Deutsche Bank set a $8.00 price target on YRC Worldwide (NASDAQ:YRCW) in a report published on Monday, Stock Target Advisor reports. The firm currently has a buy rating on the transportation company’s stock.

A number of other research firms have also commented on YRCW. Zacks Investment Research lowered shares of YRC Worldwide from a buy rating to a hold rating in a research note on Saturday, April 13th. BidaskClub upgraded shares of YRC Worldwide from a hold rating to a buy rating in a research note on Saturday, April 13th. ValuEngine upgraded shares of YRC Worldwide from a sell rating to a hold rating in a research note on Tuesday, April 9th. Seaport Global Securities reiterated a neutral rating on shares of YRC Worldwide in a research note on Friday, April 5th. Finally, Stephens set a $5.00 price objective on shares of YRC Worldwide and gave the company a hold rating in a research note on Friday, March 22nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of $7.85.

Shares of NASDAQ:YRCW opened at $4.99 on Monday. YRC Worldwide has a 52 week low of $2.41 and a 52 week high of $11.76. The company has a market capitalization of $179.43 million, a price-to-earnings ratio of 11.09 and a beta of 4.69.

YRC Worldwide (NASDAQ:YRCW) last posted its quarterly earnings data on Wednesday, May 8th. The transportation company reported ($1.48) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.73) by ($0.75). YRC Worldwide had a negative net margin of 0.20% and a negative return on equity of 1.93%. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the prior year, the business earned ($0.44) EPS. YRC Worldwide’s revenue was down 2.7% compared to the same quarter last year. Equities research analysts forecast that YRC Worldwide will post -0.08 EPS for the current fiscal year.

Large investors have recently modified their holdings of the stock. Meeder Asset Management Inc. boosted its holdings in YRC Worldwide by 1,137.7% during the first quarter. Meeder Asset Management Inc. now owns 4,666 shares of the transportation company’s stock worth $31,000 after buying an additional 4,289 shares in the last quarter. Royce & Associates LP bought a new stake in YRC Worldwide during the first quarter worth approximately $38,000. BNP Paribas Arbitrage SA boosted its holdings in YRC Worldwide by 86.0% during the first quarter. BNP Paribas Arbitrage SA now owns 7,215 shares of the transportation company’s stock worth $48,000 after buying an additional 3,335 shares in the last quarter. NumerixS Investment Technologies Inc bought a new stake in YRC Worldwide during the first quarter worth approximately $64,000. Finally, First Quadrant L P CA bought a new stake in YRC Worldwide during the first quarter worth approximately $69,000. Hedge funds and other institutional investors own 70.67% of the company’s stock.

About YRC Worldwide

YRC Worldwide Inc, through its subsidiaries, provides a range of transportation services primarily in North America. The company operates in two segments, YRC Freight and Regional Transportation. The 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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Analyst Recommendations for YRC Worldwide (NASDAQ:YRCW)

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