To me 20$ looks totally doable. The current position being encroached upon will allow them to leverage the LTL with Truckload & become stronger. Will flourish as more ways to haul freight not traditionally moved by YRC become evident. incredible upside here as slashing the burden of claims brought against them by union members for using other carriers is a natural/over due progression.
Overall I think we will see upside for YRCW in the short-term. Perhaps a pullback next day or so could occur I suppose but are yall also seeing a further leg higher? Not sure how https://activepennystocks1.blogspot.com finds all these incredible trade ideas but im happy.
NASDAQ: YRCW‘s stock had its “buy” rating restated by equities researchers at Aegis in a research note issued on Saturday, 9/16/17. They currently have a $20.00 price target on the transportation company’s stock. Aegis’ price objective would indicate a potential upside of 61.94% from the company’s current price.
Going for a big S...........................
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The average 1 year target price among brokers that have issued a report on the stock in the last year is $15.75. Several research analysts have weighed in on YRCW shares. Stifel Nicolaus restated a “buy” rating and issued a $18.00 price target (up from $16.00) on shares of YRC Worldwide in a research note on Friday, August 4th, 2017.
Temporary glitch due to Nafta uncertainty
Misery continues....YRCW manages to close lower even when the market is on record high level. When the market is going down, YRCW stock goes down even faster. This stock is just pure pain, living breathing misery, never ending dark tunnel, without light at the end, because there is simply no end(ing to this misery). I can just imagine the pain the investors are feeling, the ones that bought millions of dollars worth of stock (NASDAQ after hours), before their Q2 earnings...
Will drop below $ 10 next week.
Listen to yrcw earning cc, they on track for rest of the years, thing much better overall yield and shipment than we thought they're. I would think stock will be doing ok. What's thoughts?
I think what many people have missed, was the First Call earning revisions. I didnt see this reported anywhere but they did do upwards revisions and I think that was the reason YRCW traded higher yesterday. Otherwise, I was expecting the stock to drop yesterday.
This happened last week as well! I hope we will see the 16$ after ER.
Come on take down 13 barriers wall.
Picked up some YRCW 2day: $12.27
Srini did you say "The sentiment is so bad in this LTL sector" That may be true but I'm not sure why it would be.Freight generally follows the overall market and the stock market has not done too this year shabby. My 401is up 15% for the yr.. I think that Celadon and USA Truck are curiously low but they have both had financial struggles which is strange too. Why do so many companies struggle like this? GD businesses are for making money this is BS. Another thing that kills investors is all the activity. So much selling off on slight rise. Obviously some have pockets deep enough to make vast sums off slight fluctuations and that's all good. After all it's each investors choice to play the market as they see fit. Its just sucks though since its hard to build up like that. But even then some big shot would come in and unload a s ton of shares so what the heck. YRCW. at this time obviously is not going BK anytime soon. So all the naysayers and ohh they are going outerscan eat a bag of aids weenies. I did see an article that gives hope though https://finance.yahoo.com/news/scope-amazons-whole-foods-deal-202753035.html
Are we going back to 8$ again according to er results. Seems like this results only helps shorts!!!
YRCW renewing their loan @ a higher rate great .. more debt
A reduction of the outstanding principal to $600 million following a $35.2 million payment at the time of closing the amendment; An increase in the annual amortization from 1% ($7 million) to 3% ($18 million); An increase in the interest rate from LIBOR + 750 basis points to LIBOR + 850 basis points;