Ryder System (NYSE:R) Stock Rating Upgraded by Wall Street Zen

Ryder System (NYSE:R) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Monday, Wall Street Zen reports.

Other research analysts have also recently issued research reports about the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a report on Monday, August 24th. Wells Fargo & Company lifted their price objective on shares of Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. Morgan Stanley raised shares of Ryder System from an “overweight” rating to a “buy” rating in a report on Monday, October 5th. Robert W. Baird reissued a “neutral” rating and issued a $245.00 target price (down from $290.00) on shares of Ryder System in a research report on Tuesday, September 29th. Finally, Citizens Jmp started coverage on Ryder System in a research note on Wednesday, July 15th. They issued a “market perform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $284.12.

Ryder System Price Performance

Shares of NYSE R opened at $239.64 on Monday. 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 company has a market cap of $9.19 billion, a PE ratio of 19.50 and a beta of 1.05. The business has a 50-day simple moving average of $245.15 and a two-hundred day simple moving average of $247.14. Ryder System has a fifty-two week low of $157.67 and a fifty-two week high of $284.25.

Ryder System (NYSE:R) last announced its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 EPS for the quarter, beating the consensus estimate of $3.69 by $0.04. The firm had revenue of $2.69 billion during 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 revenue was up 5.0% on a year-over-year basis. During the same period last year, the firm posted $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. As a group, equities analysts expect that Ryder System will post 14.74 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in R. Hsbc Holdings PLC grew its holdings in shares of Ryder System by 104.2% in the second quarter. Hsbc Holdings PLC now owns 56,403 shares of the transportation company’s stock valued at $14,773,000 after purchasing an additional 28,775 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in Ryder System by 9.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 194,632 shares of the transportation company’s stock worth $39,843,000 after purchasing an additional 16,070 shares during the period. California State Teachers Retirement System raised its stake in Ryder System by 23.6% during the first quarter. California State Teachers Retirement System now owns 48,030 shares of the transportation company’s stock worth $9,832,000 after purchasing an additional 9,179 shares during the period. Braun Stacey Associates Inc. purchased a new position in Ryder System during the first quarter worth about $12,189,000. Finally, Public Employees Retirement System of Ohio acquired a new position in Ryder System in the 2nd quarter valued at about $4,587,000. Hedge funds and other institutional investors own 87.47% of the company’s stock.

About Ryder System

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.