Susquehanna Has Lowered Expectations for Ryder System (NYSE:R) Stock Price

Ryder System (NYSE:R) had its price objective lowered by equities researchers at Susquehanna from $310.00 to $280.00 in a report issued on Friday, Benzinga reports. The firm presently has a “positive” rating on the transportation company’s stock. Susquehanna’s price target suggests a potential upside of 21.21% from the stock’s current price.

R has been the subject of several other reports. Wells Fargo & Company increased their price target on shares of Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Citigroup lifted their price objective on Ryder System from $280.00 to $283.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research note on Monday, August 24th. Barclays increased their price target on shares of Ryder System from $290.00 to $300.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, Stephens raised Ryder System to a “strong-buy” rating in a report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Ryder System has an average rating of “Moderate Buy” and a consensus price target of $283.43.

Ryder System Stock Up 1.4%

Shares of NYSE R opened at $231.00 on Friday. The stock has a market cap of $8.86 billion, a PE ratio of 18.80 and a beta of 1.05. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.91. Ryder System has a 52-week low of $157.67 and a 52-week high of $284.25. The business has a 50-day moving average price of $249.34 and a 200 day moving average price of $244.86.

Ryder System (NYSE:R) last issued its quarterly earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share for the quarter, topping analysts’ consensus estimates of $3.69 by $0.04. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The firm had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $3.29 billion. During the same quarter in the prior year, the business earned $3.32 EPS. Ryder System’s quarterly revenue was up 5.0% compared to the same quarter last year. 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. Equities research analysts forecast that Ryder System will post 14.74 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in Ryder System during the 2nd quarter worth $1,060,749,000. Dimensional Fund Advisors LP increased its holdings in shares of Ryder System by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,621,947 shares of the transportation company’s stock worth $331,996,000 after acquiring an additional 6,652 shares during the period. Bank of America Corp DE bought a new stake in shares of Ryder System during the second quarter valued at approximately $207,689,000. First Trust Advisors LP raised its stake in Ryder System by 81.5% during the 1st quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company’s stock valued at $206,822,000 after acquiring an additional 453,697 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Ryder System by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 734,203 shares of the transportation company’s stock valued at $140,549,000 after purchasing an additional 4,895 shares in the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Company Profile

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.