Shares of Ryder System, Inc. (NYSE:R – Get Free Report) have been given an average rating of “Moderate Buy” by the eleven brokerages that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $205.6667.
Several research firms recently commented on R. JPMorgan Chase & Co. raised their target price on Ryder System from $194.00 to $197.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Wells Fargo & Company initiated coverage on shares of Ryder System in a research note on Friday, December 5th. They issued an “overweight” rating and a $210.00 target price on the stock. Citigroup lifted their price target on shares of Ryder System from $196.00 to $218.00 and gave the company a “buy” rating in a report on Friday, December 19th. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, October 8th. Finally, Wolfe Research reaffirmed a “peer perform” rating on shares of Ryder System in a report on Thursday, January 8th.
Ryder System Trading Down 0.2%
Ryder System (NYSE:R – Get Free Report) last issued its earnings results on Thursday, October 23rd. The transportation company reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.01. The business had revenue of $2.61 billion for the quarter, compared to analyst estimates of $3.19 billion. Ryder System had a net margin of 3.96% and a return on equity of 17.69%. The firm’s revenue was up .1% on a year-over-year basis. During the same period in the previous year, the business earned $3.44 EPS. 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 expect that Ryder System will post 13.68 EPS for the current year.
Hedge Funds Weigh In On Ryder System
Institutional investors have recently bought and sold shares of the business. Voya Investment Management LLC increased its stake in shares of Ryder System by 34.4% in the 1st quarter. Voya Investment Management LLC now owns 42,782 shares of the transportation company’s stock valued at $6,152,000 after acquiring an additional 10,957 shares during the last quarter. Valeo Financial Advisors LLC grew its holdings in Ryder System by 51,455.2% during the second 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. Asset Management One Co. Ltd. acquired a new position in Ryder System during the third quarter valued at approximately $3,495,000. Genus Capital Management Inc. bought a new stake in Ryder System in the second quarter valued at approximately $1,463,000. Finally, Strs Ohio acquired a new stake in Ryder System in the first quarter worth $2,479,000. Institutional investors own 87.47% of the company’s stock.
Ryder System Company Profile
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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