Wall Street Zen Downgrades Ryder System (NYSE:R) to Buy

Key Points

• Wall Street Zen downgraded Ryder System from “strong buy” to “buy,” while the broader analyst consensus remains “moderate buy,” with an average price target of $294.14.
• Ryder reported quarterly EPS of $3.73, beating estimates of $3.69, while revenue rose 5% year over year to $2.69 billion. The company issued fiscal 2026 EPS guidance of $14.40–$14.80.
• Institutional investors own 87.47% of Ryder’s shares, with major firms including California State Teachers Retirement System and BlackRock making significant recent investments.

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

A number of other research firms have also commented on R. Stephens upgraded Ryder System to a "strong-buy" rating in a research note on Wednesday, July 8th. Barclays increased their target price on Ryder System from $290.00 to $300.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Citigroup raised their price target on Ryder System from $280.00 to $283.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. Citizens Jmp initiated coverage on Ryder System in a research note on Wednesday, July 15th. They issued a "market perform" rating for the company. Finally, JPMorgan Chase & Co. upped their price objective on shares of Ryder System from $259.00 to $296.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $294.14.

Ryder System Price Performance

NYSE:R opened at $243.67 on Friday. Ryder System has a 52 week low of $157.67 and a 52 week 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 50-day simple moving average is $258.51 and its 200 day simple moving average is $241.99. The firm has a market cap of $9.34 billion, a price-to-earnings ratio of 19.83 and a beta of 1.01.

Ryder System (NYSE:R - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, beating 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 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 firm posted $3.32 EPS. The business's revenue for the quarter 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. As a group, sell-side analysts predict that Ryder System will post 14.74 earnings per share for the current year.

Institutional Trading of Ryder System

Several large investors have recently bought and sold shares of the business. California State Teachers Retirement System grew its position in Ryder System by 23,531.1% in the second quarter. California State Teachers Retirement System now owns 11,350,023 shares of the transportation company's stock valued at $2,993,796,000 after acquiring an additional 11,301,993 shares during the last quarter. BlackRock Inc. bought a new position in shares of Ryder System in the second quarter worth about $1,060,749,000. State Street Corp boosted its stake in shares of Ryder System by 0.4% in the 2nd quarter. State Street Corp now owns 1,995,292 shares of the transportation company's stock valued at $317,251,000 after purchasing an additional 7,447 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of 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 purchasing an additional 6,652 shares in the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of Ryder System by 81.5% during the 1st 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. 87.47% of the stock is owned by institutional investors and hedge funds.

Ryder System Company Profile

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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