Ryder System, Inc. (NYSE:R) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Ryder System, Inc. (NYSE:RGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the ten analysts that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $215.4444.

Several equities analysts have commented on the company. Citigroup upped their price objective on Ryder System from $218.00 to $245.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research note on Thursday, January 22nd. Susquehanna upped their price target on shares of Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a report on Friday, February 13th. Morgan Stanley raised their price target on shares of Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, December 8th. Finally, Wells Fargo & Company lifted their price objective on shares of Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a report on Thursday, February 12th.

Check Out Our Latest Stock Analysis on Ryder System

Insider Transactions at Ryder System

In other Ryder System news, CEO Robert E. Sanchez sold 41,779 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $223.30, for a total transaction of $9,329,250.70. Following the transaction, the chief executive officer directly owned 40,828 shares in the company, valued at $9,116,892.40. This trade represents a 50.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Thomas M. Havens sold 12,571 shares of Ryder System stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $221.65, for a total value of $2,786,362.15. Following the sale, the insider directly owned 33,074 shares of the company’s stock, valued at approximately $7,330,852.10. This trade represents a 27.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,673 shares of company stock valued at $28,233,471 in the last ninety days. Corporate insiders own 4.90% of the company’s stock.

Hedge Funds Weigh In On Ryder System

A number of hedge funds and other institutional investors have recently made changes to their positions in R. Root Financial Partners LLC bought a new stake in shares of Ryder System in the third quarter valued at about $28,000. Los Angeles Capital Management LLC bought a new position in Ryder System during the 4th quarter worth about $31,000. Assetmark Inc. grew its holdings in Ryder System by 421.9% during the 3rd quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock worth $32,000 after acquiring an additional 135 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Ryder System during the 4th quarter valued at about $34,000. Finally, MAI Capital Management raised its holdings in shares of Ryder System by 57.6% in the 2nd quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 68 shares in the last quarter. Institutional investors own 87.47% of the company’s stock.

Ryder System Stock Down 1.1%

Shares of NYSE R opened at $197.76 on Friday. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.89 and a quick ratio of 0.89. The company has a market cap of $7.80 billion, a P/E ratio of 16.52 and a beta of 0.93. Ryder System has a 1 year low of $125.54 and a 1 year high of $230.38. The firm has a 50-day simple moving average of $204.71 and a two-hundred day simple moving average of $190.18.

Ryder System (NYSE:RGet Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The transportation company reported $3.59 earnings per share for the quarter, missing the consensus estimate of $3.66 by ($0.07). Ryder System had a return on equity of 17.70% and a net margin of 3.95%.The business had revenue of $2.60 billion during the quarter, compared to analysts’ expectations of $3.21 billion. During the same quarter in the previous year, the company posted $3.45 earnings per share. The company’s quarterly revenue was down .4% compared to the same quarter last year. Ryder System has set its FY 2026 guidance at 13.450-14.450 EPS and its Q1 2026 guidance at 2.100-2.350 EPS. Research analysts anticipate that Ryder System will post 13.68 earnings per share for the current year.

Ryder System Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, February 17th were given a dividend of $0.91 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.8%. Ryder System’s dividend payout ratio (DPR) is 30.41%.

About Ryder System

(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.

See Also

Analyst Recommendations for Ryder System (NYSE:R)

Receive News & Ratings for Ryder System Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryder System and related companies with MarketBeat.com's FREE daily email newsletter.