ValuEngine upgraded shares of YRC Worldwide (NASDAQ:YRCW) from a sell rating to a hold rating in a research report released on Thursday morning.

YRCW has been the topic of several other reports. BidaskClub raised YRC Worldwide from a buy rating to a strong-buy rating in a report on Saturday, January 13th. Zacks Investment Research cut YRC Worldwide from a hold rating to a strong sell rating in a report on Wednesday, November 8th. Stephens restated a buy rating and set a $19.00 price target on shares of YRC Worldwide in a report on Tuesday, January 2nd. Finally, Stifel Nicolaus restated a buy rating and set a $18.00 price target (down previously from $19.00) on shares of YRC Worldwide in a report on Thursday, October 19th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. YRC Worldwide has a consensus rating of Buy and an average target price of $17.60.

Shares of YRC Worldwide (NASDAQ:YRCW) opened at $17.01 on Thursday. The stock has a market capitalization of $570.15, a P/E ratio of -48.60 and a beta of 3.73. YRC Worldwide has a twelve month low of $7.36 and a twelve month high of $17.08. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of -2.26.

YRC Worldwide (NASDAQ:YRCW) last issued its quarterly earnings data on Thursday, November 2nd. The transportation company reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.06). YRC Worldwide had a negative return on equity of 0.70% and a negative net margin of 0.22%. equities research analysts predict that YRC Worldwide will post 0.05 earnings per share for the current fiscal year.

In other YRC Worldwide news, CEO James L. Welch sold 100,000 shares of the company’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $12.24, for a total value of $1,224,000.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director William Robert Davidson sold 3,921 shares of the company’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $13.40, for a total value of $52,541.40. Following the completion of the transaction, the director now directly owns 30,195 shares in the company, valued at approximately $404,613. The disclosure for this sale can be found here. Corporate insiders own 3.70% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. First Quadrant L P CA bought a new position in YRC Worldwide in the 3rd quarter valued at $132,000. Los Angeles Capital Management & Equity Research Inc. bought a new position in YRC Worldwide in the 3rd quarter valued at $150,000. Jane Street Group LLC bought a new position in YRC Worldwide in the 3rd quarter valued at $159,000. Boothbay Fund Management LLC bought a new position in YRC Worldwide in the 3rd quarter valued at $160,000. Finally, Voya Investment Management LLC grew its position in YRC Worldwide by 18.7% in the 2nd quarter. Voya Investment Management LLC now owns 17,288 shares of the transportation company’s stock valued at $192,000 after acquiring an additional 2,720 shares during the last quarter. 85.39% of the stock is currently owned by institutional investors.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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