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Roadrunner Transportation Systems (NASDAQ:RRTS) Director John G. Kennedy III purchased 1,000 shares of the company’s stock on the open market in a transaction dated Friday, August 15th. The stock was purchased at an average cost of $25.20 per share, with a total value of $25,200.00. Following the purchase, the director now directly owns 8,096 shares of the company’s stock, valued at approximately $204,019. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Roadrunner Transportation Systems (NASDAQ:RRTS) traded up 1.42% during mid-day trading on Monday, hitting $25.65. 286,067 shares of the company’s stock traded hands. Roadrunner Transportation Systems has a 52 week low of $21.17 and a 52 week high of $29.82. The stock has a 50-day moving average of $26.77 and a 200-day moving average of $25.59. The company has a market cap of $972.5 million and a P/E ratio of 19.90.

Roadrunner Transportation Systems (NASDAQ:RRTS) last announced its earnings results on Wednesday, July 30th. The company reported $0.38 earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $0.38 earnings per share. Roadrunner Transportation Systems’s revenue was up 38.7% compared to the same quarter last year. Analysts expect that Roadrunner Transportation Systems will post $1.41 EPS for the current fiscal year.

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, July 31st. 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, July 31st. 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, July 30th. They now have a $31.00 price target on the stock.

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 (transporting a shipment by more than one mode, primarily via rail and truck), and domestic and international air.

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