Ryder System (NYSE:R) Stock Rating Upgraded by Wall Street Zen

Ryder System (NYSE:R) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Friday.

Other analysts also recently issued research reports about the stock. Citigroup began coverage on shares of Ryder System in a research report on Monday, September 22nd. They issued a “buy” rating and a $217.00 price objective for the company. Barclays increased their price objective on shares of Ryder System from $190.00 to $220.00 and gave the company an “overweight” rating in a research report on Thursday. Morgan Stanley increased their price objective on shares of Ryder System from $175.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, July 28th. Stephens increased their target price on Ryder System from $150.00 to $190.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 29th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research note on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $193.22.

Ryder System Stock Up 1.4%

Shares of NYSE:R opened at $193.20 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 2.27. Ryder System has a 52-week low of $125.54 and a 52-week high of $195.17. The company has a 50 day moving average of $183.92 and a two-hundred day moving average of $162.83. The company has a market capitalization of $7.88 billion, a price-to-earnings ratio of 16.43 and a beta of 1.00.

Ryder System (NYSE:R) last issued its quarterly earnings data on Thursday, July 24th. The transportation company reported $3.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.11 by $0.21. Ryder System had a net margin of 3.99% and a return on equity of 17.83%. The company had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.17 billion. During the same quarter last year, the company earned $3.00 earnings per share. Ryder System’s revenue for the quarter was up .2% on a year-over-year basis. Ryder System has set its Q3 2025 guidance at 3.450-3.650 EPS. FY 2025 guidance at 12.850-13.300 EPS. As a group, analysts forecast that Ryder System will post 13.68 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Cristina Gallo-Aquino sold 1,000 shares of the firm’s stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $180.87, for a total transaction of $180,870.00. Following the transaction, the chief financial officer directly owned 26,561 shares in the company, valued at $4,804,088.07. This trade represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director E Follin Smith sold 5,523 shares of the firm’s stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $177.66, for a total value of $981,216.18. Following the transaction, the director owned 33,779 shares in the company, valued at $6,001,177.14. This trade represents a 14.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 41,618 shares of company stock valued at $7,587,997 over the last three months. 5.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ryder System

Large investors have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue lifted its stake in Ryder System by 2.2% in the first quarter. State of Alaska Department of Revenue now owns 4,928 shares of the transportation company’s stock valued at $708,000 after buying an additional 105 shares during the last quarter. DAVENPORT & Co LLC bought a new stake in Ryder System in the first quarter valued at $557,000. GAMMA Investing LLC lifted its stake in Ryder System by 41.8% in the first quarter. GAMMA Investing LLC now owns 1,278 shares of the transportation company’s stock valued at $184,000 after buying an additional 377 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. bought a new stake in Ryder System in the first quarter valued at $4,721,000. Finally, Voya Investment Management LLC lifted its stake in Ryder System by 34.4% in the first quarter. Voya Investment Management LLC now owns 42,782 shares of the transportation company’s stock valued at $6,152,000 after buying an additional 10,957 shares during the last quarter. 87.47% of the stock is currently owned by institutional investors.

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.