Roadrunner Transportation (RRTS) in Focus: Stock Falls 5.3%
Roadrunner Transportation Systems, Inc. (RRTS) saw a big move in the last trading session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend for RRTS, as the stock is now down nearly 15% since Nov 24.
The company, which acquires provides asset-light transportation and logistics services, has not seen any estimate revision over the past month, and the current year earnings consensus hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, especially on earnings estimates following the recent slump.
RRTS currently holds a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.
Investors interested in the Transportation – Truck industry may consider better-ranked stocks like Knight Transportation Inc. (KNX), Landstar System Inc. (LSTR) and Old Dominion Freight Line Inc. (ODFL), each of which holds a Zacks Rank #2 (Buy).
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ROADRUNNER TRANSPORTATION SYSTEM (RRTS): Free Stock Analysis Report
KNIGHT TRANSN INC (KNX): Free Stock Analysis Report
LANDSTAR SYSTEM INC (LSTR): Free Stock Analysis Report
OLD DOMINION FREIGHT LINE INC (ODFL): Free Stock Analysis Report
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