C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted C.H. Robinson Fourth Quarter 2023 Earnings Release and Conference Call Scheduled for Wednesday, January 31, 2024.

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Stocks Info

C.H. Robinson Worldwide, Inc. is listed on the NASDAQ in the Industrials sector while operating in the Integrated Freight & Logistics industry. At the end of the last regular session, the stock closed at $84.94 and fluctuated between $85.83 as its day high and $84.69 as its day low. The current market capitalization of C.H. Robinson Worldwide, Inc. is $9.91B. A total of 0.9 million shares were traded on the day, compared to an average of 1.26M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, CHRW has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 1,807 and the disposition of 0 shares. Over the last 12 months, there were 44 BUYs and 10 SELLs from insiders. Insiders purchased 391,770 shares during that period but sold 38,579.

In the most recent transaction, WINSHIP HENRY WARD IV sold 0 shares of CHRW for 82.26 per share on Nov 21. After the transaction, the Director now owns 266,936 company shares. In a previous transaction on Nov 16, WINSHIP HENRY WARD IV sold 7 shares at 82.25 per share. CHRW shares that Director owns now total 266,936.

Among the insiders who bought shares, Bozeman David P acquired of 1,807 shares on Nov 14 at a per-share price of $82.91. This resulted in the President & CEO holding 144,391 shares of CHRW after the transaction. In another insider transaction, Short Michael John sold 16,155 shares at $104.56 per share on May 04. Company shares held by the President, Global Forwarding now total 75,937.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. C.H. Robinson Worldwide, Inc. pays an annual dividend of $2.37, resulting in a dividend yield of 2.79%, and it has a price to earnings (P/E) ratio of 26.11. CHRW’s most recent ex-dividend date was 11/30/2023 when it declared a $0.61 quarterly dividend that was paid in cash on 1/2/2024. Previously, the company paid the dividend on 10/2/2023 with an ex-dividend date of 8/31/2023. The CHRW stock dividend was $0.61 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for CHRW in the last 3 months, the mean price target is $86.32 with high estimates of $104.00 and low estimates of $60.00. In terms of 52-week highs and lows, CHRW has a high of $108.05 and a low of $78.69.

As of this writing, CHRW has an earnings estimate of $0.81 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $0.93 per share and a lower estimate of $0.75. The company reported an EPS of $0.9 in the last quarter, which was -1.10% lower than expectations of $0.91.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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 $12.06, while its Total Shareholder’s Equity was $2.02B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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 2.86.

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