Brokerage Firm Rating on YRC Worldwide (YRCW)

YRC Worldwide (YRCW) : The consensus on YRC Worldwide (YRCW) based on 2 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.


For the current week, the company shares have a recommendation consensus of Buy. YRC Worldwide (NASDAQ:YRCW): The stock opened at $11.55 on Thursday but the bulls could not build on the opening and the stock topped out at $11.76 for the day. The stock traded down to $11.41 during the day, due to lack of any buying support eventually closed down at $11.49 with a loss of -0.35% for the day. The stock had closed at $11.53 on the previous day. The total traded volume was 479,410 shares.

In a related news, The Securities and Exchange Commission has divulged that Hawkins Darren, officer (President, YRC Inc.) of Yrc Worldwide Inc., had unloaded 18,896 shares at an average price of $11.59 in a transaction dated on August 2, 2016. The total value of the transaction was worth $219,005.

YRC Worldwide Inc. is a holding company that, through its wholly owned 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. It offers supply chain solutions enabling customers to ship industrial, commercial and retail goods. It operates in two segments, which include YRC Freight and Regional Transportation. The YRC Freight segment is focused on business opportunities in national, regional and international markets. YRC Freight provides for the movement of industrial, commercial and retail goods, through its subsidiary YRC Inc. (YRC Freight) and Reimer Express (YRC Reimer). Its Regional Transportation segment is a transportation service provider that comprises USF Holland Inc. (Holland), New Penn Motor Express, Inc. (New Penn) and USF Reddaway Inc. (Reddaway).

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