19.29% percent quarterly performance for C.H. Robinson Worldwide, Inc. (CHRW) is not indicative of the underlying story

On Tuesday, C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) was -0.76% drop from the session before settling in for the closing price of $86.81. A 52-week range for CHRW has been $65.00 – $100.88.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 3.72%. When this article was written, the company’s average yearly earnings per share was at 9.58%. With a float of $115.64 million, this company’s outstanding shares have now reached $116.77 million.

Considering the fact that the conglomerate employs 15246 people, you should pay attention to its efficiency factor.

C.H. Robinson Worldwide, Inc. (CHRW) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward C.H. Robinson Worldwide, Inc. stocks. The insider ownership of C.H. Robinson Worldwide, Inc. is 1.25%, while institutional ownership is 97.10%. The most recent insider transaction that took place on May 10 ’24, was worth 16,764. In this transaction Director of this company sold 204 shares at a rate of $82.32, taking the stock ownership to the 266,732 shares. Before that another transaction happened on Nov 21 ’23, when Company’s Director sold 0 for $82.26, making the entire transaction worth $6. This insider now owns 266,936 shares in total.

C.H. Robinson Worldwide, Inc. (CHRW) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted 0.9 earnings per share (EPS) during the time that was less than consensus figure (set at 0.91) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 9.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.30% during the next five years compared to -10.51% drop over the previous five years of trading.

C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) Trading Performance Indicators

You can see what C.H. Robinson Worldwide, Inc. (CHRW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.58. Likewise, its price to free cash flow for the trailing twelve months is 24.20.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.53, a number that is poised to hit 0.93 in the next quarter and is forecasted to reach 4.20 in one year’s time.

Technical Analysis of C.H. Robinson Worldwide, Inc. (CHRW)

Compared to the last year’s volume of 1.67 million, its volume of 1.71 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 38.97%. Additionally, its Average True Range was 1.90.

During the past 100 days, C.H. Robinson Worldwide, Inc.’s (CHRW) raw stochastic average was set at 83.80%, which indicates a significant increase from 49.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.83% in the past 14 days, which was lower than the 30.06% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $82.72, while its 200-day Moving Average is $81.04. Nevertheless, the first resistance level for the watch stands at $86.96 in the near term. At $87.76, the stock is likely to face the second major resistance level. The third major resistance level sits at $88.23. If the price goes on to break the first support level at $85.69, it is likely to go to the next support level at $85.22. Should the price break the second support level, the third support level stands at $84.42.

C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) Key Stats

There are 117,095K outstanding shares of the company, which has a market capitalization of 10.09 billion. As of now, sales total 17,596 M while income totals 325,130 K. Its latest quarter income was 4,412 M while its last quarter net income were 92,900 K.