YRC Worldwide (NASDAQ:YRCW)‘s stock had its “buy” rating restated by equities research analysts at Stifel Nicolaus in a note issued to investors on Thursday. They currently have a $21.00 target price on the transportation company’s stock. Stifel Nicolaus’ price target indicates a potential upside of 28.91% from the company’s current price.

Several other brokerages have also weighed in on YRCW. Zacks Investment Research lowered YRC Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, October 28th. Stephens reissued a “buy” rating and set a $19.00 target price on shares of YRC Worldwide in a research report on Tuesday, January 2nd. ValuEngine lowered YRC Worldwide from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Finally, BidaskClub raised YRC Worldwide from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $17.20.

Shares of YRC Worldwide (NASDAQ YRCW) traded up $0.78 during midday trading on Thursday, hitting $16.29. The stock had a trading volume of 802,841 shares, compared to its average volume of 513,935. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of -2.26. YRC Worldwide has a 1-year low of $7.36 and a 1-year high of $16.37. The firm has a market cap of $546.01, a price-to-earnings ratio of -46.54 and a beta of 3.73.

YRC Worldwide (NASDAQ:YRCW) last issued its earnings results on Thursday, November 2nd. The transportation company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.06). YRC Worldwide had a negative return on equity of 0.70% and a negative net margin of 0.22%. sell-side analysts forecast that YRC Worldwide will post 0.05 earnings per share for the current year.

In other news, insider Justin M. Hall purchased 5,000 shares of the business’s stock in a transaction on Thursday, November 16th. The shares were bought at an average price of $11.09 per share, with a total value of $55,450.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO James L. Welch sold 100,000 shares of YRC Worldwide stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $12.24, for a total value of $1,224,000.00. The disclosure for this sale can be found here. Insiders own 3.70% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in YRC Worldwide by 4.6% during the second quarter. Vanguard Group Inc. now owns 2,274,046 shares of the transportation company’s stock worth $25,287,000 after buying an additional 99,353 shares during the period. JPMorgan Chase & Co. increased its position in YRC Worldwide by 11.6% during the first quarter. JPMorgan Chase & Co. now owns 1,739,045 shares of the transportation company’s stock worth $19,147,000 after buying an additional 180,327 shares during the period. Dimensional Fund Advisors LP increased its position in YRC Worldwide by 0.8% during the third quarter. Dimensional Fund Advisors LP now owns 1,596,476 shares of the transportation company’s stock worth $22,031,000 after buying an additional 13,354 shares during the period. FMR LLC increased its position in YRC Worldwide by 31.3% during the first quarter. FMR LLC now owns 1,298,232 shares of the transportation company’s stock worth $14,294,000 after buying an additional 309,400 shares during the period. Finally, Northpointe Capital LLC increased its position in YRC Worldwide by 6.5% during the third quarter. Northpointe Capital LLC now owns 1,263,554 shares of the transportation company’s stock worth $17,437,000 after buying an additional 77,521 shares during the period. 85.39% of the stock is currently owned by institutional investors.

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About YRC Worldwide

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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