At the time of writing, Ryder System, Inc [R] stock is trading at $170.92, up 2.75%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The R shares have gain 8.51% over the last week, with a monthly amount glided 3.24%, 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.
For the past year, the stock price of Ryder System, Inc fluctuated 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 $170.92 at the most recent close of the market. An investor can expect a potential drop of -27.1% based on the average R price forecast.
Analyzing the R fundamentals
According to Ryder System, Inc [NYSE:R], the company’s sales were 12.64B for trailing twelve months, which represents an 5.49% jump. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.06%, 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 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.85.
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 167.18 points at the first support level, and at 163.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 173.13, and for the 2nd resistance point, it is at 175.33.
Ratios To Look Out For
It is important to note that Ryder System, Inc [NYSE:R] has a current ratio of 1.15. Further, the Quick Ratio stands at 0.74, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.57, the price to book ratio is 2.37 and price to earnings (TTM) ratio is 15.49.
Transactions by insiders
Recent insider trading involved RAJEEV RAVINDRAN, Officer, that happened on Feb 18 ’25 when 1294.0 shares were purchased. EVP, CLO & Corp. Secretary, Fatovic Robert D completed a deal on Nov 29 ’24 to sell 12500.0 shares. Meanwhile, Officer ROBERT FATOVIC bought 12500.0 shares on Nov 29 ’24.
