Deutsche Bank set a $8.00 target price on YRC Worldwide (NASDAQ:YRCW) in a report issued on Monday morning, Stock Target Advisor reports. The firm currently has a buy rating on the transportation company’s stock.

YRCW has been the subject of several other reports. TheStreet lowered shares of YRC Worldwide from a c rating to a d+ rating in a research report on Wednesday, May 15th. ValuEngine upgraded shares of YRC Worldwide from a sell rating to a hold rating in a research report on Tuesday, April 9th. Zacks Investment Research lowered shares of YRC Worldwide from a buy rating to a hold rating in a research report on Saturday, April 13th. Stephens set a $5.00 target price on shares of YRC Worldwide and gave the stock a hold rating in a research report on Friday, March 22nd. Finally, BidaskClub lowered shares of YRC Worldwide from a buy rating to a hold rating in a research report on Friday, March 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of $7.85.

YRCW opened at $4.74 on Monday. The firm has a market cap of $181.50 million, a PE ratio of 10.53 and a beta of 4.69. YRC Worldwide has a one year low of $2.41 and a one year high of $11.76.

YRC Worldwide (NASDAQ:YRCW) last released its quarterly earnings results on Wednesday, May 8th. The transportation company reported ($1.48) EPS for the quarter, missing analysts’ consensus estimates of ($0.73) by ($0.75). The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.19 billion. YRC Worldwide had a negative net margin of 0.20% and a negative return on equity of 1.93%. The firm’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter last year, the firm earned ($0.44) earnings per share. As a group, sell-side analysts anticipate that YRC Worldwide will post -0.34 earnings per share for the current fiscal year.

Large investors have recently made changes to their positions in the stock. MetLife Investment Advisors LLC bought a new position in YRC Worldwide in the first quarter worth about $108,000. Metropolitan Life Insurance Co NY bought a new position in YRC Worldwide in the first quarter worth about $77,000. Oxford Asset Management LLP bought a new position in YRC Worldwide in the first quarter worth about $458,000. Ellington Management Group LLC bought a new position in YRC Worldwide in the first quarter worth about $266,000. Finally, Geode Capital Management LLC raised its stake in YRC Worldwide by 14.5% in the first quarter. Geode Capital Management LLC now owns 415,444 shares of the transportation company’s stock worth $2,778,000 after buying an additional 52,618 shares in the last quarter. Institutional investors own 74.60% of the company’s stock.

YRC Worldwide Company Profile

YRC Worldwide Inc, through its subsidiaries, provides a range of transportation services primarily in North America. The company operates in two segments, YRC Freight and Regional Transportation. The 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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Analyst Recommendations for YRC Worldwide (NASDAQ:YRCW)

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