C.H. Robinson Worldwide, Inc. (CHRW) concluded trading on Wednesday at a closing price of $89.05, with 4.43 million shares of worth about $394.06 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.65% during that period and on July 31, 2024 the price saw a loss of about -0.32%. Currently the company’s common shares owned by public are about 116.77M shares, out of which, 115.86M shares are available for trading.
Stock saw a price change of -1.29% in past 5 days and over the past one month there was a price change of 2.58%. Year-to-date (YTD), CHRW shares are showing a performance of 3.08% which decreased to -11.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $65.00 but also hit the highest price of $100.88 during that period. The average intraday trading volume for C.H. Robinson Worldwide, Inc. shares is 1.67 million. The stock is currently trading 1.17% above its 20-day simple moving average (SMA20), while that difference is up 2.53% for SMA50 and it goes to 9.66% higher than SMA200.
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C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) currently have 116.77M outstanding shares and institutions hold larger chunk of about 96.80% of that.
The stock has a current market capitalization of $10.43B and its 3Y-monthly beta is at 0.81. PE ratio of stock for trailing 12 months is 35.17, while it has posted earnings per share of $2.53 in the same period. Its PEG reads 3.38 and has Quick Ratio of 1.37 while making debt-to-equity ratio of 1.46. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CHRW, volatility over the week remained 2.12% while standing at 2.16% over the month.
Stock’s fiscal year EPS is expected to rise by 11.61% while it is estimated to increase by 15.93% in next year. EPS is likely to grow at an annualized rate of 10.40% for next 5-years, compared to annual growth of -10.51% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on July 22, 2024 offering a Buy rating for the stock and assigned a target price range of between $76 and $99 to it. Coverage by Vertical Research stated C.H. Robinson Worldwide, Inc. (CHRW) stock as a Buy in their note to investors on July 09, 2024, suggesting a price target of $102 for the stock. On July 09, 2024, JP Morgan Upgrade their recommendations, while on June 25, 2024, Evercore ISI Upgrade their ratings for the stock with a price target of $99. Stock get an Equal weight rating from Wells Fargo on June 07, 2024.
