YRC Worldwide (YRCW) Getting Somewhat Favorable Media Coverage, Study Finds

Press coverage about YRC Worldwide (NASDAQ:YRCW) has been trending somewhat positive on Monday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. YRC Worldwide earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the transportation company an impact score of 45.9093676041568 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

A number of brokerages have weighed in on YRCW. Zacks Investment Research upgraded YRC Worldwide from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research note on Sunday. Stifel Nicolaus reiterated a “buy” rating and issued a $18.00 price objective (down previously from $19.00) on shares of YRC Worldwide in a research note on Thursday, October 19th. BidaskClub upgraded YRC Worldwide from a “hold” rating to a “buy” rating in a research note on Saturday, December 2nd. ValuEngine raised YRC Worldwide from a “sell” rating to a “hold” rating in a report on Thursday. Finally, Stephens reissued a “buy” rating and issued a $19.00 target price on shares of YRC Worldwide in a report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. YRC Worldwide currently has an average rating of “Buy” and an average target price of $17.60.

YRC Worldwide (NASDAQ YRCW) traded up $0.72 during trading hours on Monday, hitting $17.01. The stock had a trading volume of 698,900 shares, compared to its average volume of 573,908. The firm has a market capitalization of $570.15, a price-to-earnings ratio of -48.60 and a beta of 3.73. The company has a debt-to-equity ratio of -2.26, a quick ratio of 1.39 and a current ratio of 1.39. YRC Worldwide has a 1-year low of $7.36 and a 1-year high of $17.08.

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

In related news, Director William Robert Davidson sold 3,921 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $13.40, for a total transaction of $52,541.40. Following the transaction, the director now 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 is available at this hyperlink. Also, insider Justin M. Hall acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The shares were acquired at an average cost of $11.09 per share, for a total transaction of $55,450.00. The disclosure for this purchase can be found here. Insiders own 3.70% of the company’s stock.

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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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