Ryder System, Inc. (NYSE:R) Receives $186.50 Consensus PT from Analysts

Key Points

• Ryder System, Inc. has received a consensus recommendation of "Moderate Buy" from analysts, with an average one-year target price set at $186.50.
• The company reported $3.32 earnings per share for the last quarter, exceeding analyst expectations and showing a revenue of $3.19 billion.
• Ryder System recently increased its quarterly dividend to $0.91 per share, resulting in a yield of 2.0% for investors.

Ryder System, Inc. (NYSE:R - Get Free Report) has earned an average rating of "Moderate Buy" from the nine ratings firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $186.50.

R has been the topic of several research reports. JPMorgan Chase & Co. increased their target price on Ryder System from $165.00 to $173.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 8th. Robert W. Baird increased their target price on Ryder System from $186.00 to $192.00 and gave the stock an "outperform" rating in a research note on Monday, July 28th. Wolfe Research raised Ryder System from a "peer perform" rating to an "outperform" rating and set a $159.00 target price on the stock in a research note on Tuesday, July 1st. Baird R W raised Ryder System to a "strong-buy" rating in a research note on Tuesday, July 1st. Finally, Barclays initiated coverage on Ryder System in a research note on Monday, June 9th. They set an "overweight" rating and a $190.00 target price on the stock.

Ryder System Trading Down 1.3%

Shares of Ryder System stock traded down $2.38 during trading hours on Friday, hitting $178.88. The company's stock had a trading volume of 233,706 shares, compared to its average volume of 389,724. Ryder System has a twelve month low of $125.54 and a twelve month high of $184.76. The firm has a fifty day moving average of $169.80 and a 200-day moving average of $155.94. The stock has a market cap of $7.30 billion, a price-to-earnings ratio of 15.21 and a beta of 1.00. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.82 and a current ratio of 0.82.

Ryder System (NYSE:R - Get Free Report) last posted its earnings results on Thursday, July 24th. The transportation company reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.11 by $0.21. Ryder System had a return on equity of 17.83% and a net margin of 3.99%.The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.17 billion. During the same quarter in the prior year, the company earned $3.00 EPS. Ryder System's revenue was up .2% on a year-over-year basis. Ryder System has set its Q3 2025 guidance at 3.450-3.650 EPS. FY 2025 guidance at 12.850-13.300 EPS. Research analysts forecast that Ryder System will post 13.68 EPS for the current year.

Ryder System Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Monday, August 18th will be given a $0.91 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a $3.64 dividend on an annualized basis and a yield of 2.0%. This is an increase from Ryder System's previous quarterly dividend of $0.81. Ryder System's dividend payout ratio is 30.95%.

Insider Buying and Selling

In other Ryder System news, Director E Follin Smith sold 5,523 shares of the stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $177.66, for a total value of $981,216.18. Following the sale, the director owned 33,779 shares of the company's stock, valued at $6,001,177.14. This trade represents a 14.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Cristina Gallo-Aquino sold 1,000 shares of the stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $180.87, for a total value of $180,870.00. Following the completion of the sale, the chief financial officer directly owned 26,561 shares in the company, valued at $4,804,088.07. This represents a 3.63% decrease in their position. The disclosure for this sale can be found here. Insiders sold 35,586 shares of company stock worth $6,459,868 over the last 90 days. 5.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Invst LLC increased its position in Ryder System by 0.7% during the fourth quarter. Invst LLC now owns 8,315 shares of the transportation company's stock worth $1,304,000 after buying an additional 61 shares in the last quarter. Deutsche Bank AG grew its position in shares of Ryder System by 1.6% in the fourth quarter. Deutsche Bank AG now owns 4,136 shares of the transportation company's stock valued at $649,000 after purchasing an additional 65 shares during the period. Creative Planning grew its position in shares of Ryder System by 0.3% in the second quarter. Creative Planning now owns 26,279 shares of the transportation company's stock valued at $4,178,000 after purchasing an additional 66 shares during the period. MAI Capital Management grew its position in shares of Ryder System by 57.6% in the second quarter. MAI Capital Management now owns 186 shares of the transportation company's stock valued at $30,000 after purchasing an additional 68 shares during the period. Finally, Belmont Capital LLC grew its position in shares of Ryder System by 5.0% in the first quarter. Belmont Capital LLC now owns 1,737 shares of the transportation company's stock valued at $250,000 after purchasing an additional 83 shares during the period. Hedge funds and other institutional investors own 87.47% of the company's stock.

About Ryder System

Ryder System, Inc operates as a logistics and transportation company worldwide. It operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full-service leasing and leasing with flexible maintenance options; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers; access to diesel fuel; and fuel planning and tax reporting, cards, and monitoring services, and centralized billing, as well as sells used vehicles through its retail sales centers and www.ryder.com/used-trucks website, as well as digital and technology support services.