YRC Worldwide, Inc.NASDAQ
YRC Worldwide's Current Valuation Offers A Compelling Investment Opportunity
James Sands • 15 Comments
James Sands • 15 Comments
Tue, Sep. 13, 5:37 PM
Tue, Aug. 16, 4:08 PM
- A major announcement from Ford that it will develop a 100% autonomous vehicle in 2021 could have far-reaching implications in a variety of sectors.
- “The first application of the fully autonomous vehicle will be commercial applications, whether it’s ride-hailing or parcel delivery,” Ford CEO Mark Fields told Recode. Companies that could be eyeing the implication of purchasing self-driving car fleets include FedEx (NYSE:FDX), Amazon (NASDAQ:AMZN), UPS (NYSE:UPS), Domino's Pizza (NYSE:DPZ), and Papa John's International (NASDAQ:PZZA).
- There's also relevance on Ford's big bet on autonomy for Avis Budget Group (NASDAQ:CAR) and Hertz (NYSE:HTZ).
- The trucking and shipping sectors (ARCB, KNX, MRTN, CGI, YRCW, HTLD, UACL, SWFT) will also be monitoring how autonomous vehicle technology fits into the future.
- Previously: Ford to produce mass market autonomous vehicle (Aug. 16)
Thu, Jul. 28, 5:37 PM
Thu, Jul. 28, 4:05 PM
Wed, Jul. 27, 5:35 PM
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Sat, Jul. 23, 8:25 AM
- General Electric (NYSE:GE) was yesterday's biggest laggard among Dow stocks, sinking 1.6% after reporting a 2% drop in orders for Q2, with industrial orders - GE’s jet engines, power turbines, oil production equipment, et. al. - plunging 16% amid weakness in oil and gas prices that hurt demand.
- "The texture of this quarter is very similar to the two most recent quarters, with exceptionally weak orders,” says Morgan Stanley's Nigel Coe, who rates GE at Equal Weight with a $32 price target.
- GE's total Q2 revenues rose 15% Y/Y to $33.5B, but organic industrial sales excluding the Alstom acquisition fell 1%; GE needs to meet its own expectations for a substantial upturn in organic trends in H2 in an "extremely challenging" environment, Coe says.
- "Those are capital intensive purchases and if those get pushed out even just a little bit" it could weaken GE's performance, says Edward Jones analyst Jeff Windau.
- Andrew Elofson at Davidson Investment Advisors takes the long view, seeing Q2 as "a speed bump on the path to their transformation” and not really looking at whether GE can hit its 5% organic sales growth target for H2.
- But Standpoint Research’s Ronnie Moas responded to the Q2 results by slapping a Sell rating on GE with a $26 price target, seeing no reason to own the shares that trade at more than 20x 2016 EPS estimates while "dozens" of mid-cap names with room to grow trade at or below 10x earnings - such as YRCW, TGI, AVH, GBX, ARII, CBI, UAL, SPR and ACM.
Thu, Apr. 28, 5:35 PM
Thu, Apr. 28, 4:09 PM
- YRC Worldwide (NASDAQ:YRCW): Q1 EPS of -$0.37 beats by $0.01.
- Revenue of $1.12B (-5.9% Y/Y) misses by $20M.
Wed, Apr. 27, 5:35 PM
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Fri, Feb. 5, 12:40 PM
Thu, Feb. 4, 4:07 PM
- YRC Worldwide (NASDAQ:YRCW): Q4 EPS of -$0.73 may not be comparable to consensus of $0.20.
- Revenue of $1.14B (-6.6% Y/Y) in-line.
Thu, Feb. 4, 10:13 AM
- Trucking stocks are in rally mode off a mix of macroeconomic news and earnings.
- Notable gainers include ArcBest (ARCB +11.7%), Old Dominion Freight Line (ODFL +4.2%), Heartland Express (HTLD +4%), Celadon Group (CGI +8.4%), YRC Worldwide (YRCW +7.7%), Knight Transportation (KNX +2.2%), and Marten Transport (MRTN +4.1%).
- It's a moonshot for Roadrunner Transportation Systems (RRTS +37.5%) after earnings.
- Shipping companies FedEx (FDX +2.6%), AirT (AIRT +3.9%), and UPS (UPS +0.8%) are also well-ahead of broad market averages.
Wed, Feb. 3, 5:35 PM
- ACET, ACXM, AHL, AIV, ASYS, ATHN, ATR, BMI, CATM, CTRL, DATA, DCT, DECK, DV, ECHO, ECOM, EGAN, EGOV, ELY, ES, ESL, ESS, FLDM, FLT, G, GNW, HBI, HIG, IPHI, KRG, LGF, LNKD, MOBL, MTD, NEWR, NFG, NSR, NTGR, OMCL, OUTR, PCTY, PDM, PKI, POST, PPS, PXLW, QRVO, RDEN, RNG, SKYW, SRCL, SWIR, SXT, THG, TTMI, UBNT, UEPS, WAIR, YRCW
Tue, Jan. 26, 1:08 PM
- Trucking stocks race higher to cut into 2016 losses as traders react to some firming up in the energy sector.
- Notable gainers include Swift Transportation (SWFT +16.6%), YRC Worldwide (YRCW +11.1%), ArcBest (ARCB +10%), Heartland Express (HTLD +7%), Universal Truckload Services (UACL +6.7%), and Marten Transport (MRTN +5.6%).
- Hertz Global (HTZ +8.3%), Ryder (R +6.5%), and Avis Budget Group (CAR +8%) are also strong on the day off the some of the same optimism over demand in the U.S.
Dec. 23, 2015, 9:41 AM
- The American Trucking Association reports its truck tonnage index fell 0.9% M/M in November. The reading for November was 0.2% higher than the year-ago period.
- "With year-over-year gains averaging just 1.2% over the last three months, there has been a clear deceleration in truck tonnage," notes ATA Chief Economist Bob Costello.
- A high level of inventory in retail and the energy market slump could keep truck demand tepid, warns the ATA.
- Related stocks: ODFL, YRCW, RRTS, ECHO, HTLD, JBHT, SWFT, KNX, LSTR, UACL, ARCB, SAIA, CNW, XPO.
Dec. 17, 2015, 4:58 PM
- Knight Transportation (NYSE:KNX) -9% AH after cutting Q4 earnings guidance below consensus, now seeing EPS of $0.31-$0.33 vs. $0.37 analyst consensus estimate and below its prior outlook for $0.36-$0.38.
- KNX says Q4 volumes remain similar to 2014, but that it as experienced significantly fewer non-contract opportunities, resulting in revenue per total mile trending lower than originally expected which hurt EPS by $0.03-$0.04.
- Trucking peers: ODFL, YRCW, UACL, HTLD, RRTS, CGI, WERN, CVTI, MRTN, LSTR, SWFT, USAK, R, JBHT.