Roadrunner Transportation Systems Inc (RRTS) Trading 3.9% Higher
Roadrunner Transportation Systems Inc (NASDAQ:RRTS) traded up 3.9% on Friday . The company traded as high as $7.67 and last traded at $7.55, with a volume of 271,835 shares. The stock had previously closed at $7.27.
A number of equities research analysts have weighed in on the company. Zacks Investment Research downgraded Roadrunner Transportation Systems from a “hold” rating to a “sell” rating in a report on Wednesday, July 13th. Deutsche Bank AG set a $12.00 target price on Roadrunner Transportation Systems and gave the stock a “buy” rating in a report on Thursday, July 21st. Finally, Stifel Nicolaus lowered their target price on Roadrunner Transportation Systems from $14.00 to $12.00 and set a “buy” rating for the company in a report on Thursday.
The company’s 50 day moving average is $8.01 and its 200-day moving average is $9.70. The stock has a market capitalization of $290.09 million and a PE ratio of 12.68.
Roadrunner Transportation Systems (NASDAQ:RRTS) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.24 by $0.19. During the same quarter in the previous year, the business earned $0.42 EPS. The firm earned $483.40 million during the quarter, compared to analysts’ expectations of $498.72 million. The company’s revenue was down 6.7% on a year-over-year basis. Analysts expect that Roadrunner Transportation Systems Inc will post $0.79 EPS for the current year.
Roadrunner Transportation Systems, Inc (RRTS) is an asset-light transportation and logistics service provider. The Company offers a suite of global supply chain solutions, including truckload logistics (TL), customized and expedited less-than-truckload (LTL), intermodal solutions (transporting a shipment by over one mode, primarily through rail and truck), freight consolidation, inventory management, expedited services, air freight, international freight forwarding, customs brokerage and transportation management solutions.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.