Yrc Worldwide Downgraded to Hold at BB&T Corp. (YRCW)
Yrc Worldwide (NASDAQ:YRCW) was downgraded by research analysts at BB&T Corp. from a “buy” rating to a “hold” rating in a report released on Tuesday, TheFlyOnTheWall.com reports.
Yrc Worldwide (NASDAQ:YRCW) traded up 1.19% on Tuesday, hitting $12.78. 946,248 shares of the company’s stock traded hands. Yrc Worldwide has a one year low of $5.75 and a one year high of $36.99. The stock’s 50-day moving average is $13. and its 200-day moving average is $17.61. The company’s market cap is $129.7 million.
Yrc Worldwide (NASDAQ:YRCW) last released its earnings data on Thursday, November 7th. The company reported ($4.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.46) by $3.99. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter in the previous year, the company posted ($4.30) earnings per share. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. On average, analysts predict that Yrc Worldwide will post $-11.31 earnings per share for the current fiscal year.
Separately, analysts at Zacks downgraded shares of Yrc Worldwide from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, October 22nd. They now have a $10.10 price target on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $20.17.
YRC Worldwide Inc (NASDAQ:YRCW) is a holding company.
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