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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 that occurred on Friday, August 15th. The shares were purchased at an average cost of $25.20 per share, with a total value of $25,200.00. Following the completion of the transaction, 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 is available at this link.

Shares of Roadrunner Transportation Systems (NASDAQ:RRTS) traded down 0.97% on Wednesday, hitting $25.61. 27,558 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 $29.82. The stock has a 50-day moving average of $26.64 and a 200-day moving average of $25.57. The company has a market cap of $971.0 million and a P/E ratio of 20.35.

Roadrunner Transportation Systems (NASDAQ:RRTS) last announced its earnings results 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. On average, analysts predict that Roadrunner Transportation Systems will post $1.41 earnings per share for the current fiscal year.

A number of research firms have recently commented on RRTS. 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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