Brokerages Set Ryder System, Inc. (NYSE:R) Price Target at $205.67

Ryder System, Inc. (NYSE:RGet Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the eleven analysts that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $205.6667.

R has been the subject of a number of recent research reports. Morgan Stanley boosted their price objective on shares of Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a report on Monday, December 8th. Barclays boosted their price target on Ryder System from $190.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, October 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, October 8th. Wolfe Research reaffirmed a “peer perform” rating on shares of Ryder System in a report on Thursday, January 8th. Finally, Citigroup upped their target price on Ryder System from $196.00 to $218.00 and gave the company a “buy” rating in a research report on Friday, December 19th.

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Hedge Funds Weigh In On Ryder System

Several hedge funds have recently bought and sold shares of R. Hantz Financial Services Inc. boosted its position in shares of Ryder System by 770.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 174 shares of the transportation company’s stock worth $28,000 after acquiring an additional 154 shares in the last quarter. Root Financial Partners LLC acquired a new position in Ryder System during the third quarter worth about $28,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Ryder System by 237.0% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 182 shares of the transportation company’s stock worth $29,000 after acquiring an additional 128 shares during the last quarter. MAI Capital Management boosted its stake in shares of Ryder System by 57.6% in the 2nd quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 68 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in shares of Ryder System by 421.9% during the 3rd quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 135 shares during the last quarter. 87.47% of the stock is owned by institutional investors.

Ryder System Price Performance

Ryder System stock opened at $194.22 on Tuesday. The company has a market capitalization of $7.84 billion, a price-to-earnings ratio of 16.40 and a beta of 0.96. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 2.35. Ryder System has a 12 month low of $125.54 and a 12 month high of $200.53. The stock’s 50 day moving average is $183.42 and its 200-day moving average is $180.79.

Ryder System (NYSE:RGet Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The transportation company reported $3.57 EPS for the quarter, beating analysts’ consensus estimates of $3.56 by $0.01. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $3.19 billion. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The company’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the firm posted $3.44 EPS. Ryder System has set its Q4 2025 guidance at 3.500-3.700 EPS and its FY 2025 guidance at 12.850-13.050 EPS. Equities research analysts expect that Ryder System will post 13.68 EPS for the current year.

Ryder System Company Profile

(Get Free Report)

Ryder System, Inc is a leading provider of transportation and supply chain management solutions, serving commercial customers across a range of industries. The company’s Fleet Management Solutions segment offers full-service leasing and rental of medium- and heavy-duty trucks, tractors and trailers, along with maintenance and repair services at its network of service locations. Its Supply Chain Solutions segment provides integrated, technology-driven offerings that span managed transportation, dedicated contract carriage, warehousing and distribution, and e-commerce fulfillment.

Founded in 1933 and headquartered in Miami, Florida, Ryder has grown from a regional truck leasing operation into a diversified, global logistics provider.

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Analyst Recommendations for Ryder System (NYSE:R)

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