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

Ryder System, Inc. (NYSE:RGet Free Report) has received an average rating of “Moderate Buy” from the twelve ratings firms that are presently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $294.1429.

A number of research firms recently weighed in on R. Zacks Research cut Ryder System from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Monday, August 24th. Morgan Stanley boosted their price objective on Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Robert W. Baird upped their target price on Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 17th. Finally, Citigroup increased their target price on Ryder System from $280.00 to $283.00 and gave the company a “neutral” rating in a research report on Friday, July 24th.

Check Out Our Latest Analysis on Ryder System

Hedge Funds Weigh In On Ryder System

Institutional investors and hedge funds have recently bought and sold shares of the business. Keating Financial Advisory Services Inc. acquired a new position in Ryder System during the second quarter worth $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Ryder System in the 2nd quarter worth $30,000. Cedar Mountain Advisors LLC raised its holdings in shares of Ryder System by 522.7% during the 1st quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after acquiring an additional 115 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Ryder System by 36.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock worth $42,000 after acquiring an additional 43 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new position in shares of Ryder System during the 4th quarter valued at about $31,000. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Stock Up 0.1%

R stock opened at $246.04 on Wednesday. Ryder System has a one year low of $157.67 and a one year high of $284.25. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.65 and a current ratio of 0.65. The firm’s fifty day moving average is $262.20 and its 200 day moving average is $240.15. The firm has a market cap of $9.44 billion, a PE ratio of 20.02 and a beta of 1.02.

Ryder System (NYSE:RGet Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 earnings per share for the quarter, topping analysts’ consensus estimates of $3.69 by $0.04. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $3.29 billion. During the same quarter in the prior year, the firm posted $3.32 earnings per share. The company’s revenue was up 5.0% compared to the same quarter last year. Ryder System has set its FY 2026 guidance at 14.400-14.800 EPS and its Q3 2026 guidance at 4.000-4.200 EPS. On average, research analysts forecast that Ryder System will post 14.74 EPS for the current year.

Ryder System Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be given a $1.01 dividend. This represents a $4.04 annualized dividend and a dividend yield of 1.6%. This is a boost from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date is Monday, August 24th. Ryder System’s dividend payout ratio (DPR) is 32.87%.

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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