There’s Reason For Concern Over C.H. Robinson Worldwide, Inc.’s (NASDAQ:CHRW) Massive 25% Price Jump
Explore C.H. Robinson Worldwide’s Fair Values from the Community and select yours
The C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) share price has done very well over the last month, posting an excellent gain of 25%. Looking further back, the 24% rise over the last twelve months isn’t too bad notwithstanding the strength over the last 30 days.
Since its price has surged higher, given around half the companies in the United States have price-to-earnings ratios (or “P/E’s”) below 18x, you may consider C.H. Robinson Worldwide as a stock to potentially avoid with its 26.9x P/E ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the elevated…
