Equities research analysts predict that YRC Worldwide Inc (NASDAQ:YRCW) will report sales of $1.22 billion for the current quarter, Zacks reports. Two analysts have provided estimates for YRC Worldwide’s earnings. YRC Worldwide reported sales of $1.15 billion during the same quarter last year, which indicates a positive year-over-year growth rate of 6.1%. The firm is expected to announce its next quarterly earnings report on Monday, February 5th.

On average, analysts expect that YRC Worldwide will report full year sales of $1.22 billion for the current fiscal year, with estimates ranging from $4.90 billion to $4.91 billion. For the next year, analysts expect that the company will report sales of $5.22 billion per share, with estimates ranging from $5.21 billion to $5.24 billion. Zacks’ sales calculations are an average based on a survey of research firms that follow YRC Worldwide.

A number of research analysts recently commented on YRCW shares. Zacks Investment Research cut YRC Worldwide from a “buy” rating to a “hold” rating in a report on Saturday, October 28th. ValuEngine cut YRC Worldwide from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Aegis reaffirmed a “buy” rating and set a $20.00 price objective on shares of YRC Worldwide in a research report on Saturday, September 16th. BidaskClub raised YRC Worldwide from a “hold” rating to a “buy” rating in a research report on Saturday, December 2nd. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $18.00 target price (down previously from $19.00) on shares of YRC Worldwide in a report on Thursday, October 19th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $16.00.

Shares of YRC Worldwide (NASDAQ:YRCW) traded up $0.40 during trading on Thursday, hitting $13.31. The stock had a trading volume of 829,800 shares, compared to its average volume of 726,000. YRC Worldwide has a fifty-two week low of $7.36 and a fifty-two week 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.

In other news, insider Justin M. Hall bought 5,000 shares of the 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 purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO James L. Welch sold 100,000 shares of YRC Worldwide stock in a transaction on Monday, November 13th. The shares were sold at an average price of $12.24, for a total transaction of $1,224,000.00. The disclosure for this sale can be found here. Company insiders own 3.70% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in YRCW. First Quadrant L P CA acquired a new position in shares of YRC Worldwide in the 3rd quarter valued at $132,000. Los Angeles Capital Management & Equity Research Inc. acquired a new position in shares of YRC Worldwide in the 3rd quarter valued at $150,000. Jane Street Group LLC acquired a new position in shares of YRC Worldwide in the 3rd quarter valued at $159,000. Boothbay Fund Management LLC acquired a new position in shares of YRC Worldwide in the 3rd quarter valued at $160,000. Finally, Marshall Wace North America L.P. acquired a new position in shares of YRC Worldwide in the 2nd quarter valued at $168,000. Institutional investors own 85.45% of the company’s stock.

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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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