Yellow Corporation (NASDAQ:YELL) finished Thursday with an addition of $0.25 to close at $1.95, an upside of 14.71 percent. An average of 25,907,920 shares of common stock have been traded in the last five days. There was a fall of -$1.6500 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 36,075,992 shares traded, while the 50-day average volume stands at 15,863,518.
YELL stock has increased by 109.68% in the last month. The company shares reached their 1-month lowest point of $0.4320 on 07/27/23. With the stock rallying to its 52-week high on 08/01/23, shares of the company touched a low of $0.43 and a high of $8.51 in 52 weeks. It has reached a new high 14 times so far this year and lost -22.31% or -$0.5600 in price. In spite of this, the price is down -77.07% from the 52-week high.
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Valuation Metrics
Yellow Corporation (YELL) stock’s beta is 2.81. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.02.
Financial Health
The quick ratio of Yellow Corporation for the three months ended June 29 was 1.30, and the current ratio was 1.30, indicating that the company is able to meet its debt obligations. Yellow Corporation’s EBITDA margin for the year ending June 29 is 5.78%, while its operating margin for the same period stands at 3.50%. Its gross profit as reported stood at $3.42 billion compared to revenue of $5.24 billion.
Earnings Surprise
For the three-month period that ended June 29, Yellow Corporation had $1.47 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$54.6 million in the quarter, while revenues of -$15.5 million were grew 49.63%. The analyst consensus anticipated Yellow Corporation’s latest quarter earnings to come in at -$0.45 per share, but it turned out to be -$0.28, a 37.80% surprise. For the quarter, EBITDA amounted to $51.5 million. Shareholders own equity worth $51.98 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Yellow Corporation (YELL) price momentum. RSI 9-day as of the close on 10 August was 48.30%, suggesting the stock is Neutral, with historical volatility in this time frame at 816.87%.
As of today, YELL’s price is $2.5560 -45.83% or -$1.6500 from its 5-day moving average. YELL is currently trading +80.56% higher than its 20-day SMA and -12.95% lower than its 100-day SMA. However, the stock’s current price level is +47.73% above the SMA50 and -50.76% below the SMA200.
The stochastic %K and %D were 39.65% and 46.78%, respectively, and the average true range (ATR) was 0.9953. With the 14-day stochastic at 33.23% and the average true range at 0.8155, the RSI (14) stands at 50.62%. The stock has reached -0.5689 on the 9-day MACD Oscillator while the 14-day reading was at 0.1007.
Analyst Ratings
The consensus rating for Yellow Corporation (YELL) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell YELL, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.
What is YELL’s price target for the next 12 months?
Analysts predict a range of price targets between $2.50 and $2.50, with a median target of $2.50. Taking a look at these predictions, the average price target given by analysts for Yellow Corporation (YELL) stock is $2.50.
