Ryder System (NYSE:R) Receives "Buy (B)" Rating from Weiss Ratings

Ryder System (NYSE:R - Get Free Report)'s stock had its "buy (b)" rating reissued by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

R has been the subject of a number of other reports. Citigroup began coverage on shares of Ryder System in a research report on Monday, September 22nd. They set a "buy" rating and a $217.00 price objective for the company. Stephens upped their price objective on shares of Ryder System from $150.00 to $190.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 29th. Wall Street Zen upgraded shares of Ryder System from a "hold" rating to a "buy" rating in a research report on Friday, October 3rd. Susquehanna began coverage on shares of Ryder System in a research report on Tuesday, July 15th. They set a "positive" rating and a $215.00 price objective for the company. Finally, Morgan Stanley lifted their target price on shares of Ryder System from $175.00 to $190.00 and gave the stock an "overweight" rating in a research note on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $193.22.

Ryder System Price Performance

Shares of NYSE R opened at $187.72 on Wednesday. The stock has a market capitalization of $7.66 billion, a price-to-earnings ratio of 15.96 and a beta of 1.00. Ryder System has a 12 month low of $125.54 and a 12 month high of $195.48. The firm's 50 day simple moving average is $184.47 and its 200-day simple moving average is $163.68. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.82 and a quick ratio of 0.82.

Ryder System (NYSE:R - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The transportation company reported $3.32 EPS for the quarter, topping analysts' consensus estimates of $3.11 by $0.21. Ryder System had a net margin of 3.99% and a return on equity of 17.83%. The business had revenue of $3.19 billion for the quarter, compared to analysts' expectations of $3.17 billion. During the same quarter last year, the company earned $3.00 EPS. The business'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. Analysts expect that Ryder System will post 13.68 EPS for the current year.

Insider Buying and Selling at Ryder System

In other news, EVP Steve W. Martin sold 5,500 shares of Ryder System stock in a transaction on 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 transaction, the executive vice president owned 24,235 shares in the company, valued at $4,531,460.30. The trade was a 18.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Cristina Gallo-Aquino sold 1,000 shares of Ryder System stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $180.87, for a total value of $180,870.00. Following 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 position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 41,618 shares of company stock worth $7,587,997. Corporate insiders own 5.20% of the company's stock.

Institutional Trading of Ryder System

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Wellington Management Group LLP raised its holdings in Ryder System by 16.2% in the 1st quarter. Wellington Management Group LLP now owns 2,984,836 shares of the transportation company's stock valued at $429,249,000 after buying an additional 415,103 shares during the period. Valeo Financial Advisors LLC raised its holdings in Ryder System by 51,455.2% in 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 buying an additional 2,862,970 shares during the period. State Street Corp raised its holdings in 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 buying an additional 7,447 shares during the period. LSV Asset Management raised its holdings in Ryder System by 0.3% in the 1st quarter. LSV Asset Management now owns 1,456,453 shares of the transportation company's stock valued at $209,453,000 after buying an additional 4,912 shares during the period. Finally, Orbis Allan Gray Ltd raised its holdings in Ryder System by 15.4% in the 2nd quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company's stock valued at $159,856,000 after buying an additional 134,423 shares during the period. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Ryder System Company Profile

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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