Ryder System (NYSE:R – Get Free Report) had its target price upped by analysts at Wells Fargo & Company from $300.00 to $305.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the transportation company’s stock. Wells Fargo & Company‘s target price points to a potential upside of 17.36% from the company’s previous close.
Other analysts have also issued reports about the company. Susquehanna lowered their price target on Ryder System from $310.00 to $280.00 and set a “positive” rating on the stock in a research note on Friday, October 2nd. Morgan Stanley raised Ryder System from an “overweight” rating to a “buy” rating in a research note on Monday, October 5th. Wall Street Zen raised Ryder System from a “buy” rating to a “strong-buy” rating in a research note on Monday, October 12th. Stephens raised their price objective on Ryder System from $280.00 to $305.00 and gave the company an “overweight” rating in a report on Friday. Finally, Citigroup reaffirmed a “market perform” rating on shares of Ryder System in a research note on Friday. Seven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $288.67.
Ryder System Price Performance
Shares of R stock traded down $5.64 on Friday, reaching $259.89. 98,205 shares of the company were exchanged, compared to its average volume of 359,037. The company has a market cap of $9.97 billion, a price-to-earnings ratio of 21.08 and a beta of 1.05. The business has a 50-day moving average price of $242.32 and a 200 day moving average price of $249.09. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.65 and a current ratio of 0.65. Ryder System has a 1 year low of $160.08 and a 1 year high of $284.25.
Ryder System (NYSE:R – Get Free Report) last issued its quarterly earnings results on Thursday, October 22nd. The transportation company reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.15 by $0.18. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The firm had revenue of $2.76 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same period last year, the company posted $3.57 EPS. Ryder System’s quarterly revenue was up 8.3% compared to the same quarter last year. Equities research analysts forecast that Ryder System will post 14.74 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Ryder System
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Keating Financial Advisory Services Inc. purchased a new position in Ryder System during the second quarter worth approximately $26,000. Cedar Mountain Advisors LLC boosted its stake in Ryder System by 522.7% during the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after buying an additional 115 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Ryder System in the 2nd quarter valued at $30,000. MassMutual Private Wealth & Trust FSB grew its holdings in 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 buying an additional 43 shares in the last quarter. Finally, Root Financial Partners LLC grew its holdings in Ryder System by 45.5% in the 1st quarter. Root Financial Partners LLC now owns 243 shares of the transportation company’s stock valued at $50,000 after buying an additional 76 shares in the last quarter. Institutional investors and hedge funds own 87.47% of the company’s stock.
Key Ryder System News
Here are the key news stories impacting Ryder System this week:
- Positive Sentiment: Ryder reported third-quarter comparable EPS of $4.33, up from $3.57 a year earlier and above the approximately $4.15–$4.17 analyst consensus. Comparable earnings before taxes rose to $234 million from $200 million, marking the company’s eighth consecutive quarter of comparable EPS growth. Ryder Reports Third Quarter 2026 Results
- Positive Sentiment: Management raised its fiscal 2026 EPS outlook to $14.85–$15.05, above the $14.68 consensus estimate. The stronger outlook suggests continued earnings momentum despite an uneven transportation environment.
- Positive Sentiment: Stephens raised its price target from $280 to $305 and maintained an “overweight” rating, implying approximately 14.7% upside from the referenced share price. Stephens Ryder price target update
- Neutral Sentiment: Fourth-quarter EPS guidance of $4.25–$4.45 brackets the $4.27 consensus estimate, indicating expectations are broadly in line for the next quarter.
- Negative Sentiment: Reported revenue of $2.76 billion increased 8.3% year over year but was below the cited $3.38 billion consensus estimate. Ryder’s $10.7 billion full-year revenue guidance is also below the referenced $13.3 billion consensus, potentially raising concerns about revenue comparisons or softer volume growth even as profitability improves.
About Ryder System
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.
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