YRC Worldwide (NASDAQ:YRCW)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Seaport Global Securities in a note issued to investors on Friday.

Other equities analysts have also recently issued research reports about the stock. BidaskClub cut shares of YRC Worldwide from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 6th. Stephens reaffirmed a “buy” rating and set a $19.00 price objective on shares of YRC Worldwide in a research note on Tuesday, January 2nd. Stifel Nicolaus reaffirmed a “buy” rating and set a $18.00 price objective (down previously from $19.00) on shares of YRC Worldwide in a research note on Thursday, October 19th. Finally, Zacks Investment Research raised shares of YRC Worldwide from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research note on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. YRC Worldwide has an average rating of “Buy” and an average target price of $18.00.

YRC Worldwide (NASDAQ YRCW) opened at $10.93 on Friday. The company has a market cap of $413.62, a P/E ratio of -31.23 and a beta of 3.86. YRC Worldwide has a 12 month low of $7.36 and a 12 month high of $17.61. The company has a debt-to-equity ratio of -2.26, a quick ratio of 1.39 and a current ratio of 1.39.

YRC Worldwide (NASDAQ:YRCW) last issued its quarterly earnings data on Thursday, February 1st. The transportation company reported ($0.23) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.26). The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.22 billion. YRC Worldwide had a negative net margin of 0.22% and a negative return on equity of 1.26%. YRC Worldwide’s revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.23) EPS. equities analysts forecast that YRC Worldwide will post 1.8 EPS for the current year.

In other YRC Worldwide news, CEO James L. Welch sold 100,000 shares of YRC Worldwide stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $12.24, for a total transaction of $1,224,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Justin M. Hall bought 5,000 shares of the company’s stock in a transaction on Thursday, November 16th. The shares were bought at an average price of $11.09 per share, with a total value of $55,450.00. The disclosure for this purchase can be found here. Insiders own 3.70% of the company’s stock.

A number of institutional investors have recently made changes to their positions in YRCW. Schwab Charles Investment Management Inc. lifted its position in YRC Worldwide by 27.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 228,829 shares of the transportation company’s stock valued at $2,545,000 after purchasing an additional 49,092 shares during the last quarter. Bank of New York Mellon Corp lifted its position in YRC Worldwide by 1.6% during the second quarter. Bank of New York Mellon Corp now owns 204,280 shares of the transportation company’s stock valued at $2,272,000 after purchasing an additional 3,222 shares during the last quarter. Alliancebernstein L.P. lifted its position in YRC Worldwide by 82.5% during the second quarter. Alliancebernstein L.P. now owns 33,620 shares of the transportation company’s stock valued at $374,000 after purchasing an additional 15,200 shares during the last quarter. Teachers Advisors LLC lifted its position in YRC Worldwide by 1.0% during the second quarter. Teachers Advisors LLC now owns 62,884 shares of the transportation company’s stock valued at $699,000 after purchasing an additional 593 shares during the last quarter. Finally, TIAA CREF Investment Management LLC lifted its position in YRC Worldwide by 3.6% during the second quarter. TIAA CREF Investment Management LLC now owns 180,422 shares of the transportation company’s stock valued at $2,006,000 after purchasing an additional 6,294 shares during the last quarter. Institutional investors and hedge funds own 84.55% of the company’s stock.

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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.

Analyst Recommendations for YRC Worldwide (NASDAQ:YRCW)

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