YRC Worldwide (YRCW) PT Set at $5.00 by Stephens

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

A number of other equities analysts have also weighed in on YRCW. Loop Capital cut their target price on shares of YRC Worldwide to $11.00 and set a buy rating for the company in a research report on Tuesday, December 11th. They noted that the move was a valuation call. ValuEngine lowered shares of YRC Worldwide from a sell rating to a strong sell rating in a research report on Saturday, December 15th. Zacks Investment Research upgraded shares of YRC Worldwide from a strong sell rating to a hold rating in a research report on Saturday, January 19th. TheStreet upgraded shares of YRC Worldwide from a d rating to a c- rating in a research report on Friday, February 1st. 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, four have assigned a hold rating and two have issued a buy rating to the stock. YRC Worldwide has a consensus rating of Hold and a consensus price target of $9.00.

NASDAQ:YRCW remained flat at $$6.65 on Friday. 1,337,544 shares of the company’s stock were exchanged, compared to its average volume of 924,195. The company has a market capitalization of $225.06 million, a price-to-earnings ratio of 14.78 and a beta of 4.79. YRC Worldwide has a 12-month low of $2.41 and a 12-month high of $11.76.

YRC Worldwide (NASDAQ:YRCW) last issued its earnings results on Thursday, January 31st. The transportation company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.59. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.24 billion. YRC Worldwide had a net margin of 0.48% and a negative return on equity of 1.93%. Analysts anticipate that YRC Worldwide will post 0.75 earnings per share for the current fiscal year.

Several institutional investors have recently made changes to their positions in the company. Northern Trust Corp lifted its holdings in shares of YRC Worldwide by 2.0% in the second quarter. Northern Trust Corp now owns 375,291 shares of the transportation company’s stock worth $3,771,000 after buying an additional 7,525 shares in the last quarter. Martingale Asset Management L P lifted its holdings in shares of YRC Worldwide by 7.7% in the third quarter. Martingale Asset Management L P now owns 124,642 shares of the transportation company’s stock worth $1,120,000 after buying an additional 8,958 shares in the last quarter. IndexIQ Advisors LLC lifted its holdings in shares of YRC Worldwide by 3.9% in the third quarter. IndexIQ Advisors LLC now owns 257,446 shares of the transportation company’s stock worth $2,312,000 after buying an additional 9,723 shares in the last quarter. First Allied Advisory Services Inc. purchased a new stake in shares of YRC Worldwide in the fourth quarter worth about $35,000. Finally, AQR Capital Management LLC lifted its holdings in shares of YRC Worldwide by 32.5% in the third quarter. AQR Capital Management LLC now owns 55,160 shares of the transportation company’s stock worth $495,000 after buying an additional 13,519 shares in the last quarter. 71.75% of the stock is currently owned by hedge funds and other institutional investors.

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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