C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) shares, rose in value, with the stock price down by -5.48% to the previous day’s close as strong demand from buyers drove the stock to $103.63.
Actively observing the price movement in the recent trading, the stock is buoying the session at $109.64, falling within a range of $100.44 and $108.53. The PE ratio was 37.37 over 12-month period. Referring to stock’s 52-week performance, its high was $113.10, and the low was $65.00. On the whole, CHRW has fluctuated by -4.40% over the past month.
With the market capitalization of C.H. Robinson Worldwide, Inc. currently standing at about $12.15 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-29. The company’s Forward Dividend Ratio is 2.45, with its dividend yield at 2.36%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 17.93B, with a low estimate of 4.33B and a high estimate of 4.72B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.51B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CHRW’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.44, with the price of CHRW currently trading nearly -4.43% and -1.95% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.56, while the 7-day volatility ratio is showing 1.82% which for the 30-day chart, stands at 1.83%. Furthermore, C.H. Robinson Worldwide, Inc. (CHRW)’s beta value is 0.83, and its average true range (ATR) is 2.55.
A comparison of C.H. Robinson Worldwide, Inc. (CHRW) with its peers suggests the former has fared considerably weaker in the market. CHRW showed an intraday change of -5.48% in today’s session so far, and over the past year, it grew by 26.64%%.
Data on historical trading for C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) indicates that the trading volumes over the past 10 days have averaged 1.17 and over the past 3 months, they’ve averaged 1.31 million. According to company’s latest data on outstanding shares, there are 116.77 million shares outstanding.
Nearly 0.81% of C.H. Robinson Worldwide, Inc.’s shares belong to company insiders and institutional investors own 95.75% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.84 million shares as on 2024-10-15, resulting in a short ratio of 3.4. According to the data, the short interest in C.H. Robinson Worldwide, Inc. (CHRW) stood at 544.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 6.15 million. The stock has risen by 19.96% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CHRW stock heading into the next quarter.
