Stryker (SYK) Forms $159.09 Double Top; Roadrunner Transportation Systems Has 1.65 Sentiment

Roadrunner Transportation Systems, Inc. (NYSE:RRTS) Logo

Stryker Corporation (SYK) formed double top with $165.45 target or 4.00% above today’s $159.09 share price. Stryker Corporation (SYK) has $59.36B valuation. The stock increased 1.82% or $2.84 during the last trading session, reaching $159.09. About 1.45M shares traded or 8.22% up from the average. Stryker Corporation (NYSE:SYK) has risen 19.66% since April 4, 2017 and is uptrending. It has outperformed by 8.11% the S&P500.

Roadrunner Transportation Systems Inc (RRTS) investors sentiment increased to 1.65 in Q4 2017. It’s up 0.17, from 1.48 in 2017Q3. The ratio is better, as 56 investment managers opened new or increased positions, while 34 cut down and sold equity positions in Roadrunner Transportation Systems Inc. The investment managers in our database now have: 24.19 million shares, down from 24.22 million shares in 2017Q3. Also, the number of investment managers holding Roadrunner Transportation Systems Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 27 Increased: 34 New Position: 22.

The stock increased 5.44% or $0.13 during the last trading session, reaching $2.52. About 758,370 shares traded or 133.26% up from the average. Roadrunner Transportation Systems, Inc. (RRTS) has declined 53.53% since April 4, 2017 and is downtrending. It has underperformed by 65.08% the S&P500.

Roadrunner Transportation Systems, Inc. provides asset-light transportation and logistics services. The company has market cap of $96.83 million. The firm operates through three divisions: Truckload Logistics , Less-than-Truckload (LTL), and Global Solutions. It currently has negative earnings. The companyÂ’s TL segment arranges pickup, delivery, freight consolidation, and inventory management of TL freight through its network of 48 TL service centers, 4 freight consolidation and inventory management centers, 23 firm dispatch offices, and approximately 100 independent brokerage agents in the United States and Canada.

Ratings analysis reveals 33% of Roadrunner Transportation’s analysts are positive. Out of 3 Wall Street analysts rating Roadrunner Transportation, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $8.0 while the high is $12.0. The stock’s average target of $9.67 is 283.73% above today’s ($2.52) share price. RRTS was included in 3 notes of analysts from November 2, 2016. On Wednesday, November 2 the stock rating was initiated by Deutsche Bank with “Hold”. On Wednesday, December 21 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm earned “Neutral” rating on Wednesday, February 1 by Robert W. Baird.

Menta Capital Llc holds 0.1% of its portfolio in Roadrunner Transportation Systems, Inc. for 64,534 shares. Indexiq Advisors Llc owns 205,045 shares or 0.06% of their US portfolio. Moreover, Gsa Capital Partners Llp has 0.04% invested in the company for 94,397 shares. The New York-based Stone Ridge Asset Management Llc has invested 0.04% in the stock. Annex Advisory Services Llc, a Wisconsin-based fund reported 18,987 shares.

Since February 1, 2018, it had 0 insider purchases, and 12 insider sales for $24.61 million activity. McLean Graham A also sold $479,034 worth of Stryker Corporation (NYSE:SYK) shares. The insider Becker Yin C sold $626,832. $713,655 worth of Stryker Corporation (NYSE:SYK) was sold by FRANCESCONI LOUISE. Carpenter Lonny J sold $818,792 worth of stock. Another trade for 3,700 shares valued at $598,131 was made by Owen Katherine Ann on Monday, March 5. The insider Floyd David sold $9.18 million. $1.21M worth of Stryker Corporation (NYSE:SYK) shares were sold by COX HOWARD E JR.

Analysts await Stryker Corporation (NYSE:SYK) to report earnings on April, 24. They expect $1.60 EPS, up 8.11% or $0.12 from last year’s $1.48 per share. SYK’s profit will be $596.99M for 24.86 P/E if the $1.60 EPS becomes a reality. After $1.96 actual EPS reported by Stryker Corporation for the previous quarter, Wall Street now forecasts -18.37% negative EPS growth.

Among 29 analysts covering Stryker Corporation (NYSE:SYK), 20 have Buy rating, 1 Sell and 8 Hold. Therefore 69% are positive. Stryker Corporation has $189.0 highest and $88 lowest target. $160.13’s average target is 0.65% above currents $159.09 stock price. Stryker Corporation had 93 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, October 30 by BMO Capital Markets. As per Tuesday, January 30, the company rating was maintained by Canaccord Genuity. The firm earned “Buy” rating on Wednesday, January 31 by Cowen & Co. The rating was downgraded by Robert W. Baird to “Neutral” on Wednesday, April 13. As per Friday, July 28, the company rating was maintained by Cowen & Co. The stock has “Underperform” rating by Needham on Friday, January 6. As per Friday, October 27, the company rating was maintained by Barclays Capital. The stock of Stryker Corporation (NYSE:SYK) has “Underweight” rating given on Monday, April 11 by Barclays Capital. As per Monday, July 10, the company rating was maintained by BMO Capital Markets. The company was maintained on Wednesday, January 31 by Stifel Nicolaus.

Investors sentiment decreased to 0.8 in Q4 2017. Its down 0.07, from 0.87 in 2017Q3. It turned negative, as 39 investors sold Stryker Corporation shares while 375 reduced holdings. 100 funds opened positions while 232 raised stakes. 275.69 million shares or 0.03% more from 275.60 million shares in 2017Q3 were reported. Eads And Heald Invest Counsel holds 16,514 shares. The Kansas-based Intrust Comml Bank Na has invested 0.12% in Stryker Corporation (NYSE:SYK). Bremer Trust National Association holds 0.48% or 11,530 shares in its portfolio. Northstar Asset Management Ltd Com has invested 0.62% of its portfolio in Stryker Corporation (NYSE:SYK). Destination Wealth Management stated it has 152,456 shares or 1.43% of all its holdings. Woodmont Invest Counsel Lc accumulated 5,010 shares. Pub Employees Retirement Sys Of Ohio has invested 0.18% in Stryker Corporation (NYSE:SYK). Raymond James Financial Incorporated stated it has 185,554 shares or 0.18% of all its holdings. Amalgamated Bankshares holds 0.19% or 44,645 shares. 6,700 were accumulated by First Quadrant Limited Partnership Ca. Caxton Assoc Lp stated it has 9,185 shares or 0.07% of all its holdings. Gofen And Glossberg Limited Liability Com Il holds 0.04% or 6,829 shares in its portfolio. Linscomb And Williams accumulated 10,469 shares. Primecap Mngmt Company Ca accumulated 227,100 shares. Rothschild Inv Corp Il accumulated 4,050 shares or 0.07% of the stock.

Roadrunner Transportation Systems, Inc. (NYSE:RRTS) Institutional Positions Chart