Citizens Jmp Begins Coverage on Ryder System (NYSE:R)

Stock analysts at Citizens Jmp began coverage on shares of Ryder System (NYSE:R) in a research note issued to investors on Wednesday, MarketBeat.com reports. The firm set a “market perform” rating on the transportation company’s stock.

Other research analysts have also issued research reports about the company. Robert W. Baird boosted their price target on Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 17th. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Zacks Research downgraded shares of Ryder System from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th. Finally, Citigroup cut shares of Ryder System from a “neutral” rating to a “hold” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Ryder System currently has a consensus rating of “Moderate Buy” and an average target price of $265.00.

Ryder System Trading Up 3.3%

Ryder System stock opened at $273.24 on Wednesday. The company has a market cap of $10.57 billion, a price-to-earnings ratio of 22.71 and a beta of 1.01. The firm has a 50-day moving average of $257.50 and a 200-day moving average of $225.94. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.68 and a quick ratio of 0.68. Ryder System has a one year low of $157.67 and a one year high of $284.25.

Ryder System (NYSE:R) last released its earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The business had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $3.11 billion. During the same quarter in the previous year, the business earned $2.46 earnings per share. Ryder System’s quarterly revenue was down .2% on a year-over-year basis. Ryder System has set its FY 2026 guidance at 14.050-14.80 EPS and its Q2 2026 guidance at 3.500-3.75 EPS. On average, equities analysts expect that Ryder System will post 14.82 earnings per share for the current fiscal year.

Insider Activity at Ryder System

In related news, Director Luis P. Nieto, Jr. sold 720 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $235.79, for a total value of $169,768.80. Following the sale, the director owned 29,974 shares in the company, valued at approximately $7,067,569.46. This represents a 2.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Sanford J. Hodes sold 595 shares of the firm’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total value of $149,910.25. Following the sale, the senior vice president directly owned 22,948 shares of the company’s stock, valued at $5,781,748.60. This represents a 2.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 4.90% of the company’s stock.

Hedge Funds Weigh In On Ryder System

Several institutional investors and hedge funds have recently modified their holdings of the stock. Cedar Mountain Advisors LLC lifted its stake in shares of Ryder System by 522.7% during the 1st quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after buying an additional 115 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in Ryder System in the 4th quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Ryder System in the 4th quarter valued at about $34,000. Optima Capital LLC bought a new position in Ryder System in the 4th quarter valued at about $39,000. Finally, Geneos Wealth Management Inc. lifted its position in Ryder System by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after acquiring an additional 109 shares during 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.