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Roadrunner Transportation Systems (NASDAQ:RRTS) was downgraded by stock analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a report issued on Thursday, TheFlyOnTheWall.com reports.

Roadrunner Transportation Systems (NASDAQ:RRTS) traded down 2.51% during mid-day trading on Thursday, hitting $24.51. 325,284 shares of the company’s stock traded hands. Roadrunner Transportation Systems has a 1-year low of $21.17 and a 1-year high of $30.93. The stock has a 50-day moving average of $27.66 and a 200-day moving average of $25.81. The company has a market cap of $929.1 million and a price-to-earnings ratio of 19.78.

Roadrunner Transportation Systems (NASDAQ:RRTS) last released its earnings data on Wednesday, July 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was up 38.7% on a year-over-year basis. Analysts expect that Roadrunner Transportation Systems will post $1.43 EPS for the current fiscal year.

Separately, 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 equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $29.73.

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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