YRC Worldwide (NASDAQ:YRCW) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Several other brokerages have also issued reports on YRCW. Zacks Investment Research upgraded YRC Worldwide from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research note on Sunday, January 21st. Stifel Nicolaus restated a “buy” rating and issued a $21.00 target price on shares of YRC Worldwide in a research note on Thursday, January 18th. BidaskClub upgraded YRC Worldwide from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 13th. Finally, Stephens restated a “buy” rating and issued a $19.00 target price on shares of YRC Worldwide in a research note on Tuesday, January 2nd. One analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $17.60.

YRC Worldwide (YRCW) opened at $12.34 on Friday. The company has a debt-to-equity ratio of -2.26, a current ratio of 1.39 and a quick ratio of 1.39. YRC Worldwide has a 1 year low of $7.36 and a 1 year high of $17.61. The firm has a market capitalization of $535.29 and a price-to-earnings ratio of -35.26.

YRC Worldwide (NASDAQ:YRCW) last issued its earnings results 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). The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.25 billion. YRC Worldwide had a negative net margin of 0.22% and a negative return on equity of 0.70%. equities analysts expect that YRC Worldwide will post -0.11 EPS for the current year.

In related news, CEO James L. Welch sold 100,000 shares of the business’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $12.24, for a total transaction of $1,224,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William Robert Davidson sold 3,921 shares of the business’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 sale, the director now owns 30,195 shares in the company, valued at $404,613. The disclosure for this sale can be found here. Insiders own 3.70% of the company’s stock.

Several large investors have recently added to or reduced their stakes in YRCW. Schwab Charles Investment Management Inc. raised its stake in shares of YRC Worldwide by 27.3% during the 2nd 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 period. Bank of New York Mellon Corp raised its stake in shares of YRC Worldwide by 1.6% during the 2nd 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 period. Alliancebernstein L.P. raised its stake in shares of YRC Worldwide by 82.5% during the 2nd 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 period. Teachers Advisors LLC raised its stake in shares of YRC Worldwide by 1.0% during the 2nd 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 period. Finally, TIAA CREF Investment Management LLC raised its stake in shares of YRC Worldwide by 3.6% during the 2nd 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 period. Institutional investors own 84.62% 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.

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

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