JPMorgan Chase & Co. Issues Positive Forecast for Ryder System (NYSE:R) Stock Price

Ryder System (NYSE:R) had its price objective upped by equities research analysts at JPMorgan Chase & Co. from $298.00 to $315.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the transportation company’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 19.63% from the stock’s current price.

Several other equities analysts have also weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research note on Monday, August 24th. Janney Montgomery Scott set a $285.00 price target on shares of Ryder System in a research report on Thursday, October 8th. Robert W. Baird reiterated a “neutral” rating and set a $245.00 price objective (down from $290.00) on shares of Ryder System in a research note on Tuesday, September 29th. Stephens raised their target price on shares of Ryder System from $280.00 to $305.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Citigroup restated a “market perform” rating on shares of Ryder System in a report on Friday. Seven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $290.56.

Ryder System Trading Down 0.8%

NYSE R traded down $2.22 during trading hours on Friday, hitting $263.31. 195,324 shares of the company’s stock were exchanged, compared to its average volume of 359,615. The business’s 50 day moving average is $242.32 and its 200-day moving average is $249.09. 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 12-month low of $160.08 and a 12-month high of $284.25. The firm has a market capitalization of $10.10 billion, a P/E ratio of 21.46 and a beta of 1.05.

Ryder System (NYSE:R) last posted its quarterly earnings results on Thursday, October 22nd. The transportation company reported $4.33 EPS for the quarter, beating the consensus estimate of $4.15 by $0.18. Ryder System had a return on equity of 18.28% and a net margin of 3.88%. The company had revenue of $2.76 billion during the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter in the previous year, the business earned $3.57 EPS. The firm’s revenue was up 8.3% on a year-over-year basis. As a group, analysts anticipate that Ryder System will post 14.74 EPS for the current fiscal year.

Institutional Investors Weigh In On Ryder System

A number of large investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in Ryder System in the 2nd quarter valued at about $1,060,749,000. Bank of America Corp DE acquired a new position in shares of Ryder System in the second quarter worth about $207,689,000. Bank of New York Mellon Corp purchased a new position in Ryder System in the second quarter valued at about $136,320,000. First Trust Advisors LP boosted its holdings in Ryder System by 81.5% in the first quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company’s stock valued at $206,822,000 after purchasing an additional 453,697 shares during the last quarter. Finally, NewEdge Wealth LLC acquired a new stake in Ryder System during the 2nd quarter valued at approximately $74,531,000. 87.47% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Ryder System

Here are the key news stories impacting Ryder System this week:

• Positive Sentiment: Strong third-quarter earnings: Ryder reported comparable EPS of $4.33, above the $4.15 consensus estimate and up from $3.57 a year earlier. Revenue increased 8.3% year over year to $2.76 billion. The company also reported its eighth consecutive quarter of comparable EPS growth. Ryder Reports Third Quarter 2026 Results
• Positive Sentiment: 2026 profit outlook raised: Ryder guided to full-year EPS of $14.85-$15.05, above the $14.68 analyst consensus. Fourth-quarter EPS guidance of $4.25-$4.45 also brackets the $4.27 consensus estimate, reinforcing expectations for continued earnings momentum.
• Positive Sentiment: Analyst support increased: Barclays raised its price target to $315 from $300, Wells Fargo increased its target to $305 from $300, and Stephens lifted its target to $305 from $280. All three firms assigned an “overweight” rating, signaling expected upside based on Ryder’s earnings performance and outlook. Barclays recommendation
• Neutral Sentiment: Management remains constructive on the cycle: The earnings call highlighted operational strength and what Ryder views as improving conditions across its transportation businesses, though investors may want more evidence that the recovery can translate into sustained revenue growth. Ryder Q3 2026 Results Presentation
• Negative Sentiment: Revenue guidance may concern investors: Ryder forecast full-year 2026 revenue of $10.7 billion, below the reported $13.3 billion consensus estimate. Even with higher EPS guidance, the apparent revenue shortfall could raise questions about growth, margins, or the comparability of analyst estimates.

About Ryder System

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain and dedicated transportation services. Founded in 1933 by James Ryder and headquartered in Miami, Florida, the company serves businesses that rely on commercial vehicles, transportation networks and logistics infrastructure.

Through its Fleet Management Solutions business, Ryder offers full-service leasing, commercial vehicle rental, maintenance, fleet support and related services for trucks, tractors, trailers and other vehicles.