YRC Worldwide (NASDAQ:YRCW) has earned a consensus rating of “Hold” from the seven analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $20.00.
A number of analysts have recently weighed in on the company. Zacks Investment Research upgraded YRC Worldwide from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research report on Sunday, January 21st. Stifel Nicolaus reiterated a “buy” rating and set a $21.00 target price on shares of YRC Worldwide in a research report on Friday, February 2nd. ValuEngine downgraded YRC Worldwide from a “hold” rating to a “sell” rating in a research report on Saturday, February 3rd. Seaport Global Securities reiterated a “neutral” rating on shares of YRC Worldwide in a research report on Friday, February 2nd. Finally, BidaskClub downgraded YRC Worldwide from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 5th.
In other news, insider Scott D. Ware sold 14,000 shares of the company’s 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 in the company, valued at approximately $336,607.95. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 4.70% of the company’s stock.
Large investors have recently added to or reduced their stakes in the company. Teacher Retirement System of Texas bought a new stake in shares of YRC Worldwide during the 4th quarter valued at $163,000. MetLife Investment Advisors LLC acquired a new position in shares of YRC Worldwide during the 4th quarter worth $213,000. Symons Capital Management Inc. acquired a new position in shares of YRC Worldwide during the 1st quarter worth $137,000. Fox Run Management L.L.C. acquired a new position in shares of YRC Worldwide during the 4th quarter worth $265,000. Finally, Stone Ridge Asset Management LLC acquired a new position in shares of YRC Worldwide during the 4th quarter worth $310,000. Hedge funds and other institutional investors own 85.13% of the company’s stock.
YRCW opened at $10.45 on Thursday. The firm has a market capitalization of $354.84 million, a P/E ratio of 26.79 and a beta of 4.08. YRC Worldwide has a 1 year low of $8.07 and a 1 year high of $17.61. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of -2.38.
YRC Worldwide (NASDAQ:YRCW) last released its quarterly earnings results on Thursday, May 3rd. The transportation company reported ($0.44) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.60) by $0.16. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.21 billion. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.78) earnings per share. research analysts expect that YRC Worldwide will post 0.91 EPS for the current fiscal year.
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.
Receive News & Ratings for YRC Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YRC Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.