The YRC Worldwide Inc. (NASDAQ:YRCW) is going down by -8.03% in today’s trading session, a fall equivalent to -0.31% of the stock’s price from yesterday’s market close. A news came out on 11/06/19 stating that Holland Professional Driver Dan Runice Surpasses 3-Million-Mile Safety Milestone by WSJ. The lowest point that the shares touched during the trading session was $3.70, while the peak of the day was recorded at a share price of $4.09. YRCW finished the previous session at $3.80 according to the data provided by Barchart, while the trading volume was observed to be $716376.
In the 100 days of trading, YRCW managed to top a 3.41% Moving average. Additionally, YRC Worldwide Inc. shares have achieved a 52-week range between 1.95 and 8.67 alongside 100 days raw stochastic set at 55.74%.
The number of shares outstanding, according to the fundamentals of the company, is set at 37.44M, equal to the value of $142.27M in market capitalization. In the last 30 days, YRC Worldwide Inc. shares went down by -26.24%, adding 4.79 to growth in value, on top of a +8.05% boost since 10/11/19.
YRC Worldwide Inc. (NASDAQ:YRCW) Analyst’s Estimates
YRC Worldwide Inc. (YRCW) could record at least -$0.31 per share in quarterly earnings in the upcoming report on 01/30/2020, a number that would actually represent a decrease of -0.06 YOY.
According to the average analyst rating, YRC Worldwide Inc. would be rated as Overweight. Out of 6 different analysts monitoring YRCW stock, 2 analysts rate the stock as a BUY, 4 suggest to give the rating of HOLD, 0 indicate that YRCW is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On November 09, 2018, the stock earned a Downgrade rating due to a new analyst call from Stifel, while analysts from Deutsche Bank believe that the stock is set at Buy from Hold, as concluded on August 22, 2018. Stifel, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on August 03, 2018.
Regardless of the rating, Stifel did decrease their price from $19 to $18 as they are considering target share price analysis. Stifel, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on January 26, 2017, giving the stock a Buy rating.
YRCW Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +2.40% has been attained, while the operating margin has been recorded at +2.40%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 1.20%. Beta value of the stock is recorded at 4.68. Additionally, YRC Worldwide Inc. is recording price volatility of 6.61% for the period of the last seven days and 9.49% in the last 30 days.
YRC Worldwide Inc. (NASDAQ:YRCW) Technical Outlook
For the period of the last 50 days, YRC Worldwide Inc. had its Raw Stochastic average set at 54.13% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 17.31%. Stochastic %K for YRC Worldwide Inc., with the last 20 days included, was set at 36.25%, having Stochastic %D topping 51.26%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for YRC Worldwide Inc. stocks with recording 20.63% in metrics.
YRC Worldwide Inc. Insider Watch:
Similarly, 71.43% of the company’s float is held by institutions – and there are 164 institutions in total holding shares of this company. The top three institutional holders of YRCW stocks are: Russell Investments Group, Ltd. with ownership of $11.0 million, which is approximately 3861887 of the company’s shares; Front Street Capital Management, Inc., holding 3500762 shares of the stock with an approximate value of $14.0 million; and Blackrock Inc., currently with more than 2538223 shares of the company valued at $7.0 million. Positions in YRC Worldwide Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 12 insider purchases amounting to 1232304 shares.