Ryder System, Inc. (NYSE:R) Given Average Recommendation of “Moderate Buy” by Analysts

Ryder System, Inc. (NYSE:R) has earned a consensus recommendation of “Moderate Buy” from the eleven analysts that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $195.8889.

A number of brokerages have recently commented on R. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a report on Wednesday, October 8th. Citigroup began coverage on shares of Ryder System in a report on Monday, September 22nd. They set a “buy” rating and a $217.00 target price on the stock. Robert W. Baird boosted their target price on shares of Ryder System from $186.00 to $192.00 and gave the company an “outperform” rating in a report on Monday, July 28th. JPMorgan Chase & Co. upped their price target on shares of Ryder System from $194.00 to $197.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Finally, Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd.

Ryder System Trading Up 0.9%

NYSE:R opened at $170.48 on Thursday. The company has a fifty day moving average of $183.99 and a 200 day moving average of $167.77. Ryder System has a 52 week low of $125.54 and a 52 week 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. The firm has a market capitalization of $6.88 billion, a P/E ratio of 14.40 and a beta of 1.00.

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

Ryder System Dividend Announcement

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

Insider Buying and Selling

In other Ryder System news, insider Thomas M. Havens sold 6,500 shares of the company’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $181.77, for a total transaction of $1,181,505.00. Following the transaction, the insider owned 32,478 shares in the company, valued at approximately $5,903,526.06. This represents a 16.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Sanford J. Hodes sold 532 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $187.48, for a total transaction of $99,739.36. Following the transaction, the senior vice president owned 24,452 shares in the company, valued at $4,584,260.96. This represents a 2.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,532 shares of company stock worth $2,309,634 in the last quarter. Corporate insiders own 5.20% of the company’s stock.

Hedge Funds Weigh In On Ryder System

Several hedge funds and other institutional investors have recently bought and sold shares of R. DAVENPORT & Co LLC purchased a new stake in Ryder System during the 1st quarter valued at approximately $557,000. GAMMA Investing LLC boosted its position in shares of Ryder System by 41.8% during the 1st quarter. GAMMA Investing LLC now owns 1,278 shares of the transportation company’s stock valued at $184,000 after acquiring an additional 377 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. bought a new position in shares of Ryder System during the 1st quarter valued at approximately $4,721,000. Voya Investment Management LLC boosted its position in shares of Ryder System by 34.4% during 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. Finally, Valeo Financial Advisors LLC boosted its position in shares of Ryder System by 51,455.2% during the 2nd quarter. Valeo Financial Advisors LLC now owns 2,868,534 shares of the transportation company’s stock valued at $456,097,000 after acquiring an additional 2,862,970 shares during the last quarter. Institutional investors own 87.47% of the company’s stock.

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.