Ryder System, Inc. (NYSE:R) Stock Now Rated "Moderate Buy" by Wall Street Brokerages

Key Points

• Ryder System holds a “Moderate Buy” consensus rating from 12 analysts, with seven buys, four holds, and one strong buy. The average 12-month price target is $284.12, above the reported share price of $237.41.
• Institutional ownership remains high at 87.47%, with several investment firms increasing their Ryder stakes during the third quarter.
• Ryder reported quarterly EPS of $3.73, exceeding estimates of $3.69, while revenue rose 5% year over year to $2.69 billion. The company also declared a quarterly dividend of $1.01 per share, representing a 1.7% yield.

Shares of Ryder System, Inc. (NYSE:R - Get Free Report) have been assigned an average rating of "Moderate Buy" from the twelve ratings firms that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $284.12.

Several research analysts have issued reports on R shares. Stephens raised Ryder System to a "strong-buy" rating in a research report on Wednesday, July 8th. Susquehanna cut their price target on Ryder System from $310.00 to $280.00 and set a "positive" rating for the company in a research note on Friday, October 2nd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Ryder System in a research report on Monday, August 24th. Janney Montgomery Scott set a $285.00 price target on shares of Ryder System in a research report on Thursday, October 8th. Finally, Wells Fargo & Company increased their price objective on shares of Ryder System from $290.00 to $300.00 and gave the stock an "overweight" rating in a research note on Friday, July 24th.

Institutional Trading of Ryder System

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Courier Capital LLC boosted its position in shares of Ryder System by 96.6% in the third quarter. Courier Capital LLC now owns 26,454 shares of the transportation company's stock worth $6,028,000 after purchasing an additional 12,995 shares during the period. Wedmont Private Capital increased its stake in shares of Ryder System by 8.9% in the third quarter. Wedmont Private Capital now owns 1,109 shares of the transportation company's stock worth $261,000 after purchasing an additional 91 shares in the last quarter. Monument Capital Management increased its stake in shares of Ryder System by 1.7% in the third quarter. Monument Capital Management now owns 9,590 shares of the transportation company's stock worth $2,185,000 after purchasing an additional 162 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Ryder System by 12.0% during the 3rd quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company's stock valued at $459,000 after purchasing an additional 216 shares during the period. Finally, Farther Finance Advisors LLC raised its position in shares of Ryder System by 14.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 878 shares of the transportation company's stock valued at $200,000 after purchasing an additional 113 shares during the period. 87.47% of the stock is owned by hedge funds and other institutional investors.

Ryder System Price Performance

NYSE R opened at $237.41 on Thursday. The stock has a market capitalization of $9.10 billion, a price-to-earnings ratio of 19.32 and a beta of 1.05. Ryder System has a 1-year low of $157.67 and a 1-year high of $284.25. 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 fifty day moving average price is $244.58 and its 200-day moving average price is $247.41.

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

Ryder System Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Monday, November 23rd will be given a dividend of $1.01 per share. This represents a $4.04 annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, November 23rd. Ryder System's payout ratio is 32.87%.

About Ryder System

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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