Ryder System (NYSE:R) Stock Price Expected to Rise, Barclays Analyst Says

Ryder System (NYSE:R) had its price target hoisted by investment analysts at Barclays from $250.00 to $290.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the transportation company’s stock. Barclays‘s price objective indicates a potential upside of 11.31% from the stock’s previous close.

Other analysts have also recently issued research reports about the company. Robert W. Baird upped their price objective on Ryder System from $253.00 to $290.00 and gave the company an “outperform” rating in a research note on Wednesday, June 17th. Weiss Ratings reiterated 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. Zacks Research lowered Ryder System from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, JPMorgan Chase & Co. raised their price objective on Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Seven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $249.44.

Ryder System Stock Down 2.8%

Shares of R traded down $7.38 during midday trading on Friday, hitting $260.54. The company had a trading volume of 371,840 shares, compared to its average volume of 392,007. The stock has a market cap of $10.08 billion, a price-to-earnings ratio of 21.66 and a beta of 1.01. The company’s 50 day moving average price is $249.17 and its 200 day moving average price is $218.27. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09. Ryder System has a 52 week low of $157.67 and a 52 week high of $284.25.

Ryder System (NYSE:R) last issued its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, topping the consensus estimate of $2.29 by $0.25. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The company’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter last year, the company posted $2.46 earnings per share. 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. On average, equities research analysts predict that Ryder System will post 14.82 EPS for the current year.

Insiders Place Their Bets

In other Ryder System news, 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 sale, the director directly owned 29,974 shares in the company, valued at approximately $7,067,569.46. This trade represents a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, 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 transaction, the senior vice president directly owned 22,948 shares of the company’s stock, valued at approximately $5,781,748.60. This trade represents a 2.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 4.90% of the stock is owned by corporate insiders.

Institutional Trading of Ryder System

Hedge funds have recently bought and sold shares of the company. Cedar Mountain Advisors LLC boosted its stake in Ryder System by 522.7% during the 1st quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 115 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of Ryder System in the fourth quarter valued at approximately $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Ryder System during the fourth quarter valued at approximately $34,000. Optima Capital LLC bought a new stake in shares of Ryder System during the fourth quarter valued at approximately $39,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of Ryder System by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after buying an additional 109 shares during the period. 87.47% of the stock is currently owned by institutional investors.

About Ryder System

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.