Yellow Corporation (NASDAQ:YELL) saw a downside of -30.53% to close Monday at $2.48 after subtracting -$1.09 on the day. The 5-day average trading volume is 87,583,563 shares of the company’s common stock. It has gained $5.00 in the past week and touched a new high 1 time within the past 5 days. An average of 34,633,496 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 14,714,958.
YELL’s 1-month performance is 188.61% or $1.62 on its low of $0.43 reached on 07/27/23. The company’s shares have touched a 52-week low of $0.43 and high of $8.51, with the stock’s rally to the 52-week high happening on 08/01/23. YTD, YELL has lost -1.20% or -$0.03 and has reached a new high 14 times. However, the current price is down -70.84% from the 52-week high price.
Insider Transactions
YELL stock investors last saw insider trading activity on Jul 31.Faught James R. (Chief Accounting Officer) most recently sold 28,615 shares at $7.42 per share on Aug 09. This transaction cost the insider $212,323. Chief Accounting Officer, Faught James R., sold 7,942 shares at a price of $7.60 on Aug 08.
Valuation Metrics
YELL stock has a beta of 2.61. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.03.
Yellow Corporation’s quick ratio for the period ended March 30 was 1.30, with the current ratio over the same period at 1.30. In terms of profitability, the gross margin trailing 12 months is 12.10%. The trailing 12-month EBITDA margin is 5.78% while for the period ending March 30, Yellow Corporation’s operating margin was 3.50%. The firm’s gross profit as reported stood at $3.42 billion against revenue of $5.24 billion.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 49.63% to -$54.6 million, while revenue of -$15.5 million was 71.61% off the previous quarter. Analysts expected YELL to announce -$0.84 per share in earnings in its latest quarter, but it posted -$1.06, representing a -26.20% surprise. EBITDA for the quarter stood at more than $51.5 million. YELL stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 2.59 billion, with total debt at $1.62 billion. Shareholders hold equity totaling $51.98 million.
Let’s look briefly at Yellow Corporation (YELL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 55.26% to suggest the stock is trending Neutral, with historical volatility in this time period at 759.67%.
The stock’s 5-day moving average is $3.36, reflecting a +40.91% or $0.72 change from its current price. YELL is currently trading +172.71% above its 20-day SMA, +11.21% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +85.07% and SMA200 by-40.24%.
Stochastic %K and %D was 60.96% and 65.61% and the average true range (ATR) pointed at 0.97. The RSI (14) points at 56.71%, while the 14-day stochastic is at 44.83% with the period’s ATR at 0.75. The stock’s 9-day MACD Oscillator is pointing at 0.90 and 1.33 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for YELL stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate YELL as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is YELL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $2.50 and a high of $2.50, with their median price target at $2.50. Looking at these predictions, the average price target given by analysts is for Yellow Corporation (YELL) stock is $2.50.
