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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 April 19, 2024, CHRW stock price climbed to $71.22 with 1,369,894 million shares trading.
CHRW has a beta of 0.46, meaning it tends to be less sensitive to market movements. CHRW has a correlation of 0.04 to the broad based SPY ETF.
CHRW has a market cap of $8.32 billion. This is considered a Mid Cap stock.
Last quarter C.H. Robinson Worldwide reported $4 billion in Revenue and $.50 earnings per share. This fell short of revenue expectation by $-118 million and missed earnings estimates by -$.31.
In the last 3 years, CHRW stock 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, VOO, VB, SCHD, MOAT.
CHRW has underperformed the market in the last year with a return of -23.2%, while the SPY ETF gained +21.2%. In the last 3 month period, CHRW fell short of the market, returning -16.1%, while SPY returned +4.3%. However, in the most recent 2 weeks CHRW has outperformed the stock market by returning -0.6%, while SPY returned -3.5%.
CHRW support price is $68.57 and resistance is $71.17 (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 stock will trade within this expected range on the day.