Yrc Worldwide Insider Unloads $90,363 in Stock (YRCW)
Yrc Worldwide (NASDAQ:YRCW) Insider Scott D. Ware sold 4,009 shares of the stock on the open market in a transaction dated Thursday, January 30th. The stock was sold at an average price of $22.54, for a total value of $90,362.86. Following the completion of the transaction, the insider now directly owns 30,750 shares in the company, valued at approximately $693,105. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on YRCW shares. Analysts at Zacks upgraded shares of Yrc Worldwide from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 14th. They now have a $13.50 price target on the stock. Separately, analysts at BB&T Corp. downgraded shares of Yrc Worldwide from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, January 14th. Finally, analysts at BB&T Corp. cut their price target on shares of Yrc Worldwide to $20.00 in a research note to investors on Thursday, November 14th. They now have a “buy” rating on the stock. One research 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’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $20.17.
Shares of Yrc Worldwide (NASDAQ:YRCW) traded down 4.48% during mid-day trading on Friday, hitting $21.98. The stock had a trading volume of 1,146,367 shares. 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 $16.62 and its 200-day moving average is $16.68. The company’s market cap is $223.1 million.
Yrc Worldwide (NASDAQ:YRCW) last announced its earnings results on Thursday, November 7th. The company reported ($4.45) earnings per share for the quarter, missing the analysts’ 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 last year, the company posted ($4.30) earnings per share. Yrc Worldwide’s revenue was up 1.3% compared to the same quarter last year. Analysts expect that Yrc Worldwide will post $-11.26 EPS for the current fiscal year.
YRC Worldwide Inc (NASDAQ:YRCW) is a holding company.
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