What is happening with the YRC Worldwide stock price?
Jun 16, 2019 · Why is Yrcw stock dropping? A debt-restructuring caused its stock price to plunge over 99%. Despite many efforts to cut costs and restore growth, YRC was never far from another implosion. The most recent industry slowdown — that began in 2019 and deepened further in 2020 due to the Covid-19 pandemic — made YRC’s future even more precarious.
Where is YRC Worldwide located?
Apr 07, 2022 · No changes to the price of YRC Worldwide stock on the last trading day (Thursday, 7th Apr 2022). During the day the stock fluctuated 0% from a day low at $8.31 to a day high of $8.31. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. The stock lies in the middle of a very wide and falling trend in the short term …
Does Stifel Nicolaus see upside for YRCW stock?
Apr 11, 2022 · Earnings for YRC Worldwide are expected to grow in the coming year, from ($1.65) to ($0.25) per share. Price to Earnings Ratio vs. the Market. The P/E ratio of YRC Worldwide is -2.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
How do YRC Worldwide employees rate CEO TJ O'Connor on Glassdoor?
Mar 30, 2022 · Mehrotra is estimating a 9% sequential decline in shipments at Saia (NASDAQ: SAIA ) and XPO Logistics (NYSE: XPO ), with YRC Worldwide (NASDAQ: YRCW ) seeing a 14% decline during the month. Deutsche Bank's data innovation group bases its estimates on a proprietary algorithm, which analyzes mobile phone geolocation data within certain boundaries …
Is Yellow Freight in financial trouble?
The company, which changed its name to Yellow earlier this year, reported a net loss of $53.5 million in 2020 and a net loss of $104 million in 2019.May 1, 2021
What happened to YRC?
04, 2021 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YRCW) announced today that it has changed its name from YRC Worldwide Inc. to Yellow Corporation and it will begin trading under the NASDAQ ticker symbol YELL effective February 8, 2021.Feb 4, 2021
How is YRC doing financially?
YRC ended the year with liquidity of $440 million and total debt of $1.28 billion. “During the fourth quarter, volume and pricing continued to improve in a tighter capacity environment. As the industrial and retail segments of the economy rebound, a shortage of drivers is keeping a lid on LTL capacity.Feb 4, 2021
How much is Yrcw worth?
$0.27 BillionMarket cap: $0.27 Billion As of April 2022 YRC Worldwide has a market cap of $0.27 Billion. This makes YRC Worldwide the world's 5283th most valuable company by market cap according to our data.
Did NEW PENN buy YRC?
New Penn acquired The company also serviced Canada and Puerto Rico. The acquisition gave Roadway access to the next-day ground market on which New Penn had established its business. New Penn still operates today as a subsidiary of Yellow Roadway Corporation, which is known as YRC Worldwide.Jun 14, 2021
Is Saia owned by YRC?
That year, the Saia family sold their company to Maryland-based Preston Trucking, which in turn was acquired by Yellow, which later became YRC Worldwide, in 1993.Jun 13, 2017
How much is YRC debt?
about $833 millionAt the time, YRC had about $833 million in debt, and it had lost $104 million in 2019, on revenues of $4.9 billion.Aug 11, 2020
Is YRC a publicly traded company?
Yellow Corporation is an American transportation holding company headquartered in Overland Park, Kansas....Yellow Corporation.Yellow corporate headquartersFormerlyYRC Worldwide, Inc. (2006–2021) Yellow Roadway Corporation (2003–2006)TypePublicTraded asNasdaq: YELL Russell 2000 ComponentIndustryTransportation15 more rows
Is YRC the same as Yellow Freight?
YRC Freight Profile YRC Freight is the largest subsidiary of Yellow with corporate headquarters in Overland Park, Kan. Other Yellow subsidiaries include Reddaway, Holland and New Penn.
What is Yellow Freight stock today?
Stock Quote (U.S.: Nasdaq) | MarketWatch....$ 4.7000.CloseChgChg %$4.5900-0.0500-1.08%
What is YRC stock symbol?
What is YRC Worldwide's stock symbol? YRC Worldwide trades on the NASDAQ under the ticker symbol "YRCW."
How were YRC Worldwide's earnings last quarter?
YRC Worldwide Inc. (NASDAQ:YRCW) posted its quarterly earnings data on Thursday, February, 4th. The transportation company reported ($0.37) earning...
Who are YRC Worldwide's key executives?
YRC Worldwide's management team includes the following people: Mr. Darren D. Hawkins , CEO & Director (Age 51, Pay $879.84k) Mr. Thomas J. O'Con...
What is TJ O’Connor's approval rating as YRC Worldwide's CEO?
