In last trading session, Yellow Corporation (NASDAQ:YELL) saw 0.43 million shares changing hands with its beta currently measuring 3.06. Company’s recent per share price level of $11.16 trading at $0.18 or 1.64% at ring of the bell on the day assigns it a market valuation of $594.83M. That closing price of YELL’s stock is at a discount of -36.56% from its 52-week high price of $15.24 and is indicating a premium of 59.77% from its 52-week low price of $4.49. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.62 million shares which gives us an average trading volume of 922.46K if we extend that period to 3-months.
For Yellow Corporation (YELL), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 2.70. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.14 in the current quarter.
Yellow Corporation (NASDAQ:YELL) trade information
Upright in the green during last session for gaining 1.64%, in the last five days YELL remained trading in the green while hitting it’s week-highest on Thursday, 01/13/22 when the stock touched $11.16 price level, adding 1.67% to its value on the day. Yellow Corporation’s shares saw a change of -11.36% in year-to-date performance and have moved 2.01% in past 5-day. Yellow Corporation (NASDAQ:YELL) showed a performance of -12.13% in past 30-days. Number of shares sold short was 1.68 million shares which calculate 1.51 days to cover the short interests.
Yellow Corporation (YELL) estimates and forecasts
Statistics highlight that Yellow Corporation is scoring comparatively lower than the scores of other players of the relevant industry. The company added 116.70% of value to its shares in past 6 months, showing an annual growth rate of -14.06% while that of industry is 24.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 62.20% in the current quarter and calculating 57.10% increase in the next quarter. This year revenue growth is estimated to rise 13.10% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.29 billion for the same. And 2 analysts are in estimates of company making revenue of $1.25 billion in the next quarter that will end on Mar 2022. Company posted $1.16 billion and $1.15 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 10.90% while estimating it to be 9.40% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 28.13% during past 5 years.
Yellow Corporation is more likely to be releasing its next quarterly report between February 02 and February 07 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Yellow Corporation (NASDAQ:YELL)’s Major holders
Insiders are in possession of 5.20% of company’s total shares while institution are holding 50.73 percent of that, with stock having share float percentage of 53.52%. Investors also watch the number of corporate investors in a company very closely, which is 50.73% institutions for Yellow Corporation that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at YELL for having 3.32 million shares of worth $18.74 million. And as of Sep 29, 2021, it was holding 6.47% of the company’s outstanding shares.
The second largest institutional holder is Cooper Creek Partners Management LLC, which was holding about 2.94 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 5.72% of outstanding shares, having a total worth of $16.59 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 29, 2021, the former fund manager was holding 1.41 million shares of worth $7.98 million or 2.75% of the total outstanding shares. The later fund manager was in possession of 1.19 million shares on Oct 30, 2021, making its stake of worth around $10.41 million in the company or a holder of 2.32% of company’s stock.