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

Shares of Ryder System, Inc. (NYSE:RGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the eleven brokerages that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $240.8889.

A number of analysts have recently issued reports on R shares. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, May 27th. JPMorgan Chase & Co. raised their target price on shares of Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Wells Fargo & Company raised their target price on shares of Ryder System from $260.00 to $290.00 and gave the stock an “overweight” rating in a research note on Friday, June 5th. Finally, Citigroup raised their target price on shares of Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a research note on Friday, April 24th.

Read Our Latest Stock Analysis on R

Insider Activity

In other Ryder System news, SVP Sanford J. Hodes sold 595 shares of Ryder System stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $251.95, for a total value of $149,910.25. Following the completion of the sale, the senior vice president owned 22,948 shares in the company, valued at $5,781,748.60. The trade was a 2.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Luis P. Nieto, Jr. sold 720 shares of Ryder System stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $235.79, for a total transaction of $169,768.80. Following the completion of the sale, the director owned 29,974 shares of the company’s stock, valued at $7,067,569.46. This trade represents a 2.35% decrease in their position. The SEC filing for this sale provides additional information. 4.90% of the stock is owned by insiders.

Institutional Trading of Ryder System

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Parallel Advisors LLC raised its stake in Ryder System by 5.2% in the 1st quarter. Parallel Advisors LLC now owns 1,385 shares of the transportation company’s stock worth $284,000 after purchasing an additional 68 shares in the last quarter. Kentucky Retirement Systems acquired a new stake in Ryder System in the 1st quarter worth about $889,000. Arkadios Wealth Advisors acquired a new stake in Ryder System in the 1st quarter worth about $433,000. EverSource Wealth Advisors LLC raised its stake in Ryder System by 110.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 713 shares of the transportation company’s stock worth $146,000 after purchasing an additional 374 shares in the last quarter. Finally, California State Teachers Retirement System raised its stake in Ryder System by 23.6% in the 1st quarter. California State Teachers Retirement System now owns 48,030 shares of the transportation company’s stock worth $9,832,000 after purchasing an additional 9,179 shares in the last quarter. Institutional investors and hedge funds own 87.47% of the company’s stock.

Ryder System Stock Performance

NYSE R opened at $280.99 on Friday. The firm has a 50-day moving average of $238.18 and a 200-day moving average of $211.69. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.68 and a current ratio of 0.68. The stock has a market cap of $10.87 billion, a PE ratio of 23.36 and a beta of 1.01. Ryder System has a 52-week low of $146.74 and a 52-week high of $281.77.

Ryder System (NYSE:RGet Free Report) last posted its earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. Ryder System’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter last year, the company posted $2.46 EPS. Ryder System has set its FY 2026 guidance at 14.050-14.80 EPS and its Q2 2026 guidance at 3.500-3.75 EPS. On average, sell-side analysts anticipate that Ryder System will post 14.82 EPS for the current year.

Ryder System Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Monday, May 18th will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, May 18th. Ryder System’s dividend payout ratio (DPR) is currently 30.26%.

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.

See Also

Analyst Recommendations for Ryder System (NYSE:R)

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