BidaskClub upgraded shares of YRC Worldwide (NASDAQ:YRCW) from a buy rating to a strong-buy rating in a research report released on Saturday.

A number of other equities research analysts have also recently weighed in on YRCW. Aegis reiterated a buy rating and issued a $20.00 price objective on shares of YRC Worldwide in a research note on Saturday, September 16th. Zacks Investment Research upgraded YRC Worldwide from a hold rating to a buy rating and set a $14.00 price objective for the company in a research note on Wednesday, October 18th. 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. ValuEngine cut YRC Worldwide from a hold rating to a sell rating in a research note on Thursday, October 26th. Finally, Stephens reiterated a buy rating and issued a $19.00 price objective on shares of YRC Worldwide in a research note on Tuesday, January 2nd. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $16.60.

Shares of YRC Worldwide (NASDAQ:YRCW) traded down $0.17 during midday trading on Friday, reaching $15.55. The company’s stock had a trading volume of 388,996 shares, compared to its average volume of 391,238. 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 one year low of $7.36 and a one year high of $15.80. The stock has a market capitalization of $521.20, a PE ratio of -44.43 and a beta of 3.73.

YRC Worldwide (NASDAQ:YRCW) last issued its quarterly earnings data on Thursday, November 2nd. The transportation company reported $0.22 earnings per share 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%. equities analysts predict that YRC Worldwide will post 0.05 EPS for the current year.

In related news, insider Justin M. Hall bought 5,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were acquired at an average price of $11.09 per share, with a total value of $55,450.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William Robert Davidson sold 3,921 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $13.40, for a total value of $52,541.40. Following the completion of the transaction, the director now directly owns 30,195 shares in the company, valued at approximately $404,613. The disclosure for this sale can be found here. Insiders own 3.70% of the company’s stock.

Several large investors have recently added to or reduced their stakes in YRCW. Schwab Charles Investment Management Inc. increased its holdings in shares of YRC Worldwide by 27.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 228,829 shares of the transportation company’s stock valued at $2,545,000 after purchasing an additional 49,092 shares during the period. Rhumbline Advisers grew its holdings in YRC Worldwide by 2.2% during the second quarter. Rhumbline Advisers now owns 39,456 shares of the transportation company’s stock worth $439,000 after acquiring an additional 850 shares during the period. Bank of New York Mellon Corp grew its holdings in YRC Worldwide by 1.6% during the second quarter. Bank of New York Mellon Corp now owns 204,280 shares of the transportation company’s stock worth $2,272,000 after acquiring an additional 3,222 shares during the period. Marshall Wace North America L.P. acquired a new position in YRC Worldwide during the second quarter worth $168,000. Finally, Engineers Gate Manager LP acquired a new position in YRC Worldwide during the second quarter worth $301,000. 85.39% of the stock is currently owned by institutional investors and hedge funds.

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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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