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

Shares of Ryder System, Inc. (NYSE:RGet Free Report) have been assigned a consensus rating of “Moderate Buy” from the eleven research firms that are currently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $264.50.

R has been the subject of several recent analyst reports. Barclays boosted their target price on Ryder System from $250.00 to $290.00 and gave the stock an “overweight” rating in a research report on Friday, June 26th. JPMorgan Chase & Co. lifted their price target on Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Wells Fargo & Company upped their price objective on shares of Ryder System from $260.00 to $290.00 and gave the stock an “overweight” rating in a research report on Friday, June 5th. Wall Street Zen raised shares of Ryder System from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th.

Check Out Our Latest Stock Report on R

Insider Buying and Selling 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 transaction, the director owned 29,974 shares of the company’s stock, valued at $7,067,569.46. This represents a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Sanford J. Hodes sold 595 shares of the firm’s stock in a transaction dated 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 owned 22,948 shares in the company, valued at $5,781,748.60. The trade was a 2.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 4.90% of the stock is currently owned by insiders.

Institutional Trading of Ryder System

Several hedge funds and other institutional investors have recently bought and sold shares of R. CoreCap Advisors LLC raised its stake in shares of Ryder System by 147.2% during the second quarter. CoreCap Advisors LLC now owns 351 shares of the transportation company’s stock worth $93,000 after acquiring an additional 209 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Ryder System by 36.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 43 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Ryder System by 5.2% during the 1st quarter. Parallel Advisors LLC now owns 1,385 shares of the transportation company’s stock valued at $284,000 after purchasing an additional 68 shares during the last quarter. Kentucky Retirement Systems purchased a new position in Ryder System in the 1st quarter worth $889,000. Finally, Arkadios Wealth Advisors bought a new stake in Ryder System in the first quarter worth $433,000. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Price Performance

Shares of R traded down $0.14 during midday trading on Tuesday, hitting $262.36. 6,690 shares of the company traded hands, compared to its average volume of 394,587. Ryder System has a one year low of $157.67 and a one year high of $284.25. The firm has a market cap of $10.15 billion, a P/E ratio of 21.76 and a beta of 1.01. 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 stock has a 50-day moving average of $254.11 and a 200-day moving average of $221.81.

Ryder System (NYSE:RGet Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, beating the consensus estimate of $2.29 by $0.25. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter in the previous year, the company earned $2.46 earnings per share. Ryder System’s revenue for the quarter 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. As a group, sell-side analysts predict that Ryder System will post 14.82 EPS for the current fiscal year.

Ryder System Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Monday, May 18th were issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, May 18th. Ryder System’s payout ratio is currently 30.26%.

Ryder System Company Profile

(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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