Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
Based in Minnesota, C.H. Robinson Worldwide Inc. is a third-party logistics company. As a asset-light transportation provider, C.H. Robinson provides freight transportation services and logistic solutions to companies across a range of industries. The company's services range from commitments on a specific shipment to more comprehensive and integrated relationships.
CHRW boasts a Momentum Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of C.H. Robinson Worldwide has seen some interesting price action recently; the stock is up 5.6% over the past one week and up 1.1% over the past four weeks. And in the last one-year period, CHRW has gained 31.1%. As for the stock's trading volume, 1,163,563.25 shares on average were traded over the last 20 days.
Momentum investors also pay close attention to a company's earnings. For CHRW, eight analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.22 to $4.38 per share for 2024. CHRW boasts an average earnings surprise of 10.3%.
CHRW should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores.
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C.H. Robinson Worldwide, Inc. (CHRW) : Free Stock Analysis Report
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