YRC Worldwide Inc (NASDAQ:YRCW) insider Scott D. Ware sold 14,000 shares of the company’s stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $8.61, for a total transaction of $120,540.00. Following the completion of the sale, the insider now directly owns 39,095 shares of the company’s stock, valued at approximately $336,607.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of YRC Worldwide Inc (NASDAQ YRCW) traded down $0.04 during midday trading on Wednesday, reaching $9.72. 530,677 shares of the company’s stock were exchanged, compared to its average volume of 1,070,000. YRC Worldwide Inc has a 52 week low of $7.36 and a 52 week high of $17.61. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of -2.48. The firm has a market cap of $325.73, a P/E ratio of -28.59 and a beta of 4.19.
YRC Worldwide (NASDAQ:YRCW) last issued its quarterly earnings results on Thursday, February 1st. The transportation company reported ($0.23) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.26). YRC Worldwide had a negative net margin of 0.22% and a negative return on equity of 1.31%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the company posted ($0.23) earnings per share. YRC Worldwide’s revenue was up 5.3% compared to the same quarter last year. sell-side analysts anticipate that YRC Worldwide Inc will post 1.1 EPS for the current year.
Several research firms recently weighed in on YRCW. Zacks Investment Research raised shares of YRC Worldwide from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Sunday, January 21st. Seaport Global Securities reaffirmed a “neutral” rating on shares of YRC Worldwide in a report on Friday, February 2nd. BidaskClub raised shares of YRC Worldwide from a “hold” rating to a “buy” rating in a report on Saturday, December 2nd. ValuEngine downgraded shares of YRC Worldwide from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. Finally, Stephens reissued a “buy” rating and issued a $19.00 price target on shares of YRC Worldwide in a report on Tuesday, January 2nd. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $18.00.
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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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