After finishing at $2.31 in the prior trading day, Yellow Corporation (NASDAQ: YELL) closed at $2.23, down -3.46%. In other words, the price has decreased by -$0.0800 from its previous closing price. On the day, 1176260 shares were traded. YELL stock price reached its highest trading level at $2.4376 during the session, while it also had its lowest trading level at $2.1700.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Our goal is to gain a better understanding of YELL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.30.
Upgrades & Downgrades
On March 26, 2021, Vertical Research started tracking the stock assigning a Buy rating and target price of $15.
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 09 when Olivier Daniel L. bought 10,000 shares for $2.94 per share. The transaction valued at 29,440 led to the insider holds 332,186 shares of the business.
Jones Shaunna D. bought 600 shares of YELL for $4,280 on Aug 16. The Director now owns 19,345 shares after completing the transaction at $7.13 per share. On Aug 09, another insider, Faught James R., who serves as the Chief Accounting Officer of the company, sold 28,615 shares for $7.42 each. As a result, the insider received 212,323 and left with 100,672 shares of the company.
As of this moment, Yellow’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02.
Stock Price History:
Over the past 52 weeks, YELL has reached a high of $8.51, while it has fallen to a 52-week low of $2.14. The 50-Day Moving Average of the stock is 2.8096, while the 200-Day Moving Average is calculated to be 3.9832.
The stock has traded on average 857.27K shares per day over the past 3-months and 987.36k shares per day over the last 10 days, according to various share statistics. A total of 51.50M shares are outstanding, with a floating share count of 50.22M. Insiders hold about 1.60% of the company’s shares, while institutions hold 43.90% stake in the company. Shares short for YELL as of Jan 12, 2023 were 4.29M with a Short Ratio of 4.71M, compared to 3.74M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 8.29% and a Short% of Float of 12.31%.
Its stock is currently analyzed by 3 different market analysts. On average, analysts expect EPS of -$0.5 for the current quarter, with a high estimate of -$0.13 and a low estimate of -$0.76, while EPS last year was -$0.54. The consensus estimate for the next quarter is $0.37, with high estimates of $0.46 and low estimates of $0.29.
Analysts are recommending an EPS of between $0.05 and -$0.4 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is -$0.17, with 3 analysts recommending between $0.63 and -$1.6.
2 analysts predict $1.22B in revenue for the current quarter. It ranges from a high estimate of $1.27B to a low estimate of $1.17B. As of the current estimate, Yellow Corporation’s year-ago sales were $1.26B, an estimated decrease of -3.10% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $1.35B, a decrease of -5.00% less than the figure of -$3.10% in the same quarter last year. There is a high estimate of $1.44B for the next quarter, whereas the lowest estimate is $1.27B.
A total of 3 analysts have provided revenue estimates for YELL’s current fiscal year. The highest revenue estimate was $5.45B, while the lowest revenue estimate was $4.79B, resulting in an average revenue estimate of $5.15B. In the same quarter a year ago, actual revenue was $5.24B, down -1.90% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $4.9B in the next fiscal year. The high estimate is $4.9B and the low estimate is $4.9B. The average revenue growth estimate for next year is down -4.70% from the average revenue estimate for this year.