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Shares of Roadrunner Transportation Systems (NASDAQ:RRTS) fell 9.1% on Thursday following a weaker than expected earnings announcement, Stock Ratings reports. The stock traded as low as $23.56 and last traded at $25.10, with a volume of 932,648 shares changing hands. The stock had previously closed at $27.60.

The company reported $0.38 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.40 by $0.02. The company had revenue of $460.20 million for the quarter, compared to the consensus estimate of $439.71 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 38.7% on a year-over-year basis.

Several analysts have recently commented on the stock. Analysts at Deutsche Bank cut their price target on shares of Roadrunner Transportation Systems from $32.00 to $31.00 in a research note on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Stifel Nicolaus downgraded shares of Roadrunner Transportation Systems from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, analysts at Raymond James upgraded shares of Roadrunner Transportation Systems from a “market perform” rating to an “outperform” rating in a research note on Wednesday. They now have a $31.00 price target on the stock. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Roadrunner Transportation Systems has an average rating of “Buy” and a consensus price target of $29.73.

The stock has a 50-day moving average of $27.79 and a 200-day moving average of $25.8. The company has a market cap of $951.6 million and a P/E ratio of 21.77.

Roadrunner Transportation Systems, Inc (NASDAQ:RRTS) is a transportation and logistics service provider offering a full suite of solutions, including customized and expedited less-than-truckload, truckload and logistics, transportation management solutions, intermodal solutions, and domestic and international air.

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