Citigroup Boosts Ryder System (NYSE:R) Price Target to $218.00

Ryder System (NYSE:R) had its price objective lifted by equities research analysts at Citigroup from $196.00 to $218.00 in a report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the transportation company’s stock. Citigroup’s target price points to a potential upside of 13.85% from the company’s previous close.

Several other equities analysts have also recently issued reports on the stock. Morgan Stanley boosted their target price on shares of Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, December 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a report on Wednesday, October 8th. Barclays upped their price objective on shares of Ryder System from $190.00 to $220.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. JPMorgan Chase & Co. raised their target price on Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Finally, Wall Street Zen upgraded Ryder System from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $205.67.

Ryder System Stock Up 0.7%

Shares of R opened at $191.48 on Friday. The company has a market capitalization of $7.73 billion, a price-to-earnings ratio of 16.17 and a beta of 0.97. Ryder System has a 52 week low of $125.54 and a 52 week high of $200.53. The stock’s 50-day moving average price is $176.10 and its 200-day moving average price is $175.60. 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) last announced its quarterly earnings results on Thursday, October 23rd. The transportation company reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.01. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The company had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $3.19 billion. During the same period last year, the business earned $3.44 earnings per share. Ryder System’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 and its FY 2025 guidance at 12.850-13.050 EPS. On average, sell-side analysts predict that Ryder System will post 13.68 EPS for the current year.

Institutional Investors Weigh In On Ryder System

Several institutional investors have recently bought and sold shares of R. Root Financial Partners LLC acquired a new position in shares of Ryder System during the third quarter valued at approximately $28,000. Assetmark Inc. increased its position in shares of Ryder System by 421.9% during the third quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock worth $32,000 after purchasing an additional 135 shares in the last quarter. Hantz Financial Services Inc. increased its position in shares of Ryder System by 770.0% during the second quarter. Hantz Financial Services Inc. now owns 174 shares of the transportation company’s stock worth $28,000 after purchasing an additional 154 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Ryder System by 237.0% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 182 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 128 shares during the last quarter. Finally, MAI Capital Management lifted its holdings in 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. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Company Profile

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.