BidaskClub downgraded shares of YRC Worldwide (NASDAQ:YRCW) from a hold rating to a sell rating in a research report report published on Wednesday.

Other analysts have also recently issued research reports about the stock. Seaport Global Securities reiterated a neutral rating on shares of YRC Worldwide in a research note on Friday, February 2nd. Zacks Investment Research upgraded shares of YRC Worldwide from a hold rating to a buy rating and set a $17.00 price target for the company in a research note on Sunday, January 21st. ValuEngine cut shares of YRC Worldwide from a hold rating to a sell rating in a research note on Saturday, February 3rd. Stephens reiterated a buy rating and issued a $19.00 price target on shares of YRC Worldwide in a research note on Tuesday, January 2nd. Finally, Stifel Nicolaus reiterated a buy rating and issued a $21.00 price target on shares of YRC Worldwide in a research note on Thursday, January 18th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $18.00.

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Shares of YRC Worldwide (NASDAQ YRCW) opened at $8.82 on Wednesday. The company has a market cap of $293.22, a price-to-earnings ratio of -25.20 and a beta of 4.19. The company has a debt-to-equity ratio of -2.48, a current ratio of 1.29 and a quick ratio of 1.29. YRC Worldwide has a 12 month low of $7.36 and a 12 month high of $17.61.

YRC Worldwide (NASDAQ:YRCW) last announced its quarterly earnings results on Thursday, February 1st. The transportation company reported ($0.23) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.26). The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.22 billion. YRC Worldwide had a negative net margin of 0.22% and a negative return on equity of 1.31%. The business’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.23) EPS. equities research analysts expect that YRC Worldwide will post 1.1 EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of YRCW. Boston Partners acquired a new stake in shares of YRC Worldwide during the 4th quarter worth about $12,879,000. Russell Investments Group Ltd. acquired a new stake in shares of YRC Worldwide during the 3rd quarter worth about $6,280,000. J. Goldman & Co LP acquired a new stake in shares of YRC Worldwide during the 4th quarter worth about $4,714,000. Cornerstone Capital Management Holdings LLC. lifted its stake in shares of YRC Worldwide by 1,244.5% during the 4th quarter. Cornerstone Capital Management Holdings LLC. now owns 320,000 shares of the transportation company’s stock worth $4,601,000 after buying an additional 296,200 shares during the last quarter. Finally, Bogle Investment Management L P DE lifted its stake in shares of YRC Worldwide by 243.1% during the 4th quarter. Bogle Investment Management L P DE now owns 338,176 shares of the transportation company’s stock worth $4,862,000 after buying an additional 239,605 shares during the last quarter. Institutional investors own 91.18% of the company’s stock.

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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.

Analyst Recommendations for YRC Worldwide (NASDAQ:YRCW)

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