Ryder System (NYSE:R) Stock Rating Lowered by Zacks Research

Ryder System (NYSE:R) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

R has been the topic of a number of other research reports. Citigroup upped their target price on shares of Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a report on Wednesday, May 27th. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Barclays lifted their price objective on shares of Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Finally, Wells Fargo & Company increased their target price on shares of Ryder System from $260.00 to $290.00 and gave the company an “overweight” rating in a report on Friday, June 5th. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $245.00.

Ryder System Price Performance

Shares of R opened at $263.15 on Monday. The business has a 50-day moving average of $247.38 and a 200-day moving average of $217.12. Ryder System has a 1 year low of $154.39 and a 1 year high of $284.25. The company has a market capitalization of $10.18 billion, a price-to-earnings ratio of 21.87 and a beta of 1.01. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.68 and a quick ratio of 0.68.

Ryder System (NYSE:R) last announced its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $3.11 billion. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The firm’s revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.46 EPS. Ryder System has set its FY 2026 guidance at 14.050-14.80 EPS and its Q2 2026 guidance at 3.500-3.75 EPS. As a group, equities research analysts anticipate that Ryder System will post 14.82 earnings per share for the current year.

Insiders Place Their Bets

In other Ryder System news, SVP Sanford J. Hodes sold 595 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total transaction of $149,910.25. Following the sale, the senior vice president owned 22,948 shares of the company’s stock, valued at $5,781,748.60. The trade was a 2.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Luis P. Nieto, Jr. sold 720 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $235.79, for a total value of $169,768.80. Following the completion of the transaction, the director directly owned 29,974 shares of the company’s stock, valued at $7,067,569.46. The trade was a 2.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 4.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Ryder System

Several hedge funds have recently bought and sold shares of the company. Cedar Mountain Advisors LLC raised its position in shares of Ryder System by 522.7% in the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after buying an additional 115 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of Ryder System in the 4th quarter valued at about $31,000. Assetmark Inc. boosted its position 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 acquiring an additional 135 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Ryder System during the fourth quarter worth about $34,000. Finally, Optima Capital LLC bought a new position in shares of Ryder System in the fourth quarter worth approximately $39,000. Hedge funds and other institutional investors own 87.47% of the company’s stock.

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.