C.H. Robinson Worldwide, Inc (NASDAQ:CHRW) shares, rose in value on Friday, January 03, with the stock price up by 1.62% to the previous day’s close as strong demand from buyers drove the stock to $104.44.
Actively observing the price movement in the last trading, the stock closed the session at $102.78, falling within a range of $102.845 and $104.54. The value of beta (5-year monthly) was 0.842 whereas the PE ratio was 36.13 over 12-month period. Referring to stock’s 52-week performance, its high was $114.82, and the low was $65.00. On the whole, CHRW has fluctuated by -2.94% over the past month.
With the market capitalization of C.H. Robinson Worldwide, Inc currently standing at about $12.35 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 2.46, 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 18B, with a low estimate of 4.29B and a high estimate of 4.58B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.43B.
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 Hold 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 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.18, with the price of CHRW currently trading nearly -1.88% and -2.49% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.93, while the 7-day volatility ratio is showing 1.83% which for the 30-day chart, stands at 2.45%. Furthermore, C.H. Robinson Worldwide, Inc (CHRW)’s beta value is 0.83, and its average true range (ATR) is 2.34.
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 1.62% in last session, and over the past year, it grew by 19.58%%.
Data on historical trading for C.H. Robinson Worldwide, Inc (NASDAQ:CHRW) indicates that the trading volumes over the past 10 days have averaged 0.85 and over the past 3 months, they’ve averaged 1.16 million. According to company’s latest data on outstanding shares, there are 118.08 million shares outstanding.
Nearly 0.68% of C.H. Robinson Worldwide, Inc’s shares belong to company insiders and institutional investors own 94.67% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.99 million shares as on 2024-12-13, resulting in a short ratio of 4.09. According to the data, the short interest in C.H. Robinson Worldwide, Inc (CHRW) stood at 556.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 4.34 million. The stock has risen by 1.08% 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.
