Ryder System, Inc. (NYSE:R) is set to issue its quarterly earnings data before the market opens on Tuesday, October 24th. Analysts expect the company to announce earnings of $1.32 per share for the quarter. Ryder System has set its FY17 guidance at $4.38-4.58 EPS.

Ryder System (NYSE:R) last posted its quarterly earnings results on Wednesday, July 26th. The transportation company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.07. The business had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.76 billion. Ryder System had a return on equity of 11.71% and a net margin of 3.17%. The firm’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.56 earnings per share. On average, analysts expect Ryder System to post $4.44 EPS for the current fiscal year and $5.27 EPS for the next fiscal year.

Ryder System, Inc. (R) opened at 79.61 on Tuesday. Ryder System, Inc. has a 12-month low of $62.03 and a 12-month high of $85.50. The company has a 50-day moving average price of $81.08 and a 200 day moving average price of $73.30. The company has a market cap of $4.22 billion, a PE ratio of 19.17 and a beta of 1.40.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Monday, November 20th will be issued a $0.46 dividend. The ex-dividend date is Friday, November 17th. This represents a $1.84 dividend on an annualized basis and a yield of 2.31%. Ryder System’s payout ratio is presently 44.12%.

R has been the subject of a number of recent research reports. ValuEngine raised Ryder System from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub upgraded Ryder System from a “hold” rating to a “buy” rating in a research report on Wednesday, June 28th. KeyCorp upgraded Ryder System from a “sector weight” rating to an “overweight” rating in a research report on Wednesday, September 13th. Stifel Nicolaus reiterated a “hold” rating and issued a $68.00 price target on shares of Ryder System in a research report on Tuesday, September 5th. Finally, Zacks Investment Research upgraded Ryder System from a “hold” rating to a “buy” rating and set a $82.00 price target on the stock in a research report on Friday, July 7th. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $83.86.

In related news, insider John S. Sensing sold 4,502 shares of the company’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $73.01, for a total transaction of $328,691.02. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Robert E. Sanchez sold 26,275 shares of the company’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $72.43, for a total value of $1,903,098.25. Following the sale, the chief executive officer now owns 107,237 shares in the company, valued at approximately $7,767,175.91. The disclosure for this sale can be found here. Insiders sold a total of 40,427 shares of company stock worth $2,933,827 in the last quarter. Corporate insiders own 1.95% of the company’s stock.

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Ryder System Company Profile

Ryder System, Inc is engaged in offering transportation and supply chain management solutions. The Company operates through three segments: Fleet Management Solutions (FMS), which provides leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the United States, Canada and the United Kingdom; Dedicated Transportation Solutions (DTS), which provides vehicles and drivers as part of a dedicated transportation solution in the United States, and Supply Chain Solutions (SCS), which provides supply chain solutions, including distribution and transportation services in North America and Asia.

Earnings History for Ryder System (NYSE:R)

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