Ryder System, Inc. (NYSE:R) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Ryder System, Inc. (NYSE:RGet Free Report) have been given an average rating of “Moderate Buy” by the eleven analysts that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $234.8889.

Several brokerages recently weighed in on R. Wells Fargo & Company lifted their price target on Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Barclays lifted their price target on Ryder System from $220.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. 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. Wall Street Zen upgraded Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, Robert W. Baird lifted their price target on Ryder System from $202.00 to $253.00 and gave the company an “outperform” rating in a research report on Friday, April 24th.

Get Our Latest Stock Report on Ryder System

Insider Activity

In other news, CEO Robert E. Sanchez sold 41,779 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $223.30, for a total value of $9,329,250.70. Following the completion of the sale, the chief executive officer directly owned 40,828 shares in the company, valued at $9,116,892.40. The trade was a 50.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Luis P. Nieto, Jr. sold 720 shares of the business’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 sale, the director owned 29,974 shares of the company’s stock, valued at $7,067,569.46. This trade represents a 2.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 52,131 shares of company stock worth $11,639,250 over the last three months. 4.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Ryder System

A number of institutional investors and hedge funds have recently made changes to their positions in R. Allianz Asset Management GmbH raised its position in Ryder System by 254.1% in the third quarter. Allianz Asset Management GmbH now owns 34,835 shares of the transportation company’s stock valued at $6,571,000 after purchasing an additional 24,996 shares during the period. Thrivent Financial for Lutherans raised its position in Ryder System by 76.6% in the third quarter. Thrivent Financial for Lutherans now owns 66,941 shares of the transportation company’s stock valued at $12,628,000 after purchasing an additional 29,029 shares during the period. American Century Companies Inc. raised its position in Ryder System by 1.1% in the third quarter. American Century Companies Inc. now owns 867,658 shares of the transportation company’s stock valued at $163,675,000 after purchasing an additional 9,404 shares during the period. Calamos Wealth Management LLC purchased a new stake in Ryder System in the fourth quarter valued at $1,408,000. Finally, New York State Common Retirement Fund raised its position in Ryder System by 9.7% in the third quarter. New York State Common Retirement Fund now owns 31,763 shares of the transportation company’s stock valued at $5,992,000 after purchasing an additional 2,800 shares during the period. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Ryder System Trading Down 0.0%

Shares of NYSE:R opened at $243.92 on Monday. Ryder System has a 52-week low of $143.34 and a 52-week high of $259.00. The stock has a market cap of $9.44 billion, a price-to-earnings ratio of 20.28 and a beta of 1.04. 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 business has a 50-day moving average price of $220.13 and a 200-day moving average price of $202.58.

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

Ryder System Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, May 18th will be given a $0.91 dividend. The ex-dividend date is Monday, May 18th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.5%. Ryder System’s payout ratio is 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.

Further Reading

Analyst Recommendations for Ryder System (NYSE:R)

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