Ryder System Upgraded to 'Buy' Rating by StockNews.com

On February 19, 2025, analysts at StockNews.com have raised their rating on Ryder System (NYSE:R) from "hold" to "buy," reflecting a positive outlook for the company.

Recently, Ryder System has attracted attention from several analysts. The Goldman Sachs Group increased their price target for Ryder's shares from $160.00 to $183.00 while maintaining a "buy" rating in their report dated December 12, 2024. Conversely, JPMorgan Chase & Co. revised their price target down from $176.00 to $174.00, assigning a "neutral" rating as of February 13, 2025. Currently, two analysts rate the stock as a hold while five have issued buy ratings, leading to a consensus rating of "Moderate Buy" and an average price target of $157.00 according to MarketBeat.com.

Ryder System Stock Performance

As of Monday, Ryder System's shares opened at $170.80. The stock's performance indicators reveal a fifty-day moving average at $160.48 and a two-hundred-day moving average at $152.54. Key financial ratios include a current ratio of 0.74, a quick ratio also at 0.74, and a debt-to-equity ratio of 2.17. In the past year, Ryder System recorded a low of $106.88 and a high of $171.78. The company boasts a market capitalization of $7.22 billion and a price-to-earnings (P/E) ratio of 15.98, with a beta value of 1.29, indicating its volatility in the market.

For the quarter ending February 12, 2025, Ryder System reported earnings of $3.45 per share, exceeding analyst expectations of $3.39 by $0.06. The company achieved a net margin of 3.83% along with a return on equity of 16.78%. Projections suggest that Ryder System will generate 12 EPS for the current fiscal year.

Institutional Investment Trends

Investors have shown interest in Ryder System, with multiple hedge funds adjusting their positions recently. Keystone Financial Group Inc. initiated a new stake worth approximately $26,000 in Ryder during the fourth quarter. Similarly, SBI Securities Co. Ltd. and an additional investor also acquired positions at the same value. Wilmington Savings Fund Society and R Squared Ltd. opened stakes valued at around $34,000 and $45,000, respectively. Principal Securities Inc. expanded its holdings by 36.5%, owning 344 shares valued at $54,000 after acquiring 92 shares in the last quarter. Overall, institutional investors and hedge funds collectively hold 87.47% of Ryder's stock.

Company Overview

Ryder System, Inc. is a global player in logistics and transportation. The company operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). Its FMS segment provides various services, including full-service leasing, commercial vehicle rental, and contract maintenance services for trucks and trailers. Additionally, the company offers diesel fuel access, fuel planning, and digital support services through their retail sales centers and official website.

Ryder, Stock, Buy