YRC Worldwide Inc (NASDAQ:YRCW) – Investment analysts at Seaport Global Securities cut their Q2 2019 earnings per share (EPS) estimates for shares of YRC Worldwide in a research note issued on Wednesday, May 22nd. Seaport Global Securities analyst K. Sterling now forecasts that the transportation company will post earnings per share of $0.13 for the quarter, down from their previous forecast of $0.23. Seaport Global Securities has a “Neutral” rating on the stock. Seaport Global Securities also issued estimates for YRC Worldwide’s Q4 2019 earnings at $0.12 EPS and Q4 2020 earnings at $0.20 EPS.

YRC Worldwide (NASDAQ:YRCW) last posted its 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 company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.19 billion. YRC Worldwide had a negative return on equity of 1.93% and a negative net margin of 0.20%. The firm’s revenue was down 2.7% compared to the same quarter last year. During the same period last year, the company posted ($0.44) EPS.

Other research analysts have also recently issued research reports about the stock. TheStreet cut shares of YRC Worldwide from a “c” rating to a “d+” rating in a report on Wednesday, May 15th. Stephens set a $5.00 target price on shares of YRC Worldwide and gave the company a “hold” rating in a research report on Friday, March 22nd. BidaskClub downgraded shares of YRC Worldwide from a “buy” rating to a “hold” rating in a research report on Tuesday, April 30th. Zacks Investment Research raised shares of YRC Worldwide from a “hold” rating to a “buy” rating and set a $8.50 target price for the company in a research report on Friday, April 19th. Finally, ValuEngine raised shares of YRC Worldwide from a “sell” rating to a “hold” rating in a research report on Tuesday, April 9th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $7.85.

YRCW stock opened at $4.74 on Friday. The stock has a market capitalization of $181.50 million, a PE ratio of 10.53 and a beta of 4.69. YRC Worldwide has a 12 month low of $2.41 and a 12 month high of $11.76.

A number of large investors have recently modified their holdings of the business. AQR Capital Management LLC raised its stake in shares of YRC Worldwide by 32.5% during the 3rd quarter. AQR Capital Management LLC now owns 55,160 shares of the transportation company’s stock worth $495,000 after purchasing an additional 13,519 shares during the period. Boston Partners lifted its position in YRC Worldwide by 68.9% in the fourth quarter. Boston Partners now owns 1,664,388 shares of the transportation company’s stock valued at $5,243,000 after purchasing an additional 678,706 shares during the last quarter. Alambic Investment Management L.P. raised its holdings in shares of YRC Worldwide by 3,366.7% during the fourth quarter. Alambic Investment Management L.P. now owns 695,767 shares of the transportation company’s stock valued at $2,192,000 after acquiring an additional 675,697 shares in the last quarter. Stone Ridge Asset Management LLC purchased a new stake in YRC Worldwide in the fourth quarter worth $52,000. Finally, SG Americas Securities LLC purchased a new stake in shares of YRC Worldwide in the fourth quarter worth $98,000. Institutional investors and hedge funds 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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Earnings History and Estimates for YRC Worldwide (NASDAQ:YRCW)

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