Yellow Corporation (NASDAQ:YELL) has a beta value of 3.13 and has seen 1.26 million shares traded in the last trading session. The company, currently valued at $306.95M, closed the last trade at $5.33 per share which meant it lost -$0.04 on the day or -0.74% during that session. The YELL stock price is -185.93% off its 52-week high price of $15.24 and 47.09% above the 52-week low of $2.82. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.93 million shares traded. The 3-month trading volume is 1.23 million shares.
Yellow Corporation (NASDAQ:YELL) trade information
Sporting -0.74% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 09/20/22 when the YELL stock price touched $5.33 or saw a rise of 18.25%. Year-to-date, Yellow Corporation shares have moved -57.66%, while the 5-day performance has seen it change -9.66%. Over the past 30 days, the shares of Yellow Corporation (NASDAQ:YELL) have changed -25.14%. Short interest in the company has seen 2.97 million shares shorted with days to cover at 2.09.
Yellow Corporation (YELL) estimates and forecasts
Figures show that Yellow Corporation shares have outperformed across the wider relevant industry. The company’s shares have lost -33.79% over the past 6 months, with this year growth rate of 261.68%, compared to 24.10% for the industry. Other than that, the company has, however, increased its growth outlook for the 2022 fiscal year revenue. Growth estimates for the current quarter are 350.00% and 218.80% for the next quarter. Revenue growth from the last financial year stood is estimated to be 7.10%.
3 analysts offering their estimates for the company have set an average revenue estimate of $1.4 billion for the current quarter. 3 have an estimated revenue figure of $1.43 billion for the next quarter concluding in Sep 2022. Year-ago sales stood $1.31 billion and $1.3 billion respectively for this quarter and the next, and analysts expect sales will grow by 6.60% for the current quarter and 9.60% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -39.60% over the past 5 years.
Yellow Corporation is expected to release its next earnings report between February 02 and February 07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Yellow Corporation (NASDAQ:YELL)’s Major holders
Insiders own 2.85% of the company shares, while shares held by institutions stand at 51.39% with a share float percentage of 52.90%. Investors are also buoyed by the number of investors in a company, with Yellow Corporation having a total of 140 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 3.19 million shares worth more than $22.33 million. As of Mar 30, 2022, Blackrock Inc. held 6.18% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 2.61 million shares as of Mar 30, 2022. The firm’s total holdings are worth over $18.29 million and represent 5.07% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Mar 30, 2022, the former fund manager holds about 3.10% shares in the company for having 1.6 million shares of worth $11.21 million while later fund manager owns 0.46 million shares of worth $3.21 million as of Mar 30, 2022, which makes it owner of about 0.89% of company’s outstanding stock.