YRC Worldwide Inc. (NASDAQ:YRCW) rose 2.6% on Friday . The company traded as high as $10.09 and last traded at $10.02, with a volume of 479,017 shares changing hands. The stock had previously closed at $9.77.

YRCW has been the subject of a number of recent research reports. Zacks Investment Research raised YRC Worldwide from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 12th. Stifel Nicolaus reissued a “buy” rating and issued a $14.00 target price on shares of YRC Worldwide in a research note on Monday, June 27th. Finally, Deutsche Bank AG set a $13.00 price target on YRC Worldwide and gave the company a “buy” rating in a research report on Thursday.

The firm has a market capitalization of $329.90 million and a price-to-earnings ratio of 31.79. The company’s 50-day moving average price is $9.35 and its 200-day moving average price is $9.23.

YRC Worldwide (NASDAQ:YRCW) last posted its quarterly earnings results on Thursday, April 28th. The company reported ($0.37) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.38) by $0.01. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the prior year, the business earned ($0.70) earnings per share. YRC Worldwide’s revenue was down 5.6% compared to the same quarter last year. On average, equities research analysts forecast that YRC Worldwide Inc. will post $0.78 earnings per share for the current fiscal year.

Several hedge funds and institutional investors have recently modified their holdings of YRCW. Marshall Wace LLP raised its position in shares of YRC Worldwide by 452.6% in the fourth quarter. Marshall Wace LLP now owns 513,700 shares of the company’s stock worth $7,284,000 after buying an additional 420,733 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of YRC Worldwide by 81.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 742,968 shares of the company’s stock worth $10,535,000 after buying an additional 333,521 shares during the last quarter. Nationwide Fund Advisors raised its position in shares of YRC Worldwide by 796.8% in the fourth quarter. Nationwide Fund Advisors now owns 191,341 shares of the company’s stock worth $2,713,000 after buying an additional 170,005 shares during the last quarter. Finally, California Public Employees Retirement System raised its position in shares of YRC Worldwide by 20.6% in the fourth quarter. California Public Employees Retirement System now owns 284,300 shares of the company’s stock worth $4,031,000 after buying an additional 48,500 shares during the last quarter.

YRC Worldwide Inc (YRC Worldwide) is a holding company that, through its subsidiaries and its interest in a Chinese joint venture, offers a range of transportation services. The Company has a less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.