ValuEngine upgraded shares of YRC Worldwide (NASDAQ:YRCW) from a strong sell rating to a sell rating in a research note released on Monday.

YRCW has been the topic of a number of other research reports. BidaskClub downgraded YRC Worldwide from a sell rating to a strong sell rating in a research note on Tuesday, September 25th. Stifel Nicolaus downgraded YRC Worldwide from a buy rating to a hold rating and set a $7.00 target price on the stock. in a research note on Friday, November 9th. Finally, Loop Capital lowered their target price on YRC Worldwide to $11.00 and set a buy rating on the stock in a research note on Tuesday, December 11th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. YRC Worldwide presently has a consensus rating of Hold and an average price target of $12.50.

Shares of YRCW stock opened at $4.33 on Monday. YRC Worldwide has a 1-year low of $2.41 and a 1-year high of $17.61. The firm has a market cap of $146.56 million, a PE ratio of 28.87 and a beta of 3.62.

YRC Worldwide (NASDAQ:YRCW) last issued its earnings results on Thursday, November 1st. The transportation company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.42). YRC Worldwide had a negative net margin of 0.09% and a negative return on equity of 1.64%. The firm had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the firm earned $0.09 EPS. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. As a group, analysts expect that YRC Worldwide will post 0.45 EPS for the current fiscal year.

Several large investors have recently made changes to their positions in the business. Russell Investments Group Ltd. lifted its position in shares of YRC Worldwide by 9.0% in the third quarter. Russell Investments Group Ltd. now owns 2,895,937 shares of the transportation company’s stock worth $26,007,000 after buying an additional 239,034 shares during the last quarter. BlackRock Inc. lifted its position in shares of YRC Worldwide by 5.2% in the second quarter. BlackRock Inc. now owns 2,329,945 shares of the transportation company’s stock worth $23,415,000 after buying an additional 116,023 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of YRC Worldwide by 3.7% in the third quarter. Dimensional Fund Advisors LP now owns 1,689,826 shares of the transportation company’s stock worth $15,175,000 after buying an additional 61,048 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of YRC Worldwide by 42.3% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 525,525 shares of the transportation company’s stock worth $4,719,000 after buying an additional 156,175 shares during the last quarter. Finally, Penn Capital Management Co. Inc. lifted its position in shares of YRC Worldwide by 21.9% in the third quarter. Penn Capital Management Co. Inc. now owns 411,258 shares of the transportation company’s stock worth $3,693,000 after buying an additional 73,909 shares during the last quarter. 75.93% of the stock is owned by institutional investors.

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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