84 employees have rated YRC Worldwide CEO TJ O’Connor on Glassdoor.com . TJ O’Connor has an approval rating of 42% among YRC Worldwide's employees...
Who are some of YRC Worldwide's key competitors?
Some companies that are related to YRC Worldwide include Marten Transport (MRTN) , Heartland Express (HTLD) , P.A.M. Transportation Services (PT...
What other stocks do shareholders of YRC Worldwide own?
Based on aggregate information from My MarketBeat watchlists, some companies that other YRC Worldwide investors own include ArcBest (ARCB) , GoPr...
What is YRC Worldwide's stock symbol?
YRC Worldwide trades on the NASDAQ under the ticker symbol "YRCW."
What is YRC Worldwide's stock price today?
One share of YRCW stock can currently be purchased for approximately $8.24.
How much money does YRC Worldwide make?
YRC Worldwide has a market capitalization of $439.04 million and generates $4.87 billion in revenue each year. The transportation company earns $-1...
How many employees does YRC Worldwide have?
YRC Worldwide employs 29,000 workers across the globe.
When is the buy signal for 2021?
A buy signal was issued from a pivot bottom point on Monday, July 19, 2021, and so far it has risen 0.39%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning.
Is Stifel Nicolaus upside or downside?
Stifel Nicolaus does not see either upside or downside right now giving YRCW "Hold" on their last update on August 25, 2020. The price target was set to $5.00 .
What stocks does MarketBeat like better than YRC Worldwide?
Wall Street analysts have given YRC Worldwide a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but YRC Worldwide wasn't one of them.
How were YRC Worldwide's earnings last quarter?
YRC Worldwide Inc. (NASDAQ:YRCW) released its earnings results on Thursday, February, 4th. The transportation company reported ($0.37) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by $0.23.#N#View YRC Worldwide's earnings history.
Who are some of YRC Worldwide's key competitors?
Some companies that are related to YRC Worldwide include Universal Logistics (ULH), P.A.M. Transportation Services (PTSI), U.S. Xpress Enterprises (USX), Covenant Logistics Group (CVLG), Yellow (YELL), USA Truck (USAK), Celadon Group (CGIP), Celadon Group (CGIPQ) and Smart Move (SMVE).#N#View all of YRCW's competitors.
What other stocks do shareholders of YRC Worldwide own?
Based on aggregate information from My MarketBeat watchlists, some companies that other YRC Worldwide investors own include ArcBest (ARCB), GoPro (GPRO), OPKO Health (OPK), Bank of America (BAC), Plug Power (PLUG), Western Digital (WDC), Advanced Micro Devices (AMD), Catalyst Pharmaceuticals (CPRX), Cleveland-Cliffs (CLF) and Ford Motor (F).
What is YRC Worldwide's stock price today?
One share of YRCW stock can currently be purchased for approximately $5.49.
How much money does YRC Worldwide make?
YRC Worldwide has a market capitalization of $292.51 million and generates $4.87 billion in revenue each year. The transportation company earns $-104,000,000.00 in net income (profit) each year or ($2.44) on an earnings per share basis.
Where are YRC Worldwide's headquarters?
YRC Worldwide is headquartered at 10990 ROE AVENUE, OVERLAND PARK KS, 66211.
What did Mnuchin say about the YRC loan?
He said some of the lending programs afforded under the act were done with the analysis that they would lose money. Referring to his former banking and lending days, Mnuchin said, "If my bank had been underwriting this loan, we would have not made this loan." National security designation The point of the hearing was to examine loans to "businesses critical to maintaining national security," a subtitle in the legislation that allotted $17 billion in federal money for companies fitting the designation. Read more
Who is the Treasury Secretary selling the $700 million loan to?
U.S. Treasury Secretary Steven Mnuchin said on Thursday he will recommend that his successor next year consider selling to a third party the $700 million emergency government loan made to trucking company YRC Worldwide at a profit to taxpayers. Read more
A Wall Street analyst upgrades the stock. Investors panic anyway
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
Shares of trucking company YRC Worldwide ( NASDAQ:YELL) are down a staggering 16.2% in 11 a.m. EDT trading this morning -- rather an extreme reaction, one must say, to the news that sparked the sell-off. In fact, I'll bet that right about now, the analysts at Stifel Nicolaus are feeling more than a little bit shocked.
So what
In today's report, summarized by StreetInsider.com, Stifel resumed covering YRC Worldwide stock with a "neutral" rating (not even a "sell") and a price target of $5 (which is to say, 18% more than where the stock is now trading).
Now what
With this loan in hand, says Stifel, YRC can now "continue operations into 2021." But what happens after that?
