YRC Worldwide (YRCW) Earning Somewhat Negative Media Coverage, Accern Reports
Press coverage about YRC Worldwide (NASDAQ:YRCW) has been trending somewhat negative on Friday, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. YRC Worldwide earned a news impact score of -0.02 on Accern’s scale. Accern also assigned news coverage about the transportation company an impact score of 45.9516538184544 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Critical Profitability Ratio Analysis: Chico’s FAS, Inc. (NYSE:CHS), YRC Worldwide Inc. (NASDAQ:YRCW) – Investing News Update (investingbizz.com)
- ETFs with exposure to YRC Worldwide, Inc. : October 5, 2017 (finance.yahoo.com)
- YRC Worldwide, Inc. :YRCW-US: Earnings Analysis: Q2, 2017 By the Numbers : October 4, 2017 (finance.yahoo.com)
- Form 3 YRC Worldwide Inc. For: Sep 28 Filed by: Moshier Howard (streetinsider.com)
- How the Market Views Less-than-Truckload Carriers (finance.yahoo.com)
YRCW has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of YRC Worldwide from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a research report on Thursday, July 13th. BidaskClub upgraded shares of YRC Worldwide from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Aegis reiterated a “buy” rating and issued a $20.00 price objective on shares of YRC Worldwide in a research report on Saturday, September 16th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $18.00 price objective (up from $16.00) on shares of YRC Worldwide in a research report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $15.75.
YRC Worldwide (NASDAQ YRCW) traded up 0.94% during trading on Friday, reaching $13.89. 294,393 shares of the company were exchanged. The stock has a market capitalization of $465.76 million, a PE ratio of 4630.00 and a beta of 3.73. The firm’s 50 day moving average is $13.01 and its 200 day moving average is $11.33. YRC Worldwide has a 52-week low of $7.36 and a 52-week high of $16.97.
YRC Worldwide (NASDAQ:YRCW) last released its quarterly earnings results on Thursday, August 3rd. The transportation company reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.09. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the previous year, the company posted $0.83 EPS. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. Analysts expect that YRC Worldwide will post $0.68 EPS for the current year.
About YRC Worldwide
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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