Ryder System, Inc. (NYSE:R) Receives $205.67 Consensus Price Target from Brokerages

Shares of Ryder System, Inc. (NYSE:R) have earned a consensus rating of “Moderate Buy” from the eleven research firms that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $205.6667.

A number of equities research analysts have issued reports on the company. Wolfe Research restated a “peer perform” rating on shares of Ryder System in a research note on Thursday, January 8th. Citigroup upped their target price on shares of Ryder System from $196.00 to $218.00 and gave the company a “buy” rating in a report on Friday, December 19th. Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, October 8th. Finally, Morgan Stanley raised their target price on Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, December 8th.

Hedge Funds Weigh In On Ryder System

Hedge funds have recently modified their holdings of the stock. Voya Investment Management LLC raised its stake in Ryder System by 34.4% during the first quarter. Voya Investment Management LLC now owns 42,782 shares of the transportation company’s stock valued at $6,152,000 after purchasing an additional 10,957 shares in the last quarter. Valeo Financial Advisors LLC increased its holdings in shares of 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 worth $456,097,000 after buying an additional 2,862,970 shares during the last quarter. Asset Management One Co. Ltd. purchased a new stake in shares of Ryder System during the 3rd quarter valued at about $3,495,000. Genus Capital Management Inc. bought a new stake in shares of Ryder System in the 2nd quarter valued at approximately $1,463,000. Finally, Strs Ohio purchased a new position in shares of Ryder System in the 1st quarter worth approximately $2,479,000. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Trading Down 1.7%

Shares of NYSE R opened at $190.94 on Tuesday. Ryder System has a 1 year low of $125.54 and a 1 year high of $200.53. The stock has a market cap of $7.71 billion, a P/E ratio of 16.13 and a beta of 0.96. The firm has a 50-day moving average of $183.86 and a 200 day moving average of $181.10. The company has a debt-to-equity ratio of 2.35, a current ratio of 1.02 and a quick ratio of 1.02.

Ryder System (NYSE:R) last issued its quarterly earnings results on Thursday, October 23rd. The transportation company reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.01. The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate 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 was up .1% on a year-over-year basis. During the same period last year, the company earned $3.44 earnings per share. 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. As a group, sell-side analysts expect that Ryder System will post 13.68 EPS for the current fiscal year.

Ryder System Company Profile

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.