Ryder System, Inc. (NYSE:R) Receives Average Recommendation of “Moderate Buy” from Brokerages

Ryder System, Inc. (NYSE:R) has received an average rating of “Moderate Buy” from the eleven ratings firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $193.2222.

Several analysts have recently weighed in on R shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research note on Wednesday. Barclays lifted their price objective on shares of Ryder System from $190.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, October 2nd. Wolfe Research upgraded shares of Ryder System from a “peer perform” rating to an “outperform” rating and set a $159.00 price objective for the company in a research note on Tuesday, July 1st. Citigroup started coverage on shares of Ryder System in a research note on Monday, September 22nd. They issued a “buy” rating and a $217.00 price objective for the company. Finally, Robert W. Baird lifted their price objective on shares of Ryder System from $186.00 to $192.00 and gave the company an “outperform” rating in a research note on Monday, July 28th.

Insider Buying and Selling at Ryder System

In other Ryder System news, Director E Follin Smith sold 5,523 shares of the business’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $177.66, for a total transaction of $981,216.18. Following the completion of the sale, the director owned 33,779 shares in the company, valued at approximately $6,001,177.14. The trade was a 14.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Thomas M. Havens sold 6,500 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $181.77, for a total transaction of $1,181,505.00. Following the sale, the insider owned 32,478 shares of the company’s stock, valued at $5,903,526.06. This trade represents a 16.68% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 41,618 shares of company stock worth $7,587,997 in the last ninety days. 5.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Ryder System

A number of hedge funds and other institutional investors have recently bought and sold shares of R. Valeo Financial Advisors LLC increased 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 purchasing an additional 2,862,970 shares in the last quarter. Norges Bank bought a new stake in shares of Ryder System in the 2nd quarter worth $103,814,000. Wellington Management Group LLP grew its stake in shares of 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 worth $429,249,000 after acquiring an additional 415,103 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Ryder System by 21.8% in the 2nd quarter. First Trust Advisors LP now owns 793,527 shares of the transportation company’s stock worth $126,171,000 after acquiring an additional 141,872 shares in the last quarter. Finally, Orbis Allan Gray Ltd grew its stake in shares of 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 worth $159,856,000 after acquiring an additional 134,423 shares in the last quarter. Institutional investors own 87.47% of the company’s stock.

Ryder System Stock Down 4.3%

Shares of NYSE R opened at $176.42 on Friday. The company has a market capitalization of $7.20 billion, a P/E ratio of 15.00 and a beta of 1.00. Ryder System has a 52-week low of $125.54 and a 52-week high of $195.48. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.82 and a current ratio of 0.82. The company’s 50 day moving average price is $184.66 and its 200-day moving average price is $164.30.

Ryder System (NYSE:R) last issued its quarterly earnings results on Thursday, July 24th. The transportation company reported $3.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.11 by $0.21. The firm had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.17 billion. Ryder System had a net margin of 3.99% and a return on equity of 17.83%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.00 EPS. 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 forecast that Ryder System will post 13.68 earnings per share for the current year.

Ryder System Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Monday, November 17th will be paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Monday, November 17th. Ryder System’s payout ratio is 30.95%.

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.