Ryder System (NYSE:R - Get Free Report) announced its quarterly earnings results on Wednesday. The transportation company reported $3.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.39 by $0.06, Zacks reports. Ryder System had a return on equity of 16.78% and a net margin of 3.83%. Ryder System updated its FY 2025 guidance to 13.000-14.000 EPS and its Q1 2025 guidance to 2.300-2.550 EPS.
Ryder System Stock Up 3.3 %
R stock traded up $5.30 during midday trading on Friday, hitting $166.37. 509,113 shares of the company's stock were exchanged, compared to its average volume of 337,776. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.17. Ryder System has a 12-month low of $106.62 and a 12-month high of $171.78. The firm has a 50 day moving average price of $160.29 and a 200-day moving average price of $151.98. The stock has a market capitalization of $7.04 billion, a price-to-earnings ratio of 15.56 and a beta of 1.29.
Ryder System Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.81 per share. The ex-dividend date is Tuesday, February 18th. This represents a $3.24 annualized dividend and a yield of 1.95%. Ryder System's dividend payout ratio is presently 30.31%.
Analyst Ratings Changes
Several brokerages recently weighed in on R. JPMorgan Chase & Co. decreased their price target on Ryder System from $176.00 to $174.00 and set a "neutral" rating for the company in a report on Thursday. StockNews.com downgraded Ryder System from a "buy" rating to a "hold" rating in a report on Tuesday, October 29th. Finally, The Goldman Sachs Group increased their price target on Ryder System from $160.00 to $183.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $157.00.
View Our Latest Stock Analysis on R
Ryder System Company Profile
(
Get Free Report)
Ryder System, Inc operates as a logistics and transportation company worldwide. It operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full-service leasing and leasing with flexible maintenance options; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers; access to diesel fuel; and fuel planning and tax reporting, cards, and monitoring services, and centralized billing, as well as sells used vehicles through its retail sales centers and www.ryder.com/used-trucks website, as well as digital and technology support services.
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