Ryder System (NYSE:R) Earns Market Perform Rating from Analysts at Citizens Jmp

Equities research analysts at Citizens Jmp began coverage on shares of Ryder System (NYSE:R) in a research note issued on Wednesday. The brokerage set a “market perform” rating on the transportation company’s stock.

R has been the topic of a number of other reports. Citigroup initiated coverage on Ryder System in a research report on Wednesday. They set a “market perform” rating on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, May 27th. Morgan Stanley raised their target price on Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Stephens raised shares of Ryder System to a “strong-buy” rating in a research note on Wednesday, July 8th. Finally, Zacks Research downgraded shares of Ryder System from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Ryder System has an average rating of “Moderate Buy” and a consensus target price of $265.00.

Ryder System Stock Performance

Shares of NYSE:R opened at $268.10 on Wednesday. The business has a 50-day moving average of $256.41 and a two-hundred day moving average of $224.93. Ryder System has a 12 month low of $157.67 and a 12 month high of $284.25. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a market capitalization of $10.37 billion, a PE ratio of 22.29 and a beta of 1.01.

Ryder System (NYSE:R) last released its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. The business had revenue of $2.57 billion during the quarter, compared to analyst estimates of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The business’s revenue was down .2% on a year-over-year basis. During the same period last year, the business earned $2.46 EPS. 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, research analysts forecast that Ryder System will post 14.82 earnings per share for the current year.

Insider Activity at Ryder System

In related news, Director Luis P. Nieto, Jr. sold 720 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $235.79, for a total value of $169,768.80. Following the completion of the transaction, the director owned 29,974 shares of the company’s stock, valued at approximately $7,067,569.46. This trade represents a 2.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Sanford J. Hodes sold 595 shares of the company’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 transaction, the senior vice president directly owned 22,948 shares in the company, valued at $5,781,748.60. The trade was a 2.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 4.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ryder System

Large investors have recently made changes to their positions in the company. Royal Bank of Canada increased its holdings in Ryder System by 52.8% in the first quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock worth $2,267,000 after buying an additional 5,448 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of Ryder System by 7.9% during the 1st quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock valued at $266,000 after purchasing an additional 135 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Ryder System by 61.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 109 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Ryder System by 10.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,191 shares of the transportation company’s stock worth $189,000 after acquiring an additional 110 shares in the last quarter. Finally, M&T Bank Corp grew its holdings in Ryder System by 10.9% during the second quarter. M&T Bank Corp now owns 2,153 shares of the transportation company’s stock valued at $343,000 after purchasing an additional 212 shares during the last quarter. Institutional investors own 87.47% of the company’s stock.

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.