The stock of YRC Worldwide Inc (NASDAQ:YRCW) is a huge mover today! About 482,645 shares traded hands. YRC Worldwide Inc (NASDAQ:YRCW) has risen 22.28% since April 27, 2016 and is uptrending. It has outperformed by 17.05% the S&P500.
The move comes after 7 months positive chart setup for the $419.23M company. It was reported on Nov, 30 by Barchart.com. We have $13.49 PT which if reached, will make NASDAQ:YRCW worth $25.15M 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 $987,973 for 106.08 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. The rating was upgraded by Stifel Nicolaus on Friday, October 30 to “Buy”. Raymond James upgraded YRC Worldwide Inc (NASDAQ:YRCW) on Wednesday, July 29 to “Strong Buy” rating. The firm has “Buy” rating given on Friday, July 31 by Deutsche Bank. Deutsche Bank initiated it with “Hold” rating and $11 target price in Wednesday, November 2 report.
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 is positive, 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.
Wedge Cap Management L L P Nc has 0% invested in the company for 10,382 shares. Weiss Multi holds 113,022 shares or 0.08% of its portfolio. Parallax Volatility Advisers L P accumulated 3 shares or 0% of the stock. Martingale Asset Mgmt Limited Partnership accumulated 0.02% or 107,319 shares. Manufacturers Life Ins Comm The accumulated 0% or 23,228 shares. Sphinx Trading Lp, a Illinois-based fund reported 53 shares. Millennium Ltd Liability has 152,000 shares for 0% of their US portfolio. Schwab Charles Invest Mngmt owns 364,344 shares or 0% of their US portfolio. Marshall Wace Llp has 0% invested in the company for 22,779 shares. Raymond James Associate last reported 236,480 shares in the company. Panagora Asset owns 512,483 shares or 0.02% of their US portfolio. The New York-based Tiaa Cref Management Limited Liability Com has invested 0% in YRC Worldwide Inc (NASDAQ:YRCW). Northern Tru Corp holds 334,024 shares or 0% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 630 shares in its portfolio. Trexquant Inv L P has 0.02% invested in the company for 15,678 shares.
Insider Transactions: Since August 2, 2016, the stock had 0 insider purchases, and 8 selling transactions for $1.86 million net activity. The insider Pierson Jamie G. sold $552,720. Hall Justin M. had sold 2,200 shares worth $25,410. Shares for $114,400 were sold by Ware Scott D.. 14,411 shares with value of $172,500 were sold by O’Connor Thomas Joseph III on Tuesday, August 9. $521,703 worth of YRC Worldwide Inc (NASDAQ:YRCW) shares were sold by WELCH JAMES L. $219,005 worth of YRC Worldwide Inc (NASDAQ:YRCW) shares were sold by Hawkins Darren.
More important 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 article titled: “Why YRC Worldwide Inc Shares Got Crushed”, Fool.com published: “Why YRC Worldwide Inc.’s Shares Jumped 18% Today” on July 29, 2016. More interesting news about YRC Worldwide Inc (NASDAQ:YRCW) was released by: Fool.com and their article: “Why YRC Worldwide Inc.’s Shares Rose Today” with publication date: April 29, 2016.
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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