Brokerages forecast that YRC Worldwide Inc (NASDAQ:YRCW) will announce earnings per share (EPS) of $0.07 for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for YRC Worldwide’s earnings, with the lowest EPS estimate coming in at ($0.01) and the highest estimate coming in at $0.11. YRC Worldwide posted earnings of ($0.23) per share in the same quarter last year, which suggests a positive year-over-year growth rate of 130.4%. The business is scheduled to announce its next quarterly earnings report on Monday, February 5th.

According to Zacks, analysts expect that YRC Worldwide will report full year earnings of $0.07 per share for the current year, with EPS estimates ranging from ($0.11) to $0.35. For the next fiscal year, analysts anticipate that the firm will report earnings of $1.39 per share, with EPS estimates ranging from $1.19 to $1.65. Zacks’ earnings per share averages are an average based on a survey of research firms that follow YRC Worldwide.

Several equities research analysts have recently commented on YRCW shares. Zacks Investment Research cut shares of YRC Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, October 28th. ValuEngine cut shares of YRC Worldwide from a “hold” rating to a “sell” rating in a research report on Friday. Aegis reissued a “buy” rating and set a $20.00 price target on shares of YRC Worldwide in a research report on Saturday, September 16th. BidaskClub raised shares of YRC Worldwide from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Stifel Nicolaus reissued a “buy” rating and set a $18.00 price target (down from $19.00) on shares of YRC Worldwide in a research report on Thursday, October 19th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $16.00.

In other YRC Worldwide news, Director William Robert Davidson sold 3,921 shares of YRC Worldwide stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $13.40, for a total value of $52,541.40. Following the completion of the transaction, the director now directly owns 30,195 shares of the company’s stock, valued at $404,613. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Justin M. Hall bought 5,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The stock was purchased at an average cost of $11.09 per share, with a total value of $55,450.00. The disclosure for this purchase can be found here. Company insiders own 3.70% of the company’s stock.

A number of institutional investors have recently modified their holdings of the business. GSA Capital Partners LLP raised its holdings in YRC Worldwide by 230.3% in the third quarter. GSA Capital Partners LLP now owns 79,294 shares of the transportation company’s stock worth $1,094,000 after buying an additional 55,284 shares during the last quarter. Algert Global LLC raised its holdings in YRC Worldwide by 88.7% in the third quarter. Algert Global LLC now owns 220,818 shares of the transportation company’s stock worth $3,047,000 after buying an additional 103,804 shares during the last quarter. California Public Employees Retirement System raised its holdings in YRC Worldwide by 7.2% in the third quarter. California Public Employees Retirement System now owns 143,892 shares of the transportation company’s stock worth $1,986,000 after buying an additional 9,692 shares during the last quarter. Highbridge Capital Management LLC purchased a new position in YRC Worldwide in the third quarter worth about $958,000. Finally, Jane Street Group LLC bought a new stake in shares of YRC Worldwide in the third quarter worth approximately $159,000. 85.45% of the stock is owned by institutional investors and hedge funds.

Shares of YRC Worldwide (YRCW) opened at $12.97 on Tuesday. YRC Worldwide has a 12-month low of $7.36 and a 12-month high of $16.97. The company has a debt-to-equity ratio of -2.26, a quick ratio of 1.39 and a current ratio of 1.39.

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YRC Worldwide Company Profile

YRC Worldwide Inc is a holding company. The Company, through its subsidiaries, offers its customers a range of transportation services. The Company operates through two segments: YRC Freight and Regional Transportation. The Company has less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities.

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Earnings History and Estimates for YRC Worldwide (NASDAQ:YRCW)

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