Yrc Worldwide Stock Rating Upgraded by Wolfe Research (YRCW)
Yrc Worldwide (NASDAQ:YRCW) was upgraded by analysts at Wolfe Research from an “underperform” rating to a “market perform” rating in a research report issued to clients and investors on Tuesday, TheFlyOnTheWall.com reports.
Separately, analysts at BB&T Corp. upgraded shares of Yrc Worldwide from a “hold” rating to a “buy” rating in a research note on Friday. They now have a $40.00 price target on the stock.
Yrc Worldwide (NASDAQ:YRCW) opened at 28.11 on Tuesday. Yrc Worldwide has a 52 week low of $7.06 and a 52 week high of $36.99. The stock has a 50-day moving average of $23.46 and a 200-day moving average of $21.0. The company’s market cap is $878.9 million.
Yrc Worldwide (NASDAQ:YRCW) last announced its earnings results on Thursday, May 1st. The company reported ($3.95) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($1.12) by $2.83. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the prior year, the company posted ($2.93) earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis. On average, analysts predict that Yrc Worldwide will post $-3.19 earnings per share for the current fiscal year.
YRC Worldwide Inc (NASDAQ:YRCW) is a holding company.
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