Somewhat Positive Media Coverage Somewhat Unlikely to Impact YRC Worldwide (YRCW) Stock Price
Media headlines about YRC Worldwide (NASDAQ:YRCW) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. YRC Worldwide earned a news impact score of 0.13 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 45.8458093388554 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern’s rankings:
- Are Analysts Bullish YRC Worldwide Inc. (NASDAQ:YRCW) After … – NMSU Hеrаld (nmsuherald.com)
- Technical data gathered from YRC Worldwide Inc. (YRCW) – Wall Street Morning (wallstreetmorning.com)
- Investor’s Roundup (Intraday Analysis) – YRC Worldwide Inc (NASDAQ: YRCW) – Stocks Pen (stockspen.com)
- YRC Worldwide Inc., (NASDAQ: YRCW) – Trending Hot Stock’s Analysis – Stock Watch (stocksnewstimes.com)
- YRC Worldwide Provides Quarter-To-Date Operating Data for First Quarter 2018 – GlobeNewswire (press release) (globenewswire.com)
YRCW has been the subject of several research analyst reports. ValuEngine lowered shares of YRC Worldwide from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. BidaskClub upgraded shares of YRC Worldwide from a “hold” rating to a “buy” rating in a research report on Saturday, December 2nd. Stephens reiterated a “buy” rating and set a $19.00 target price on shares of YRC Worldwide in a research report on Tuesday, January 2nd. Zacks Investment Research lowered shares of YRC Worldwide from a “hold” rating to a “sell” rating in a research report on Saturday, January 13th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $21.00 target price on shares of YRC Worldwide in a research report on Thursday, January 18th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. YRC Worldwide currently has a consensus rating of “Hold” and a consensus price target of $18.00.
YRC Worldwide (NASDAQ:YRCW) last announced its quarterly earnings data 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). The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.22 billion. YRC Worldwide had a negative return on equity of 1.31% and a negative net margin of 0.22%. The company’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.23) earnings per share. research analysts predict that YRC Worldwide will post 1.1 earnings per share for the current year.
In other news, insider Scott D. Ware sold 14,000 shares of the business’s stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $8.61, for a total value of $120,540.00. Following the completion of the sale, the insider now directly owns 39,095 shares in the company, valued at approximately $336,607.95. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 3.70% of the company’s stock.
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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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