Ryder System (R) Earns Daily Media Sentiment Rating of 0.15
Media headlines about Ryder System (NYSE:R) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ryder System earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 44.556452290758 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- Analysts Expect Ryder System, Inc. (R) to Post $1.35 EPS (americanbankingnews.com)
- Ryder Forms Strategic Partnership with Plug and Play to Support Development of Innovative Supply Chain and Logistics Startups (markets.financialcontent.com)
- Women In Trucking Association Welcomes New Board Member (prweb.com)
- Ryder expands natural gas use to support Toyota plant (ccjdigital.com)
- Why Is Ryder System (R) Down 5.4% Since the Last Earnings Report? – Nasdaq (nasdaq.com)
Ryder System (R) traded up $2.34 during midday trading on Tuesday, hitting $79.70. 522,301 shares of the stock traded hands, compared to its average volume of 712,257. Ryder System has a one year low of $62.52 and a one year high of $85.50. The company has a current ratio of 1.02, a quick ratio of 0.96 and a debt-to-equity ratio of 2.39. The company has a market capitalization of $4,092.86, a price-to-earnings ratio of 18.32, a P/E/G ratio of 1.14 and a beta of 1.51.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Monday, November 20th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend is Friday, November 17th. Ryder System’s dividend payout ratio (DPR) is currently 49.86%.
R has been the topic of several research reports. Buckingham Research lifted their price objective on shares of Ryder System from $92.00 to $93.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. ValuEngine lowered shares of Ryder System from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Zacks Investment Research raised shares of Ryder System from a “hold” rating to a “buy” rating and set a $92.00 price target on the stock in a research report on Tuesday, October 31st. Aegis reissued a “buy” rating and issued a $91.00 price target (up previously from $84.00) on shares of Ryder System in a research report on Tuesday, October 10th. Finally, J P Morgan Chase & Co boosted their price target on shares of Ryder System from $69.00 to $82.00 and gave the company a “neutral” rating in a research report on Thursday, October 12th. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $85.00.
In related news, CMO Karen M. Jones sold 4,790 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $81.78, for a total transaction of $391,726.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Dennis C. Cooke sold 32,328 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $81.46, for a total transaction of $2,633,438.88. The disclosure for this sale can be found here. In the last three months, insiders sold 45,878 shares of company stock worth $3,711,073. Insiders own 1.95% of the company’s stock.
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About Ryder System
Ryder System, Inc is engaged in offering transportation and supply chain management solutions. The Company operates through three segments: Fleet Management Solutions (FMS), which provides leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the United States, Canada and the United Kingdom; Dedicated Transportation Solutions (DTS), which provides vehicles and drivers as part of a dedicated transportation solution in the United States, and Supply Chain Solutions (SCS), which provides supply chain solutions, including distribution and transportation services in North America and Asia.
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