YRC Worldwide Inc. (NASDAQ:YRCW) does about 3.55M shares in volume on a normal day but saw 4794898 shares change hands in Friday trading. The company now has a market cap of 269.60M USD and an enterprise value of about $1.21B. Its current market price is $4.87, marking a decrease of -3.75% compared to the previous close of $5.06. The 52 week high reached by this stock is $5.08 whilst the lowest price level in 52 weeks is $1.29. The script in recent trading has seen the stock touch a high of $5.649 and a low of $4.60.
YRC Worldwide Inc. (YRCW) has a 20-day trading average at $3.60 and the current price is -4.13% off the 52-week high compared with 277.52% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.89 and its 200-day simple moving average is $2.40. If we look at the stock’s price movements over the week, volatility stands at 10.64%, which decreases to 10.26% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 75.47 to suggest the stock is overbought.
3 analysts observing the YRC Worldwide Inc. (YRCW) stock have set the 12-month price targets for the company’s shares at between $4.00 and $12.00. The consensus objective for the share price is $8.00, suggesting that the stock has a potential upside of 39.13% over the period. The median price target is 39.13% away from the current levels at $8.00.
FactSet Research has provided data showing that 3 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 2 have advised that investors hold their positions. The consensus recommendation rating is Overweight and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on November 09, 2018 when Stifel downgraded the stock to “Hold” and issued a price target of. Deutsche Bank upgraded the stock to “Buy” from Hold on August 22, 2018 at a price target of $13. Stifel reiterated its price target at $17-$15.
The current price level is 39.79%, 71.96%, and 103.34% away from its SMA20, SMA50, and SMA200 respectively, with the YRCW price moving below the 50-day SMA on August 21. YRC Worldwide Inc. (YRCW) stock is up 15.68% over the week and 93.25% over the past month. Its price is 90.98% year-to-date and 109.01% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/29/2020, with the company’s earnings per share (EPS) of -$1.09 above consensus estimates by $0.29. YRCW’s earnings per share are forecast to grow by 49.20% this year and 85.50% over next year. Expected sales for next quarter are $1.14 billion, which analysts say will come at $4.51 billion for the current fiscal year and next year at $4.74 billion. In addition, estimates put the company’s current quarterly revenue at an average of $1.21 billion.
To reach the target analysts have set, the stock logically needs to grow 39.13 percent from here.
Outstanding shares total 53.28M with insiders holding 13.08% of the shares and institutional holders owning 72.03% of the company’s common stock. The company has a return on investment of 2.20% and return on equity of 14.90%. The beta has a value of 3.40. Price to sales ratio is 0.06.
According to a U.S. Securities and Exchange Commission filing, Tarkio Fund has reduced its position in YRC Worldwide Inc. (YRCW) to 1,094,400 shares, mirroring a recent drop by -27.77%. Tarkio Fund dumped -0.42 million shares of YRC Worldwide Inc. common stock bringing its total worth to about $2.98 million at the end of recent close, SEC documents show. Tarkio Fund isn’t the only investment manager who changed stakes and is followed by Vanguard Total Stock Market Index, which sold off 0.0 shares to end up with 1,017,816 shares worth $2.77 million. Invesco FTSE RAFI US 1500 Small M cut their holdings by -0.40% in the company over the course of the most recent quarter. It now holds a 2.34% position in YRC Worldwide Inc. thanks to 0.87 million shares amounting to $2.36 million.