Ryder System (NYSE:R) Stock Rating Raised to Strong-Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Ryder System to “strong buy” from “buy,” while the broader analyst consensus remains “Moderate Buy” with an average price target of $294.14.
• Ryder reported quarterly EPS of $3.73, exceeding estimates of $3.69, while revenue reached $2.69 billion and increased 5% year over year.
• Ryder’s shares opened at $235.26, with a market capitalization of approximately $9.02 billion; institutional investors own 87.47% of the company’s stock.

Ryder System (NYSE:R - Get Free Report) was upgraded by analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Several other research firms have also commented on R. Robert W. Baird raised their target price on Ryder System from $253.00 to $290.00 and gave the stock an "outperform" rating in a report on Wednesday, June 17th. JPMorgan Chase & Co. upped their price objective on Ryder System from $259.00 to $296.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. Morgan Stanley lifted their target price on shares of Ryder System from $263.00 to $280.00 and gave the company an "overweight" rating in a report on Monday, July 6th. Weiss Ratings reissued a "buy (b)" rating on shares of Ryder System in a report on Monday, August 24th. Finally, Citizens Jmp initiated coverage on shares of Ryder System in a research report on Wednesday, July 15th. They set a "market perform" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $294.14.

Ryder System Stock Performance

R opened at $235.26 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.91. Ryder System has a 12-month low of $157.67 and a 12-month high of $284.25. The firm has a 50 day moving average of $252.63 and a two-hundred day moving average of $243.49. The firm has a market capitalization of $9.02 billion, a PE ratio of 19.14 and a beta of 1.01.

Ryder System (NYSE:R - Get Free Report) last released 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. The firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $3.29 billion. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The business's quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business 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. On average, analysts anticipate that Ryder System will post 14.74 EPS for the current year.

Institutional Trading of Ryder System

Institutional investors and hedge funds have recently modified their holdings of the stock. Keating Financial Advisory Services Inc. purchased a new position in Ryder System in the 2nd quarter valued at about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Ryder System during the 2nd quarter worth approximately $30,000. Cedar Mountain Advisors LLC raised its holdings in shares of Ryder System by 522.7% during the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company's stock valued at $28,000 after acquiring an additional 115 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of Ryder System by 36.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company's stock valued at $42,000 after acquiring an additional 43 shares in the last quarter. Finally, Compass Financial Management LLC purchased a new position in shares of Ryder System in the second quarter valued at approximately $54,000. Hedge funds and other institutional investors own 87.47% of the company's stock.

About Ryder System

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain and dedicated transportation services. The company serves commercial customers across industries, helping them manage the movement, storage and delivery of goods through integrated transportation and logistics solutions.

Ryder's fleet management offerings include commercial truck leasing, rental, maintenance and related support services. It also sells used vehicles and provides technology designed to help customers monitor fleets, improve utilization and manage transportation operations.

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