YRC Worldwide (NASDAQ:YRCW) was downgraded by investment analysts at BidaskClub from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

A number of other analysts have also commented on YRCW. Zacks Investment Research upgraded shares of YRC Worldwide from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research note on Wednesday, October 18th. 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 research note on Thursday, October 19th. ValuEngine lowered shares of YRC Worldwide from a “hold” rating to a “sell” rating in a research note on Thursday, October 26th. Finally, Stephens restated a “buy” rating and set a $19.00 price target on shares of YRC Worldwide in a research note on Tuesday, January 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. YRC Worldwide has a consensus rating of “Hold” and a consensus target price of $18.00.

Shares of YRC Worldwide (YRCW) opened at $9.88 on Tuesday. The firm has a market cap of $331.16, a price-to-earnings ratio of -28.23 and a beta of 3.86. 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 one year low of $7.36 and a one year 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 the Zacks’ consensus estimate of $0.03 by ($0.26). The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.22 billion. YRC Worldwide had a negative net margin of 0.22% and a negative return on equity of 1.26%. The business’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.23) EPS. analysts expect that YRC Worldwide will post 1.3 earnings per share for the current fiscal year.

In other YRC Worldwide news, insider Justin M. Hall purchased 5,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The stock was acquired at an average price of $11.09 per share, for a total transaction of $55,450.00. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 3.70% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. First Quadrant L P CA purchased a new position in YRC Worldwide during the 3rd quarter worth $132,000. Los Angeles Capital Management & Equity Research Inc. purchased a new position in YRC Worldwide during the 3rd quarter worth $150,000. Jane Street Group LLC purchased a new position in YRC Worldwide during the 3rd quarter worth $159,000. Boothbay Fund Management LLC purchased a new position in YRC Worldwide during the 3rd quarter worth $160,000. Finally, Teacher Retirement System of Texas purchased a new position in YRC Worldwide during the 4th quarter worth $163,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

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About YRC Worldwide

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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