Ryder System, Inc. (NYSE:R) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Ryder System, Inc. (NYSE:RGet Free Report) have received a consensus rating of “Moderate Buy” from the eleven ratings firms that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $245.00.

Several equities research analysts recently commented on the stock. Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th. Robert W. Baird lifted their target price on shares of Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a research report on Wednesday. Citigroup lifted their target price on shares of Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. increased their price objective on Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a report on Friday, April 24th.

Get Our Latest Analysis on Ryder System

Insider Buying and Selling at Ryder System

In related news, SVP Sanford J. Hodes sold 595 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $251.95, for a total transaction of $149,910.25. Following the completion of the transaction, the senior vice president directly owned 22,948 shares of the company’s stock, valued at $5,781,748.60. This trade represents a 2.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Luis P. Nieto, Jr. sold 720 shares of the firm’s 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 transaction, the director directly owned 29,974 shares of the company’s stock, valued at approximately $7,067,569.46. This represents a 2.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 4.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Parallel Advisors LLC raised its position in Ryder System by 5.2% during the 1st quarter. Parallel Advisors LLC now owns 1,385 shares of the transportation company’s stock worth $284,000 after purchasing an additional 68 shares during the last quarter. Kentucky Retirement Systems acquired a new stake in Ryder System during the 1st quarter worth about $889,000. Arkadios Wealth Advisors acquired a new stake in Ryder System during the 1st quarter worth about $433,000. EverSource Wealth Advisors LLC grew its holdings in Ryder System by 110.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 713 shares of the transportation company’s stock worth $146,000 after acquiring an additional 374 shares during the period. Finally, California State Teachers Retirement System grew its holdings in Ryder System by 23.6% during the 1st quarter. California State Teachers Retirement System now owns 48,030 shares of the transportation company’s stock worth $9,832,000 after acquiring an additional 9,179 shares during the period. 87.47% of the stock is owned by institutional investors.

Ryder System Trading Down 0.9%

Shares of R stock opened at $263.74 on Friday. The firm has a market capitalization of $10.20 billion, a P/E ratio of 21.92 and a beta of 1.01. Ryder System has a twelve month low of $149.45 and a twelve month high of $284.25. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09. The stock’s fifty day simple moving average is $244.79 and its 200 day simple moving average is $215.22.

Ryder System (NYSE:RGet Free Report) last issued its earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter in the prior year, the firm earned $2.46 EPS. The business’s revenue for the quarter was down .2% compared to the same quarter last year. 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. As a group, sell-side analysts predict that Ryder System will post 14.82 EPS for the current fiscal year.

Ryder System Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Monday, May 18th will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, May 18th. Ryder System’s dividend payout ratio (DPR) is currently 30.26%.

About Ryder System

(Get Free Report)

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.

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Analyst Recommendations for Ryder System (NYSE:R)

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