Ryder System (NYSE:R) Stock Rating Cut to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen downgraded Ryder System from “strong buy” to “buy,” while the broader analyst consensus remains “Moderate Buy” with a $283.43 average price target.
• Ryder reported quarterly EPS of $3.73, slightly exceeding estimates, but revenue of $2.69 billion fell short of expectations; full-year 2026 EPS guidance is $14.40–$14.80.
• Institutional ownership stands at 87.47%, with major investors including BlackRock and Bank of America recently establishing sizable positions.

Ryder System (NYSE:R - Get Free Report) was downgraded by Wall Street Zen from a "strong-buy" rating to a "buy" rating in a note issued to investors on Sunday, Wall Street Zen reports.

Several other brokerages also recently commented on R. Citizens Jmp assumed coverage on shares of Ryder System in a research note on Wednesday, July 15th. They issued a "market perform" rating for the company. Robert W. Baird restated a "neutral" rating and issued a $245.00 price objective (down from $290.00) on shares of Ryder System in a research report on Tuesday. Wells Fargo & Company lifted their target price on Ryder System from $290.00 to $300.00 and gave the stock an "overweight" rating in a report on Friday, July 24th. Citigroup boosted their target price on Ryder System from $280.00 to $283.00 and gave the company a "neutral" rating in a research note on Friday, July 24th. Finally, Zacks Research downgraded Ryder System from a "strong-buy" rating to a "hold" rating in a report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $283.43.

Ryder System Trading Up 2.7%

Ryder System stock opened at $237.24 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.91. The company's fifty day simple moving average is $248.73 and its 200-day simple moving average is $244.81. Ryder System has a 12 month low of $157.67 and a 12 month high of $284.25. The stock has a market cap of $9.10 billion, a P/E ratio of 19.30 and a beta of 1.05.

Ryder System (NYSE:R - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The transportation company reported $3.73 EPS for the quarter, topping analysts' consensus estimates of $3.69 by $0.04. The firm had revenue of $2.69 billion during the quarter, compared to analysts' expectations of $3.29 billion. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The company's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the company earned $3.32 earnings per share. 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. As a group, sell-side analysts forecast that Ryder System will post 14.74 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Ryder System in the second quarter valued at approximately $1,060,749,000. Dimensional Fund Advisors LP raised its stake in Ryder System by 0.4% in 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 acquiring an additional 6,652 shares during the period. Bank of America Corp DE purchased a new stake in Ryder System during the second quarter valued at about $207,689,000. First Trust Advisors LP lifted its holdings in Ryder System by 81.5% during the first quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company's stock valued at $206,822,000 after purchasing an additional 453,697 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in Ryder System during the second quarter worth about $136,320,000. Institutional investors own 87.47% of the company's stock.

Ryder System Company Profile

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain, and dedicated transportation solutions. Its services include commercial vehicle leasing and rental, fleet maintenance, transportation management, warehousing, distribution, and delivery services.

The company serves businesses across industries through operations in the United States, Canada, and Mexico. Ryder also supports e-commerce and retail customers with last-mile delivery, fulfillment, and related logistics services, and sells used commercial vehicles through its network of vehicle sales centers and online channels.

Founded in 1933 by James Ryder, the company is headquartered in Miami, Florida.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.