CHRW Stock Summary and Trading Ideas (C.H. Robinson Worldwide | NASDAQ:CHRW)

C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (about 61% of net revenue), which reflects mostly truck brokerage but also rail intermodal. Additionally, the firm operates a large air and ocean forwarding division (27%), which has grown organically and via tuck-in acquisitions over the years. The remainder of revenue consists of the European truck-brokerage division, transportation management services, and a legacy produce-sourcing operation.

C.H. Robinson Worldwide trades on the NASDAQ stock market under the symbol CHRW.

As of December 16, 2024, CHRW stock price declined to $110.11 with 976,796 million shares trading.

CHRW has a beta of -0.01, meaning it tends to be less sensitive to market movements. CHRW has a correlation of 0.00 to the broad based SPY ETF.

CHRW has a market cap of $12.91 billion. This is considered a Large Cap stock.

Last quarter C.H. Robinson Worldwide reported $5 billion in Revenue and $1.28 earnings per share. This beat revenue expectation by $115 million and exceeded earnings estimates by $.14.

In the last 3 years, CHRW traded as high as $121.23 and as low as $65.00.

The top ETF exchange traded funds that CHRW belongs to (by Net Assets): VTI, SCHD, VOO, VB, NOBL.

CHRW has outperformed the market in the last year with a price return of +32.7% while the SPY ETF gained +30.5%. CHRW has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +10.7% and +4.9%, respectively, while the SPY returned +8.3% and +0.7%, respectively.

CHRW support price is $109.59 and resistance is $113.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CHRW shares will trade within this expected range on the day.