. Profit margin for the company is 1.90%. Distance from 52-week low is 50.52% and -7.18% from its 52-week high. The company has generated returns on investments over the last 12 months (10.28%).
C.H. Robinson Worldwide, Inc. quarterly earnings per share for the current quarter are estimated at 1.11 with sales reaching $4.53B over the same period.The EPS is expected to grow by 24.43% this year, but quarterly earnings will post 2.00% year-over-year. Quarterly sales are estimated to grow 4.30% in year-over-year returns.
917.0 institutions hold shares in C.H. Robinson Worldwide, Inc. (CHRW), with institutional investors hold 96.52% of the company’s shares. The shares outstanding are 116.77M, and float is at 116.13M with Short Float at 5.99%. Institutions hold 95.61% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.22 million shares valued at $$1.08 billion. The investor’s holdings represent 11.9111 of the CHRW Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 12.78 million shares valued at $$972.93 million to account for 10.707 of the shares outstanding. The other top investors are FIRST EAGLE INVESTMENT MANAGEMENT, LLC which holds 11.49 million shares representing 9.6243 and valued at over $$874.55 million, while STATE STREET CORP holds 6.5986 of the shares totaling 7.88 million with a market value of $$604.16 million.
C.H. Robinson Worldwide, Inc. (CHRW) Insider Activity
The most recent transaction is an insider sale by Short Michael John, the company’s President, Global Forwarding. SEC filings show that Short Michael John sold 10,894 shares of the company’s common stock on Aug 09 ’24 at a price of $98.38 per share for a total of $1.07 million. Following the sale, the insider now owns 70943.0 shares.
Still, SEC filings show that on May 10 ’24, WINSHIP HENRY WARD IV (Director) disposed off 204 shares at an average price of $82.32 for $16764.0. The insider now directly holds 266,732 shares of C.H. Robinson Worldwide, Inc. (CHRW).
