Equities research analysts expect YRC Worldwide (NASDAQ:YRCW) to report ($0.54) earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for YRC Worldwide’s earnings, with the highest EPS estimate coming in at ($0.24) and the lowest estimate coming in at ($0.77). YRC Worldwide reported earnings per share of ($0.70) during the same quarter last year, which would indicate a positive year over year growth rate of 22.9%. The company is expected to issue its next earnings report before the market opens on Thursday, May 3rd.
On average, analysts expect that YRC Worldwide will report full year earnings of $0.93 per share for the current year, with EPS estimates ranging from $0.30 to $1.79. For the next financial year, analysts expect that the business will post earnings of $1.74 per share, with EPS estimates ranging from $1.20 to $2.28. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow YRC Worldwide.
YRC Worldwide (NASDAQ:YRCW) last posted its quarterly earnings data on Thursday, February 1st. The transportation company reported ($0.23) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.26). YRC Worldwide had a negative net margin of 0.22% and a negative return on equity of 1.31%. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the previous year, the firm earned ($0.23) EPS. YRC Worldwide’s revenue was up 5.3% compared to the same quarter last year.
YRCW has been the subject of a number of recent analyst reports. Zacks Investment Research cut YRC Worldwide from a “buy” rating to a “sell” rating in a report on Wednesday, February 28th. Stifel Nicolaus restated a “buy” rating and set a $21.00 price objective on shares of YRC Worldwide in a report on Thursday, January 18th. BidaskClub cut YRC Worldwide from a “strong-buy” rating to a “buy” rating in a report on Monday, February 5th. ValuEngine cut YRC Worldwide from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. Finally, Stephens restated a “buy” rating and set a $19.00 price objective on shares of YRC Worldwide in a report on Tuesday, January 2nd. Three analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. YRC Worldwide has a consensus rating of “Hold” and a consensus price target of $18.00.
YRCW opened at $8.72 on Friday. YRC Worldwide has a 52-week low of $7.36 and a 52-week high of $17.61. The company has a debt-to-equity ratio of -2.48, a current ratio of 1.29 and a quick ratio of 1.29. The firm has a market cap of $295.33, a P/E ratio of 67.08 and a beta of 4.04.
In other YRC Worldwide news, insider Scott D. Ware sold 14,000 shares of YRC Worldwide stock in a transaction on Monday, March 5th. The stock was sold at an average price of $8.61, for a total transaction of $120,540.00. Following the completion of the sale, the insider now directly owns 39,095 shares of the company’s stock, valued at approximately $336,607.95. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 4.70% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the business. Royce & Associates LP bought a new stake in YRC Worldwide during the 4th quarter valued at $360,000. Alambic Investment Management L.P. raised its position in YRC Worldwide by 10.4% during the 4th quarter. Alambic Investment Management L.P. now owns 411,212 shares of the transportation company’s stock valued at $5,913,000 after purchasing an additional 38,720 shares in the last quarter. Penn Capital Management Co. Inc. raised its position in YRC Worldwide by 22.2% during the 4th quarter. Penn Capital Management Co. Inc. now owns 445,158 shares of the transportation company’s stock valued at $6,401,000 after purchasing an additional 80,973 shares in the last quarter. Cooper Creek Partners Management LLC bought a new stake in YRC Worldwide during the 4th quarter valued at $2,060,000. Finally, Systematic Financial Management LP raised its position in YRC Worldwide by 7.4% during the 4th quarter. Systematic Financial Management LP now owns 121,440 shares of the transportation company’s stock valued at $1,746,000 after purchasing an additional 8,345 shares in the last quarter. 83.71% of the stock is owned by institutional investors and hedge funds.
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YRC Worldwide Company Profile
YRC Worldwide Inc, through its subsidiaries, provides various transportation services primarily in North America. Its YRC Freight segment offers various services to transport industrial, commercial, and retail goods; and provides specialized services, including guaranteed expedited services, time-specific deliveries, cross-border services, coast-to-coast air delivery, product returns, temperature-sensitive shipment protection, and government material shipments.
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