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Monday, June 5, 2023

Are Things Looking Up For C.H. Robinson Worldwide Inc. (NASDAQ: CHRW)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for C.H. Robinson Worldwide Inc. (CHRW) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $104.50. The C.H. Robinson Worldwide Inc. has recorded 15,465 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted C.H. Robinson Declares Quarterly Cash Dividend.

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Stocks Info

The company is listed on the NASDAQ and operates within the Integrated Freight & Logistics industry segment. At the end of the last regular session, the stock closed at $104.50 and fluctuated between $104.88 as its day high and $103.16 as its day low. The current market capitalization of C.H. Robinson Worldwide Inc. is $11.96B. A total of 0.84 million shares were traded on the day, compared to an average of 1.18M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, CHRW has seen 28 BUY and 6 SELL insider trades, representing the acquisition of 201,043 and the disposition of 9,398 shares. Over the last 12 months, there were 53 BUYs and 21 SELLs from insiders. Insiders purchased 412,634 shares during that period but sold 152,388.

In the most recent transaction, Pinkerton Mac S sold 7,624 shares of CHRW for 101.57 per share on May 01. After the transaction, the Pres. of North America Trans. now owns 87,001 company shares. In a previous transaction on Feb 23, Short Michael John sold 3,496 shares at 101.29 per share. CHRW shares that President, Global Forwarding owns now total 75,928.

Among the insiders who sold shares, Kass Jordan T disposed of 5,276 shares on Nov 29 at a per-share price of $97.73. This resulted in the President, Managed Services holding 45,603 shares of CHRW after the transaction. In another insider transaction, Maier Henry J bought 1,000 shares at $96.37 per share on Nov 18. Company shares held by the Director now total 1,922.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. C.H. Robinson Worldwide Inc. pays an annual dividend of $2.44, resulting in a dividend yield of 2.33%, and it has a price to earnings (P/E) ratio of 16.84. CHRW’s most recent ex-dividend date was 6/1/2023 when it declared a $0.61 quarterly dividend that was paid in cash on 7/3/2023. Previously, the company paid the dividend on 4/3/2023 with an ex-dividend date of 3/2/2023. The CHRW stock dividend was $0.61 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for CHRW in the last 3 months, the mean price target is $92.58 with high estimates of $120.00 and low estimates of $62.00. In terms of 52-week highs and lows, CHRW has a high of $121.23 and a low of $86.60.

As of this writing, CHRW has an earnings estimate of $0.99 per share for the current quarter. EPS was calculated based on a consensus of 23 estimates, with a high estimate of $1.33 per share and a lower estimate of $0.8. The company reported an EPS of $1.03 in the last quarter, which was -25.40% lower than expectations of $1.38.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CHRW’s latest balance sheet shows that the firm has $257.41M in Cash & Short Term Investments as of fiscal 2021. There were $2.23B in debt and $3.33B in liabilities at the time. Its Book Value Per Share was $11.64, while its Total Shareholder’s Equity was $2.02B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CHRW is Buy with a score of 2.59.

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