C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) has reported earnings for its third fiscal quarter (ending September 30) of $0.81 versus $0.69 for the same period a year ago — an increase of 17%. For the latest four quarters through September 30, E.P.S. were $2.91 versus $3.29 for the same period a year ago — a decline of -12%.
Recent Price Action
C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) stock closed at $109.64 on 10/30/24 after an increase of 1.5%. Moreover, this advance was accompanied by unusually high trading volume at 185% of normal. The stock has risen 1.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CHRW is expected to continue to be a major Value Builder.
C.H. Robinson Worldwide has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. C.H. Robinson Worldwide has a poor Appreciation Score of 19 but a very high Power Rating of 88, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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