Brokerages Set Ryder System, Inc. (NYSE:R) Target Price at $195.89

by · The Cerbat Gem

Ryder System, Inc. (NYSE:R – Get Free Report) has earned an average recommendation of “Moderate Buy” from the eleven analysts that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $195.8889.

A number of equities research analysts recently commented on R shares. Robert W. Baird raised their price objective on shares of Ryder System from $186.00 to $192.00 and gave the stock an “outperform” rating in a report on Monday, July 28th. Citigroup started coverage on shares of Ryder System in a report on Monday, September 22nd. They set a “buy” rating and a $217.00 price objective on the stock. Barclays raised their price objective on shares of Ryder System from $190.00 to $220.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. JPMorgan Chase & Co. raised their price objective on shares of Ryder System from $194.00 to $197.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Finally, Stephens raised their price objective on shares of Ryder System from $150.00 to $190.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 29th.

View Our Latest Research Report on Ryder System

Ryder System Trading Up 0.1%

Shares of NYSE R opened at $169.62 on Thursday. The company’s fifty day moving average is $183.43 and its 200-day moving average is $168.17. The stock has a market cap of $6.85 billion, a price-to-earnings ratio of 14.33 and a beta of 1.00. Ryder System has a twelve month low of $125.54 and a twelve month high of $195.48. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 2.35.

Ryder System (NYSE:R – Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The transportation company reported $3.57 EPS for the quarter, topping analysts’ consensus estimates of $3.56 by $0.01. Ryder System had a net margin of 3.96% and a return on equity of 17.69%. The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.19 billion. During the same period last year, the business posted $3.44 earnings per share. The firm’s quarterly revenue was up .1% on a year-over-year basis. Ryder System has set its Q4 2025 guidance at 3.500-3.700 EPS. FY 2025 guidance at 12.850-13.050 EPS. Equities research analysts predict that Ryder System will post 13.68 EPS for the current year.

Ryder System Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Monday, November 17th will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 2.1%. The ex-dividend date is Monday, November 17th. Ryder System’s payout ratio is presently 30.74%.

Insider Buying and Selling at Ryder System

In other Ryder System news, SVP Sanford J. Hodes sold 532 shares of Ryder System stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $187.48, for a total value of $99,739.36. Following the sale, the senior vice president directly owned 24,452 shares in the company, valued at approximately $4,584,260.96. The trade was a 2.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Steve W. Martin sold 5,500 shares of Ryder System stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $186.98, for a total transaction of $1,028,390.00. Following the completion of the sale, the executive vice president owned 24,235 shares in the company, valued at $4,531,460.30. The trade was a 18.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 12,532 shares of company stock worth $2,309,634. Insiders own 5.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of R. Hantz Financial Services Inc. increased its stake in shares of Ryder System by 770.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 174 shares of the transportation company’s stock worth $28,000 after purchasing an additional 154 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of Ryder System during the 3rd quarter worth about $28,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Ryder System by 237.0% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 182 shares of the transportation company’s stock worth $29,000 after purchasing an additional 128 shares during the last quarter. MAI Capital Management increased its stake in shares of Ryder System by 57.6% during the 2nd quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock worth $30,000 after purchasing an additional 68 shares during the last quarter. Finally, TCTC Holdings LLC increased its stake in shares of Ryder System by 116.5% during the 1st quarter. TCTC Holdings LLC now owns 223 shares of the transportation company’s stock worth $32,000 after purchasing an additional 120 shares during the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

About Ryder System

(Get Free Report)

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.

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