Analysts Set Ryder System, Inc. (NYSE:R) Price Target at $205.56

Ryder System, Inc. (NYSE:R) has received an average rating of “Moderate Buy” from the eleven brokerages that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $205.6667.

R has been the subject of a number of analyst reports. Barclays raised their price objective on shares of Ryder System from $190.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, October 2nd. Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Citigroup increased their target price on Ryder System from $196.00 to $218.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Morgan Stanley lifted their target price on Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, December 8th. Finally, JPMorgan Chase & Co. upped their price target on Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a report on Friday, October 24th.

Institutional Investors Weigh In On Ryder System

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Valeo Financial Advisors LLC boosted its stake in shares of Ryder System by 51,455.2% during the 2nd quarter. Valeo Financial Advisors LLC now owns 2,868,534 shares of the transportation company’s stock worth $456,097,000 after acquiring an additional 2,862,970 shares during the last quarter. Norges Bank bought a new position in Ryder System in the 2nd quarter worth $103,814,000. AQR Capital Management LLC lifted its position in Ryder System by 53.3% during the third quarter. AQR Capital Management LLC now owns 720,108 shares of the transportation company’s stock valued at $134,855,000 after purchasing an additional 250,432 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Ryder System by 369.4% during the third quarter. BNP Paribas Financial Markets now owns 196,968 shares of the transportation company’s stock valued at $37,156,000 after purchasing an additional 155,007 shares during the period. Finally, First Trust Advisors LP grew its holdings in Ryder System by 21.8% during the second quarter. First Trust Advisors LP now owns 793,527 shares of the transportation company’s stock valued at $126,171,000 after purchasing an additional 141,872 shares during the period. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Stock Performance

Ryder System stock opened at $197.77 on Friday. Ryder System has a twelve month low of $125.54 and a twelve month high of $200.53. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 2.35. The company has a market capitalization of $7.99 billion, a P/E ratio of 16.70 and a beta of 0.97. The stock’s 50 day moving average is $177.32 and its 200 day moving average is $176.74.

Ryder System (NYSE:R) last released its earnings results on Thursday, October 23rd. The transportation company reported $3.57 EPS for the quarter, topping the consensus estimate of $3.56 by $0.01. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $3.19 billion. During the same period in the previous year, the company posted $3.44 earnings per share. The company’s revenue for the quarter was up .1% compared to the same quarter last year. Ryder System has set its Q4 2025 guidance at 3.500-3.700 EPS and its FY 2025 guidance at 12.850-13.050 EPS. On average, equities research analysts predict that Ryder System will post 13.68 earnings per share for the current fiscal year.

Ryder System Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Monday, November 17th were paid a dividend of $0.91 per share. The ex-dividend date was Monday, November 17th. This represents a $3.64 annualized dividend and a yield of 1.8%. Ryder System’s dividend payout ratio is currently 30.74%.

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.