Ryder System, Inc. (NYSE:R) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Ryder System, Inc. has received a consensus recommendation of "Moderate Buy" from eleven research firms, with the average 12-month price target at $193.22.
• The company recently reported quarterly earnings of $3.32 EPS, exceeding expectations, and saw a revenue increase to $3.19 billion compared to the previous year.
• Ryder System's quarterly dividend was increased to $0.91 per share, representing an annualized yield of 1.9%.

Ryder System, Inc. (NYSE:R - Get Free Report) has earned an average rating of "Moderate Buy" from the eleven research firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $193.2222.

Several research firms recently issued reports on R. JPMorgan Chase & Co. upped their price target on Ryder System from $165.00 to $173.00 and gave the company a "neutral" rating in a research report on Tuesday, July 8th. Wolfe Research raised shares of Ryder System from a "peer perform" rating to an "outperform" rating and set a $159.00 target price on the stock in a report on Tuesday, July 1st. Wall Street Zen upgraded shares of Ryder System from a "hold" rating to a "buy" rating in a research report on Friday. Citigroup assumed coverage on shares of Ryder System in a research note on Monday, September 22nd. They set a "buy" rating and a $217.00 price objective on the stock. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Ryder System in a report on Saturday, September 27th.

Ryder System Stock Performance

Shares of R stock opened at $193.20 on Friday. The stock has a market capitalization of $7.88 billion, a price-to-earnings ratio of 16.43 and a beta of 1.00. Ryder System has a one year low of $125.54 and a one year high of $195.17. The company's 50-day simple moving average is $183.92 and its 200-day simple moving average is $162.83. 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 announced its quarterly earnings data on Thursday, July 24th. The transportation company reported $3.32 earnings per share (EPS) for the quarter, beating 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 analysts' expectations of $3.17 billion. During the same quarter in the prior year, the firm posted $3.00 earnings per share. Ryder System's revenue for the quarter was up .2% compared to the same quarter last year. Ryder System has set its Q3 2025 guidance at 3.450-3.650 EPS. FY 2025 guidance at 12.850-13.300 EPS. Equities analysts anticipate that Ryder System will post 13.68 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Monday, August 18th were given a dividend of $0.91 per share. The ex-dividend date was Monday, August 18th. This represents a $3.64 dividend on an annualized basis and a yield of 1.9%. This is an increase from Ryder System's previous quarterly dividend of $0.81. Ryder System's payout ratio is presently 30.95%.

Insider Transactions at Ryder System

In other news, CFO Cristina Gallo-Aquino sold 1,000 shares of the company's stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $180.87, for a total transaction of $180,870.00. Following the completion of the transaction, the chief financial officer owned 26,561 shares in the company, valued at approximately $4,804,088.07. This represents a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Steve W. Martin sold 5,500 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $186.98, for a total transaction of $1,028,390.00. Following the completion of the sale, the executive vice president directly owned 24,235 shares in the company, valued at approximately $4,531,460.30. This trade represents a 18.50% decrease in their position. The disclosure for this sale can be found here. Insiders sold 41,618 shares of company stock valued at $7,587,997 over the last three months. 5.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ryder System

Several large investors have recently made changes to their positions in R. Wellington Management Group LLP boosted its position in shares of Ryder System by 16.2% during the first quarter. Wellington Management Group LLP now owns 2,984,836 shares of the transportation company's stock worth $429,249,000 after buying an additional 415,103 shares during the period. Valeo Financial Advisors LLC raised its stake in Ryder System by 51,455.2% during the 2nd quarter. Valeo Financial Advisors LLC now owns 2,868,534 shares of the transportation company's stock valued at $456,097,000 after acquiring an additional 2,862,970 shares in the last quarter. State Street Corp raised its stake in Ryder System by 0.4% during the 2nd quarter. State Street Corp now owns 1,995,292 shares of the transportation company's stock valued at $317,251,000 after acquiring an additional 7,447 shares in the last quarter. LSV Asset Management boosted its position in Ryder System by 0.3% during the 1st quarter. LSV Asset Management now owns 1,456,453 shares of the transportation company's stock worth $209,453,000 after acquiring an additional 4,912 shares during the period. Finally, Orbis Allan Gray Ltd grew its stake in shares of Ryder System by 15.4% in the second quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company's stock worth $159,856,000 after purchasing an additional 134,423 shares in the last quarter. Institutional investors and hedge funds 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.

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