YRC Worldwide (YRCW) Given a $5.00 Price Target at Stephens

Stephens set a $5.00 price target on YRC Worldwide (NASDAQ:YRCW) in a research report sent to investors on Friday. The firm currently has a hold rating on the transportation company’s stock.

Several other research analysts also recently weighed in on YRCW. Zacks Investment Research upgraded shares of YRC Worldwide from a strong sell rating to a hold rating in a report on Saturday, January 19th. BidaskClub downgraded shares of YRC Worldwide from a buy rating to a hold rating in a report on Friday, March 1st. ValuEngine downgraded shares of YRC Worldwide from a sell rating to a strong sell rating in a report on Saturday, December 15th. Loop Capital lowered their price objective on shares of YRC Worldwide to $11.00 and set a buy rating on the stock in a report on Tuesday, December 11th. They noted that the move was a valuation call. Finally, TheStreet upgraded shares of YRC Worldwide from a d rating to a c- rating in a report on Friday, February 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of $9.00.

Shares of YRC Worldwide stock remained flat at $$6.65 during trading on Friday. 1,337,544 shares of the company were exchanged, compared to its average volume of 924,195. YRC Worldwide has a 52 week low of $2.41 and a 52 week high of $11.76. The firm has a market cap of $225.06 million, a P/E ratio of 14.78 and a beta of 4.79.

YRC Worldwide (NASDAQ:YRCW) last released its quarterly earnings data on Thursday, January 31st. The transportation company reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.59. YRC Worldwide had a net margin of 0.48% and a negative return on equity of 1.93%. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.24 billion. As a group, analysts predict that YRC Worldwide will post 0.75 EPS for the current year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Allied Advisory Services Inc. bought a new stake in shares of YRC Worldwide in the 4th quarter worth $35,000. Stone Ridge Asset Management LLC bought a new stake in shares of YRC Worldwide in the 4th quarter worth $52,000. Jane Street Group LLC bought a new stake in shares of YRC Worldwide in the 3rd quarter worth $204,000. Annex Advisory Services LLC bought a new stake in shares of YRC Worldwide in the 4th quarter worth $90,000. Finally, Wedbush Securities Inc. bought a new stake in shares of YRC Worldwide in the 4th quarter worth $95,000. Hedge funds and other institutional investors own 71.75% of the company’s stock.

About YRC Worldwide

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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