Ryder System (NYSE:R) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Ryder System from “buy” to “strong-buy,” while the broader analyst consensus remains “Moderate Buy” with a $284.12 target price.
• Ryder shares opened at $238.42, compared with a 52-week range of $157.67 to $284.25; the company has a $9.14 billion market capitalization and a P/E ratio of 19.40.
• Ryder reported quarterly EPS of $3.73, beating estimates by $0.04, while revenue rose 5% year over year to $2.69 billion. The company guided for fiscal 2026 EPS of $14.40–$14.80.

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 report released on Monday, Wall Street Zen reports.

R has been the subject of a number of other reports. Zacks Research lowered shares of Ryder System from a "strong-buy" rating to a "hold" rating in a report on Monday, June 22nd. Stephens raised Ryder System to a "strong-buy" rating in a research note on Wednesday, July 8th. Barclays boosted their price target on Ryder System from $290.00 to $300.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Wells Fargo & Company upped their price target on Ryder System from $290.00 to $300.00 and gave the company an "overweight" rating in a research report on Friday, July 24th. Finally, JPMorgan Chase & Co. upgraded Ryder System from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $296.00 to $298.00 in a report on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Ryder System has a consensus rating of "Moderate Buy" and a consensus target price of $284.12.

Ryder System Price Performance

Shares of Ryder System stock opened at $238.42 on Monday. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.65 and a quick ratio of 0.65. The business's 50 day simple moving average is $246.24 and its two-hundred day simple moving average is $246.66. The stock has a market capitalization of $9.14 billion, a P/E ratio of 19.40 and a beta of 1.05. Ryder System has a one year low of $157.67 and a one year high of $284.25.

Ryder System (NYSE:R - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 earnings per share for the quarter, beating the consensus estimate of $3.69 by $0.04. Ryder System had a return on equity of 18.28% and a net margin of 3.88%. The firm had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $3.29 billion. During the same quarter in the previous year, the company posted $3.32 earnings per share. The business's revenue was up 5.0% on a year-over-year basis. 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. Analysts forecast that Ryder System will post 14.74 EPS for the current year.

Hedge Funds Weigh In On Ryder System

Hedge funds and other institutional investors have recently modified their holdings of the stock. Keating Financial Advisory Services Inc. purchased a new stake in Ryder System in the second quarter worth about $26,000. Cedar Mountain Advisors LLC grew 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. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Ryder System during the 2nd quarter worth approximately $30,000. MassMutual Private Wealth & Trust FSB grew 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, Root Financial Partners LLC raised its position in shares of Ryder System by 45.5% in the 1st quarter. Root Financial Partners LLC now owns 243 shares of the transportation company's stock worth $50,000 after acquiring an additional 76 shares in the last quarter. Hedge funds and other 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.

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