Ryder System (NYSE:R) Stock Rating Upgraded by Citigroup

Ryder System (NYSE:R) was upgraded by equities researchers at Citigroup from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Thursday, Briefing.com reports. The brokerage currently has a $285.00 price target on the transportation company’s stock. Citigroup’s price objective indicates a potential upside of 22.87% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. Janney Montgomery Scott set a $285.00 target price on Ryder System in a report on Thursday. Stephens raised shares of Ryder System to a “strong-buy” rating in a report on Wednesday, July 8th. Susquehanna lowered their target price on shares of Ryder System from $310.00 to $280.00 and set a “positive” rating on the stock in a report on Friday, October 2nd. Barclays increased their price target on Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. raised Ryder System from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $296.00 to $298.00 in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Ryder System currently has an average rating of “Moderate Buy” and an average price target of $284.12.

Ryder System Stock Performance

NYSE R opened at $231.95 on Thursday. The firm has a 50-day moving average of $247.07 and a 200-day moving average of $246.07. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.65 and a current ratio of 0.65. The stock has a market cap of $8.90 billion, a PE ratio of 18.87 and a beta of 1.05. Ryder System has a 52-week low of $157.67 and a 52-week high of $284.25.

Ryder System (NYSE:R) last announced its quarterly earnings results on Thursday, July 23rd. The transportation company reported $3.73 EPS for the quarter, beating analysts’ consensus estimates of $3.69 by $0.04. The business had revenue of $2.69 billion for the quarter, compared to analyst estimates of $3.29 billion. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. Ryder System’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.32 EPS. 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. On average, sell-side analysts anticipate that Ryder System will post 14.74 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of R. Keating Financial Advisory Services Inc. bought a new position in shares of Ryder System in the second quarter worth about $26,000. Cedar Mountain Advisors LLC grew its stake in shares of Ryder System by 522.7% during 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 during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Ryder System during the second quarter worth $30,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Ryder System by 36.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock valued at $42,000 after acquiring an additional 43 shares in the last quarter. Finally, Root Financial Partners LLC grew its position in Ryder System by 45.5% during the 1st quarter. Root Financial Partners LLC now owns 243 shares of the transportation company’s stock worth $50,000 after acquiring an additional 76 shares during the last quarter. 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.