Ryder System (NYSE:R) Given New $302.00 Price Target at Citigroup

Ryder System (NYSE:R) had its price target increased by stock analysts at Citigroup from $285.00 to $302.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has a “buy” rating on the transportation company’s stock. Citigroup‘s price target would indicate a potential upside of 12.57% from the company’s current price.

A number of other brokerages have also recently issued reports on R. Wells Fargo & Company lifted their price objective on shares of Ryder System from $300.00 to $305.00 and gave the company an “overweight” rating in a research note on Friday. JPMorgan Chase & Co. boosted their price objective on Ryder System from $298.00 to $315.00 and gave the company an “overweight” rating in a research note on Friday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research note on Monday, August 24th. Citizens Jmp started coverage on Ryder System in a report on Wednesday, July 15th. They issued a “market perform” rating on the stock. Finally, Morgan Stanley raised Ryder System from an “overweight” rating to a “buy” rating in a report on Monday, October 5th. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Ryder System presently has a consensus rating of “Moderate Buy” and an average price target of $292.44.

Ryder System Trading Up 1.0%

R traded up $2.75 during mid-day trading on Friday, hitting $268.27. The stock had a trading volume of 363,957 shares, compared to its average volume of 360,379. The firm has a market capitalization of $10.29 billion, a price-to-earnings ratio of 21.82 and a beta of 1.05. Ryder System has a 1-year low of $160.08 and a 1-year high of $284.25. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.65 and a quick ratio of 0.65. The stock’s fifty day simple moving average is $242.32 and its 200-day simple moving average is $249.09.

Ryder System (NYSE:R) last released its earnings results on Thursday, October 22nd. The transportation company reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.15 by $0.18. Ryder System had a return on equity of 18.28% and a net margin of 3.88%. The business had revenue of $2.76 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the previous year, the business earned $3.57 earnings per share. Ryder System’s quarterly revenue was up 8.3% on a year-over-year basis. As a group, research analysts forecast that Ryder System will post 14.74 EPS for the current fiscal year.

Institutional Trading of Ryder System

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in R. BlackRock Inc. purchased a new stake in Ryder System in the 2nd quarter worth approximately $1,060,749,000. Dimensional Fund Advisors LP increased its position in shares of Ryder System by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,621,947 shares of the transportation company’s stock valued at $331,996,000 after purchasing an additional 6,652 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of Ryder System during the 2nd quarter worth about $207,689,000. First Trust Advisors LP raised its holdings in shares of Ryder System by 81.5% in the first quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company’s stock worth $206,822,000 after buying an additional 453,697 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Ryder System during the second quarter valued at $136,320,000. 87.47% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Ryder System

Here are the key news stories impacting Ryder System this week:

• Positive Sentiment: Third-quarter EPS beat expectations: Ryder reported comparable earnings of $4.33 per share, up from $3.57 a year ago and ahead of the roughly $4.15–$4.17 consensus. The company also reported its eighth consecutive quarter of comparable EPS growth, supporting the view that operating momentum remains healthy. Ryder Reports Third Quarter 2026 Results
• Positive Sentiment: Full-year profit outlook was raised: Ryder now expects fiscal 2026 EPS of $14.85–$15.05, above the $14.68 analyst consensus. The updated outlook suggests management expects earnings strength to continue beyond the third quarter.
• Positive Sentiment: Analysts became more bullish: JPMorgan, Barclays, Wells Fargo, and Stephens all raised their price targets to $305–$315 and maintained “overweight” ratings. The new targets imply approximately 15%–19% upside from the referenced share price, providing an additional catalyst for the stock.
• Positive Sentiment: Management highlighted durable operating strength: The earnings call characterized Ryder as well positioned for the transportation cycle, with continued earnings growth and improving business conditions supporting the upgraded outlook. Ryder System Earnings Call Signals Cycle-Ready Strength
• Neutral Sentiment: Fourth-quarter guidance was generally consistent with expectations: Ryder forecast EPS of $4.25–$4.45, compared with consensus of $4.27. This indicates continued profitability but offers limited near-term upside relative to estimates.
• Negative Sentiment: Revenue remains a concern: Syndicated results data indicated quarterly revenue of $2.76 billion, below a $3.38 billion consensus estimate, although revenue increased 8.3% year over year. The company’s $10.7 billion full-year revenue outlook was also below the cited $13.3 billion consensus, creating a potential headwind if the discrepancy reflects weaker-than-expected top-line growth.

Ryder System Company Profile

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain and dedicated transportation services. Founded in 1933 by James Ryder and headquartered in Miami, Florida, the company serves businesses that rely on commercial vehicles, transportation networks and logistics infrastructure.

Through its Fleet Management Solutions business, Ryder offers full-service leasing, commercial vehicle rental, maintenance, fleet support and related services for trucks, tractors, trailers and other vehicles.