A share price of Ryder System, Inc [R] is currently trading at $162.96, up 3.02%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The R shares have gain 2.85% over the last week, with a monthly amount glided 4.39%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ryder System, Inc [NYSE: R] stock has seen the most recent analyst activity on June 24, 2024, when Morgan Stanley initiated its Overweight rating and assigned the stock a price target of $165. Previously, Vertical Research upgraded its rating to Buy on June 14, 2024, and elevated its price target to $145. On January 10, 2024, downgrade downgraded it’s rating to Hold. Wolfe Research downgraded its rating to a Peer Perform. Robert W. Baird upgraded its rating to a Outperform but $118 remained the price target by the analyst firm on July 31, 2023. Wolfe Research upgraded its rating to Outperform for this stock on January 10, 2023, but kept the price target unchanged to $100. In a note dated June 06, 2022, Wolfe Research upgraded an Peer Perform rating on this stock.
Ryder System, Inc experienced fluctuations in its stock price throughout the past year between $106.62 and $171.78. Currently, Wall Street analysts expect the stock to reach $124.6 within the next 12 months. Ryder System, Inc [NYSE: R] shares were valued at $162.96 at the most recent close of the market. An investor can expect a potential drop of -23.54% based on the average R price forecast.
Analyzing the R fundamentals
Trailing Twelve Months sales for Ryder System, Inc [NYSE:R] were 12.64B which represents 5.49% growth. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.16 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.87.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 156.72 points at the first support level, and at 150.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 167.58, and for the 2nd resistance point, it is at 172.19.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ryder System, Inc [NYSE:R] is 1.15. Also, the Quick Ratio is 0.74, while the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 0.55, the price to book ratio is 2.26 and price to earnings (TTM) ratio is 14.77.
Transactions by insiders
Recent insider trading involved Fatovic Robert D, EVP, CLO & Corp. Secretary, that happened on Nov 29 ’24 when 12500.0 shares were sold. Officer, ROBERT FATOVIC completed a deal on Nov 29 ’24 to buy 12500.0 shares. Meanwhile, EVP of DTS Martin Steve W. sold 10586.0 shares on Nov 12 ’24.
