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

Ryder System (NYSE:R) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Saturday.

Several other research analysts have also commented on R. Wells Fargo & Company boosted their price objective on Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Stephens raised shares of Ryder System to a “strong-buy” rating in a research note on Wednesday, July 8th. Morgan Stanley lifted their target price on shares of Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Citizens Jmp initiated coverage on shares of Ryder System in a report on Wednesday, July 15th. They issued a “market perform” rating on the stock. Finally, JPMorgan Chase & Co. raised their price objective on shares of Ryder System from $259.00 to $296.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $294.14.

Ryder System Trading Up 0.2%

Shares of R stock opened at $262.65 on Friday. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.65 and a current ratio of 0.65. Ryder System has a 52-week low of $157.67 and a 52-week high of $284.25. The company has a market capitalization of $10.07 billion, a PE ratio of 21.37 and a beta of 1.02. The business’s fifty day moving average is $266.43 and its 200 day moving average is $234.33.

Ryder System (NYSE:R) last posted its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.69 by $0.04. The company had revenue of $2.69 billion during the quarter, compared to analyst estimates of $3.29 billion. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The firm’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company earned $3.32 earnings per share. 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, equities research analysts anticipate that Ryder System will post 14.74 EPS for the current fiscal year.

Insider Activity at Ryder System

In related news, SVP Sanford J. Hodes sold 595 shares of the 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 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 4.90% of the company’s stock.

Institutional Trading of Ryder System

Several institutional investors have recently added to or reduced their stakes in R. Cedar Mountain Advisors LLC increased its holdings 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 during the period. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Ryder System during the 2nd quarter valued at about $30,000. Los Angeles Capital Management LLC bought a new position in Ryder System during the 4th quarter worth approximately $31,000. Optima Capital LLC purchased a new position in Ryder System in the 4th quarter worth approximately $39,000. Finally, Geneos Wealth Management Inc. increased its stake in Ryder System by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after purchasing an additional 109 shares during the period. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

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.