Ryder System (NYSE:R) Given Peer Perform Rating at Wolfe Research

Wolfe Research reissued their peer perform rating on shares of Ryder System (NYSE:R) in a research note released on Thursday morning, Marketbeat.com reports.

R has been the topic of a number of other research reports. 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 report on Monday, December 8th. Wells Fargo & Company assumed coverage on shares of Ryder System in a research note on Friday, December 5th. They issued an “overweight” rating and a $210.00 price target for the company. Barclays increased 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 note on Friday, October 24th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $205.67.

Ryder System Stock Performance

R stock opened at $189.78 on Thursday. The firm has a market cap of $7.66 billion, a PE ratio of 16.03 and a beta of 0.96. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 2.35. The stock has a 50-day moving average price of $181.05 and a 200-day moving average price of $179.59. Ryder System has a 1-year low of $125.54 and a 1-year high of $200.53.

Ryder System (NYSE:R) last released its earnings results on Thursday, October 23rd. The transportation company reported $3.57 EPS for the quarter, topping the consensus estimate of $3.56 by $0.01. The business had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $3.19 billion. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The firm’s revenue was up .1% on a year-over-year basis. During the same quarter last year, the firm posted $3.44 earnings per share. 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. As a group, equities research analysts expect that Ryder System will post 13.68 earnings per share for the current year.

Institutional Investors Weigh In On Ryder System

Several institutional investors have recently bought and sold shares of R. Royal Bank of Canada lifted its stake in Ryder System by 52.8% during the 1st quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock valued at $2,267,000 after acquiring an additional 5,448 shares in the last quarter. Great Lakes Advisors LLC lifted its position in shares of Ryder System by 11.2% during the first quarter. Great Lakes Advisors LLC now owns 2,148 shares of the transportation company’s stock valued at $309,000 after purchasing an additional 217 shares in the last quarter. United Services Automobile Association purchased a new position in Ryder System during the first quarter worth about $396,000. Focus Partners Wealth grew its position in Ryder System by 7.9% in the 1st quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock worth $266,000 after purchasing an additional 135 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in Ryder System by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after buying an additional 109 shares during the last quarter. Institutional investors own 87.47% of the company’s stock.

About Ryder System

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.