Roadrunner Transportation Systems (RRTS) Trading Down 0.5%

Roadrunner Transportation Systems Inc (NYSE:RRTS)’s share price was down 0.5% on Wednesday . The company traded as low as $1.80 and last traded at $1.83. Approximately 31,432 shares were traded during trading, a decline of 90% from the average daily volume of 326,908 shares. The stock had previously closed at $1.84.

A number of equities analysts have weighed in on RRTS shares. TheStreet downgraded Roadrunner Transportation Systems from a “c” rating to an “e+” rating in a research report on Tuesday, February 6th. Zacks Investment Research raised Roadrunner Transportation Systems from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. Roadrunner Transportation Systems currently has a consensus rating of “Hold” and an average target price of $8.00.

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The company has a debt-to-equity ratio of 1.39, a current ratio of 1.53 and a quick ratio of 1.53.

Roadrunner Transportation Systems (NYSE:RRTS) last released its quarterly earnings results on Monday, April 2nd. The transportation company reported ($0.68) earnings per share for the quarter. Roadrunner Transportation Systems had a negative return on equity of 75.41% and a negative net margin of 5.13%. The firm had revenue of $521.43 million for the quarter. research analysts anticipate that Roadrunner Transportation Systems Inc will post 1.04 EPS for the current year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MetLife Investment Advisors LLC acquired a new stake in shares of Roadrunner Transportation Systems in the 4th quarter valued at approximately $122,000. Acadian Asset Management LLC bought a new stake in Roadrunner Transportation Systems in the 4th quarter valued at $134,000. Jane Street Group LLC bought a new stake in Roadrunner Transportation Systems in the 1st quarter valued at $151,000. Intrinsic Edge Capital Management LLC bought a new stake in Roadrunner Transportation Systems in the 1st quarter valued at $152,000. Finally, SG Americas Securities LLC bought a new stake in Roadrunner Transportation Systems in the 4th quarter valued at $182,000. 70.02% of the stock is owned by institutional investors.

About Roadrunner Transportation Systems

Roadrunner Transportation Systems, Inc provides asset-right transportation and asset-light logistics services. The company operates through three segments: Truckload Logistics (TL), Less-than-Truckload (LTL), and Global Solutions. The company's TL segment arranges pickup and delivery of truckload, intermodal, and ground and air expedited freight through its network of 42 TL service centers, 40 company brokers, and approximately 90 independent brokerage agents in the United States, Mexico, and Canada.