Ryder System (R) to Release Earnings on Wednesday

Ryder System (NYSE:R) is expected to be releasing its earnings data before the market opens on Wednesday, February 12th. Analysts expect Ryder System to post earnings of $3.39 per share and revenue of $3.31 billion for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Ryder System Stock Up 1.7 %

Shares of NYSE R opened at $158.80 on Wednesday. The company has a 50 day simple moving average of $161.44 and a 200 day simple moving average of $150.63. The firm has a market cap of $6.72 billion, a PE ratio of 14.85 and a beta of 1.30. Ryder System has a 1 year low of $106.62 and a 1 year high of $171.78. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.74 and a quick ratio of 0.74.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. lowered their price target on shares of Ryder System from $148.00 to $144.00 and set a “neutral” rating for the company in a report on Friday, October 25th. The Goldman Sachs Group raised their price target on shares of Ryder System from $160.00 to $183.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Finally, StockNews.com lowered shares of Ryder System from a “buy” rating to a “hold” rating in a report on Tuesday, October 29th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $147.43.

Ryder System Company Profile

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.