YRC Worldwide, Inc. (NASDAQ:YRCW) has been given a consensus rating of “Hold” by the eight research firms that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $16.33.
Several analysts recently weighed in on the company. Stifel Nicolaus reissued a “buy” rating and issued a $18.00 price objective (up from $16.00) on shares of YRC Worldwide in a report on Friday, August 4th. BidaskClub lowered YRC Worldwide from a “hold” rating to a “sell” rating in a report on Saturday, August 19th. Zacks Investment Research raised YRC Worldwide from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a report on Thursday, July 13th. Aegis reissued a “buy” rating and issued a $20.00 price objective on shares of YRC Worldwide in a report on Saturday, September 16th. Finally, ValuEngine lowered YRC Worldwide from a “hold” rating to a “sell” rating in a report on Thursday.
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YRC Worldwide (YRCW) traded up 1.04% on Friday, hitting $13.64. The stock had a trading volume of 605,308 shares. The firm has a market cap of $457.38 million, a PE ratio of 4546.67 and a beta of 3.73. The company’s 50 day moving average is $13.20 and its 200 day moving average is $11.59. YRC Worldwide has a 12-month low of $7.36 and a 12-month high of $16.97.
YRC Worldwide (NASDAQ:YRCW) last announced its quarterly earnings data on Thursday, August 3rd. The transportation company reported $0.57 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.09. The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.25 billion. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.83 earnings per share. On average, equities research analysts expect that YRC Worldwide will post $0.19 EPS for the current fiscal year.
Several large investors have recently bought and sold shares of the company. First Quadrant L P CA bought a new position in shares of YRC Worldwide during the third quarter valued at approximately $132,000. Northpointe Capital LLC grew its holdings in shares of YRC Worldwide by 6.5% during the third quarter. Northpointe Capital LLC now owns 1,263,554 shares of the transportation company’s stock valued at $17,437,000 after purchasing an additional 77,521 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of YRC Worldwide by 6.6% during the second quarter. The Manufacturers Life Insurance Company now owns 27,120 shares of the transportation company’s stock valued at $302,000 after purchasing an additional 1,681 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of YRC Worldwide during the second quarter valued at approximately $673,000. Finally, Voya Investment Management LLC grew its holdings in shares of YRC Worldwide by 18.7% during the second quarter. Voya Investment Management LLC now owns 17,288 shares of the transportation company’s stock valued at $192,000 after purchasing an additional 2,720 shares during the last quarter. 83.72% of the stock is owned by institutional investors.
YRC Worldwide Company Profile
YRC Worldwide Inc is a holding company. The Company, through its subsidiaries, offers its customers a range of transportation services. The Company operates through two segments: YRC Freight and Regional Transportation. The Company has less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities.
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