Freightmaster1
TB Legend
- Credits
- 602
Source: Yahoo! Finance
Based on the downward revised average analyst target prices at $14/share, analysts have assigned YRC Worldwide a P/E ratio of 10 times 2017 estimated earnings. Compared to the company's LTL peers, this multiple is nearly 30 percent lower than the second lowest peer.
It could be postured that YRC Worldwide's pension exposure to the Central States, Southeast and Southwest Areas Pension Fund may be weighing on the stock, but a substantial portion of ArcBest Corporation's (NASDAQ:ARCB) pension liabilities are also exposed to this same fund. YRC Worldwide has a memorandum of understanding (MOU) with its unionized labor in place through March 2019.
Most of the same risks abound for all of the peers within the table above, so logically, YRC Worldwide's depressed outlook does not make a lot of sense, other than analysts having less confidence in adjusted EBITDA growth, which was discussed on the call.
http://seekingalpha.com/article/399...quq:e1d72b8f8a66f83c20e20c43c7204c49&uprof=51
Based on the downward revised average analyst target prices at $14/share, analysts have assigned YRC Worldwide a P/E ratio of 10 times 2017 estimated earnings. Compared to the company's LTL peers, this multiple is nearly 30 percent lower than the second lowest peer.
It could be postured that YRC Worldwide's pension exposure to the Central States, Southeast and Southwest Areas Pension Fund may be weighing on the stock, but a substantial portion of ArcBest Corporation's (NASDAQ:ARCB) pension liabilities are also exposed to this same fund. YRC Worldwide has a memorandum of understanding (MOU) with its unionized labor in place through March 2019.
Most of the same risks abound for all of the peers within the table above, so logically, YRC Worldwide's depressed outlook does not make a lot of sense, other than analysts having less confidence in adjusted EBITDA growth, which was discussed on the call.
http://seekingalpha.com/article/399...quq:e1d72b8f8a66f83c20e20c43c7204c49&uprof=51