In the latest session, C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) closed at $74.35 up 0.54% from its previous closing price of $73.95. In other words, the price has increased by $+0.40 from its previous closing price. On the day, 1351909 shares were traded. CHRW stock price reached its highest trading level at $74.43 during the session, while it also had its lowest trading level at $72.76.
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
Ratios:
For a deeper understanding of C.H. Robinson Worldwide, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 59.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.38. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 1.38 whereas as Long-Term Debt/Eq ratio is at 1.21.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Susquehanna on January 10, 2024, Upgraded its rating to Neutral and sets its target price to $80 from $72 previously.
On August 31, 2023, Susquehanna Downgraded its rating to Negative which previously was Neutral and also lowered its target price recommendation from $88 to $77.
JP Morgan Downgraded its Neutral to Underweight on February 17, 2023, while the target price for the stock was maintained at $87.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 21 ’23 when WINSHIP HENRY WARD IV sold 0 shares for $82.26 per share. The transaction valued at 6 led to the insider holds 266,936 shares of the business.
WINSHIP HENRY WARD IV sold 7 shares of CHRW for $576 on Nov 16 ’23. The Director now owns 266,936 shares after completing the transaction at $82.25 per share. On Nov 14 ’23, another insider, Bozeman David P, who serves as the President & CEO of the company, bought 1,807 shares for $82.91 each. As a result, the insider paid 149,818 and bolstered with 144,391 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CHRW now has a Market Capitalization of 8.69B and an Enterprise Value of 10.50B. As of this moment, C.H.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.40, and their Forward P/E ratio for the next fiscal year is 18.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 6.12. Its current Enterprise Value per Revenue stands at 0.60 whereas that against EBITDA is 17.11.
Stock Price History:
Over the past 52 weeks, CHRW has reached a high of $106.14, while it has fallen to a 52-week low of $69.11. The 50-Day Moving Average of the stock is 77.43, while the 200-Day Moving Average is calculated to be 86.13.
Shares Statistics:
For the past three months, CHRW has traded an average of 1.61M shares per day and 2.48M over the past ten days. A total of 116.77M shares are outstanding, with a floating share count of 115.42M. Insiders hold about 1.26% of the company’s shares, while institutions hold 96.15% stake in the company. Shares short for CHRW as of Feb 29, 2024 were 7.65M with a Short Ratio of 4.74, compared to 8.02M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.55% and a Short% of Float of 8.89%.
Dividends & Splits
According to the company, the forward annual dividend rate for CHRW is 2.44, from 2.44 in the trailing year. Against a Trailing Annual Dividend Yield of 3.30%, it implies a Forward Annual Dividend Yield of 3.28%. The stock’s 5-year Average Dividend Yield is 2.37. The current Payout Ratio is 89.81% for CHRW, which recently paid a dividend on Apr 01, 2024 with an ex-dividend date of Feb 29, 2024. Stock splits for the company last occurred on Oct 17, 2005 when the company split stock in a 2:1 ratio.
Earnings Estimates
There are 18 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.66 for the current quarter, with a high estimate of $0.79 and a low estimate of $0.49, while EPS last year was $0.98. The consensus estimate for the next quarter is $0.81, with high estimates of $0.99 and low estimates of $0.65.
Analysts are recommending an EPS of between $3.7 and $2.8 for the fiscal current year, implying an average EPS of $3.24. EPS for the following year is $4.02, with 19 analysts recommending between $4.3 and $3.75.
Revenue Estimates
A total of 14 analysts believe the company’s revenue will be $4.24B this quarter.It ranges from a high estimate of $4.58B to a low estimate of $3.98B. As of the current estimate, C.H. Robinson Worldwide, Inc.’s year-ago sales were $4.61B, an estimated decrease of -8.00% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $4.41B, a decrease of -5.30% over than the figure of -$8.00% in the same quarter last year. There is a high estimate of $4.64B for the next quarter, whereas the lowest estimate is $4.23B.
A total of 18 analysts have provided revenue estimates for CHRW’s current fiscal year. The highest revenue estimate was $18.55B, while the lowest revenue estimate was $16.9B, resulting in an average revenue estimate of $17.58B. In the same quarter a year ago, actual revenue was $17.6B, down -0.10% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $18.42B in the next fiscal year. The high estimate is $20.1B and the low estimate is $17.07B. The average revenue growth estimate for next year is up 4.80% from the average revenue estimate for this year.
