Ryder System (NYSE:R) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Ryder System (NYSE:R) had its price target boosted by equities research analysts at Morgan Stanley from $190.00 to $250.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has an “overweight” rating on the transportation company’s stock. Morgan Stanley’s price objective would indicate a potential upside of 34.21% from the company’s previous close.

R has been the topic of a number of other reports. JPMorgan Chase & Co. raised their price target on shares of Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Citigroup began coverage on shares of Ryder System in a research note on Monday, September 22nd. They issued a “buy” rating and a $217.00 target price for the company. Wells Fargo & Company initiated coverage on Ryder System in a research report on Friday, December 5th. They set an “overweight” rating and a $210.00 price target on the stock. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Ryder System presently has a consensus rating of “Moderate Buy” and a consensus target price of $203.30.

Ryder System Stock Down 0.5%

Ryder System stock opened at $186.27 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 2.35. The firm has a market cap of $7.52 billion, a P/E ratio of 15.73 and a beta of 0.97. The business has a fifty day moving average of $175.43 and a two-hundred day moving average of $173.38. Ryder System has a twelve month low of $125.54 and a twelve month high of $195.48.

Ryder System (NYSE:R) last released 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 return on equity of 17.69% and a net margin of 3.96%.The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $3.19 billion. During the same period in the previous year, the company posted $3.44 EPS. The business’s revenue for the quarter was up .1% compared to the same quarter last year. 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, analysts forecast that Ryder System will post 13.68 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ryder System

Institutional investors have recently modified their holdings of the stock. Root Financial Partners LLC purchased a new stake in shares of Ryder System in the third quarter worth about $28,000. Assetmark Inc. increased its holdings in shares of Ryder System by 421.9% during the 3rd quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 135 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in Ryder System by 770.0% during the second quarter. Hantz Financial Services Inc. now owns 174 shares of the transportation company’s stock worth $28,000 after buying an additional 154 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Ryder System by 237.0% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 182 shares of the transportation company’s stock valued at $29,000 after buying an additional 128 shares during the period. Finally, MAI Capital Management increased its holdings in Ryder System by 57.6% in the second quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock valued at $30,000 after buying an additional 68 shares in the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

About Ryder System

Ryder System, Inc operates as a logistics and transportation company worldwide. It operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full-service leasing and leasing with flexible maintenance options; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers; access to diesel fuel; and fuel planning and tax reporting, cards, and monitoring services, and centralized billing, as well as sells used vehicles through its retail sales centers and www.ryder.com/used-trucks website, as well as digital and technology support services.