Ryder System, Inc. (NYSE:R) Receives Consensus Recommendation of “Moderate Buy” from Analysts

by · The Cerbat Gem

Shares of Ryder System, Inc. (NYSE:R – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $205.6667.

Several equities analysts recently commented on the company. Citigroup increased their target price on Ryder System from $196.00 to $218.00 and gave the company a “buy” rating in a report on Friday, December 19th. Wells Fargo & Company started coverage on Ryder System in a report on Friday, December 5th. They issued an “overweight” rating and a $210.00 price objective on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, October 8th. JPMorgan Chase & Co. upped their price target on Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Finally, Morgan Stanley raised their price objective on shares of Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, December 8th.

Get Our Latest Analysis on R

Ryder System Stock Up 0.9%

R stock opened at $197.01 on Friday. The company’s 50 day moving average price is $176.71 and its 200 day moving average price is $176.44. The firm has a market capitalization of $7.96 billion, a price-to-earnings ratio of 16.64 and a beta of 0.97. Ryder System has a fifty-two week low of $125.54 and a fifty-two week high of $200.53. The company has a debt-to-equity ratio of 2.35, a quick ratio of 1.02 and a current ratio of 1.02.

Ryder System (NYSE:R – Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The transportation company reported $3.57 EPS for the quarter, topping the consensus estimate of $3.56 by $0.01. Ryder System had a net margin of 3.96% and a return on equity of 17.69%. The company had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $3.19 billion. During the same quarter in the previous year, the business posted $3.44 EPS. The firm’s revenue was up .1% on a year-over-year basis. Ryder System has set its Q4 2025 guidance at 3.500-3.700 EPS and its FY 2025 guidance at 12.850-13.050 EPS. On average, equities research analysts anticipate that Ryder System will post 13.68 EPS for the current fiscal year.

Ryder System Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Monday, November 17th were given a $0.91 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.64 dividend on an annualized basis and a yield of 1.8%. Ryder System’s payout ratio is 30.74%.

Institutional Trading of Ryder System

Institutional investors and hedge funds have recently made changes to their positions in the company. Valeo Financial Advisors LLC boosted its position in shares of Ryder System by 51,455.2% in the 2nd quarter. Valeo Financial Advisors LLC now owns 2,868,534 shares of the transportation company’s stock valued at $456,097,000 after purchasing an additional 2,862,970 shares during the period. State Street Corp grew its position in shares of Ryder System by 0.4% during the second quarter. State Street Corp now owns 1,995,292 shares of the transportation company’s stock worth $317,251,000 after acquiring an additional 7,447 shares during the last quarter. Orbis Allan Gray Ltd grew its position in shares of Ryder System by 15.4% during the second quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company’s stock worth $159,856,000 after acquiring an additional 134,423 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Ryder System by 6.7% in the 2nd quarter. Bank of America Corp DE now owns 988,117 shares of the transportation company’s stock valued at $157,111,000 after acquiring an additional 62,313 shares during the period. Finally, Sei Investments Co. raised its position in Ryder System by 3.5% in the 3rd quarter. Sei Investments Co. now owns 883,338 shares of the transportation company’s stock valued at $166,633,000 after purchasing an additional 30,144 shares during the last quarter. 87.47% of the stock is owned by hedge funds and other institutional investors.

Ryder System Company Profile

(Get Free Report)

Ryder System, Inc is a leading provider of transportation and supply chain management solutions, serving commercial customers across a range of industries. The company’s Fleet Management Solutions segment offers full-service leasing and rental of medium- and heavy-duty trucks, tractors and trailers, along with maintenance and repair services at its network of service locations. Its Supply Chain Solutions segment provides integrated, technology-driven offerings that span managed transportation, dedicated contract carriage, warehousing and distribution, and e-commerce fulfillment.

Founded in 1933 and headquartered in Miami, Florida, Ryder has grown from a regional truck leasing operation into a diversified, global logistics provider.

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