Analyst Revises Roadrunner Transportation Systems, Inc (NYSE:RRTS) Stock Target


Roadrunner Transportation Systems, Inc (NYSE:RRTS) mean price target has been set at $13.830 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.290 in the near-term quarter and $0.990 for the ongoing fiscal. The market cap of Roadrunner Transportation Syste was recorded at $297.55M after the stock closed at $7.765 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Roadrunner Transportation Systems, Inc (NYSE:RRTS) has a P/E ratio of 8.080. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Roadrunner Transportation Systems, Inc (NYSE:RRTS) PEG ratio sits at 0.460. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Roadrunner Transportation Syste visibly illustrates that the 50-day MA of Roadrunner Transportation Syste is $7.746, and stock is trading 0.019 or +0.242% distant from $7.746. The 200-day MA is $9.859, and this price is $-2.094 or -21.240% off from current level. Roadrunner Transportation Systems, Inc (NYSE:RRTS) 52-week high is $26.950 and the 52-week low is $6.390. This represents that if the stock moves $-19.185 points up on the chart to make a 52-week high. But, if it declines $+21.518%, then the shares price can hit a new 52-week low.

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