The stock of YRC Worldwide Inc (NASDAQ:YRCW) is a huge mover today! About 452,992 shares traded hands. YRC Worldwide Inc (NASDAQ:YRCW) has risen 28.07% since April 21, 2016 and is uptrending. It has outperformed by 22.74% the S&P500.
The move comes after 6 months positive chart setup for the $435.96M company. It was reported on Nov, 23 by Barchart.com. We have $13.86 PT which if reached, will make NASDAQ:YRCW worth $39.24 million more.
Analysts await YRC Worldwide Inc (NASDAQ:YRCW) to report earnings on February, 2. They expect $0.03 EPS, down 83.33% or $0.15 from last year’s $0.18 per share. YRCW’s profit will be $1.03 million for 106.00 P/E if the $0.03 EPS becomes a reality. After $0.42 actual EPS reported by YRC Worldwide Inc for the previous quarter, Wall Street now forecasts -92.86% negative EPS growth.
YRC Worldwide Inc (NASDAQ:YRCW) Ratings Coverage
Out of 2 analysts covering YRC Worldwide Inc (NASDAQ:YRCW), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. YRC Worldwide Inc has been the topic of 6 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Deutsche Bank initiated YRC Worldwide Inc (NASDAQ:YRCW) rating on Wednesday, November 2. Deutsche Bank has “Hold” rating and $11 price target. The firm has “Strong Buy” rating given on Wednesday, July 29 by Raymond James. The firm has “Buy” rating by Stifel Nicolaus given on Friday, October 30. The company was maintained on Friday, July 31 by Deutsche Bank.
According to Zacks Investment Research, “YRC Worldwide Inc., headquartered in Overland Park, Kan., is the holding company for a portfolio of less-than-truckload (LTL) companies including YRC Freight, YRC Reimer, Holland, Reddaway, and New Penn. Collectively, YRC Worldwide companies have one of the largest, most comprehensive LTL networks in North America with local, regional, national and international capabilities.”
Insitutional Activity: The institutional sentiment increased to 1.21 in 2016 Q2. Its up 0.19, from 1.02 in 2016Q1. The ratio improved, as 16 funds sold all YRC Worldwide Inc shares owned while 39 reduced positions. 14 funds bought stakes while 42 increased positions. They now own 25.08 million shares or 7.30% less from 27.05 million shares in 2016Q1.
Guggenheim Capital Limited Liability accumulated 121,290 shares or 0% of the stock. Teacher Retirement Sys Of Texas accumulated 3,912 shares or 0% of the stock. Lasry Marc holds 9.88% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW) for 4.80M shares. Weiss Multi holds 0.08% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW) for 113,022 shares. North Star Inv Mgmt Corp has 5 shares for 0% of their US portfolio. Creative Planning reported 732 shares or 0% of all its holdings. Spot Trading Ltd Liability Corporation, a Illinois-based fund reported 125 shares. Blackrock Group has invested 0% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW). Wedge Capital Management L Lp Nc, a North Carolina-based fund reported 10,382 shares. Parametric Port Assocs Ltd Liability has invested 0% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW). Highbridge Cap Mgmt Limited Liability Corporation last reported 23,466 shares in the company. Ramsey Asset Management reported 352,658 shares or 6.05% of all its holdings. Gsa Capital Prns Ltd Liability Partnership, a United Kingdom-based fund reported 205,957 shares. The New York-based Pomelo Capital Limited Co has invested 0.02% in YRC Worldwide Inc (NASDAQ:YRCW). Raymond James Services Advisors Inc has 0.01% invested in the company for 77,210 shares.
Insider Transactions: Since August 2, 2016, the stock had 0 buys, and 8 sales for $1.86 million net activity. Hall Justin M. sold $25,410 worth of stock. $172,500 worth of YRC Worldwide Inc (NASDAQ:YRCW) shares were sold by O’Connor Thomas Joseph III. Shares for $521,703 were sold by WELCH JAMES L on Friday, August 5. Shares for $552,720 were sold by Pierson Jamie G. on Friday, August 12. On Thursday, August 18 the insider Ware Scott D. sold $114,400. $219,005 worth of YRC Worldwide Inc (NASDAQ:YRCW) shares were sold by Hawkins Darren.
More recent YRC Worldwide Inc (NASDAQ:YRCW) news were published by: Fool.com which released: “Why YRC Worldwide Inc.’s Shares Plunged 23% Today” on October 28, 2016. Also Fool.com published the news titled: “Why YRC Worldwide Inc Shares Got Crushed” on February 05, 2016. Nasdaq.com‘s news article titled: “YRC Worldwide Inc. Profit Retreats 9% In Q3” with publication date: October 27, 2016 was also an interesting one.
YRCW Company Profile
YRC Worldwide Inc. (YRC Worldwide), incorporated on January 28, 1983, is a holding firm that, through its subsidiaries and its interest in a Chinese joint venture, JHJ International Transportation Company, Ltd., offers a range of transportation services. The Firm has a less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities. It offers supply chain solutions enabling clients to ship industrial, commercial and retail goods. The Firm operates through two divisions: YRC Freight and Regional Transportation.
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