Ryder System (NYSE:R) Posts Earnings Results, Beats Estimates By $0.06 EPS

Ryder System (NYSE:R) announced its earnings results on Wednesday. The transportation company reported $3.45 EPS for the quarter, topping the consensus estimate 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 Performance

R stock traded up $5.70 during midday trading on Wednesday, hitting $163.88. The stock had a trading volume of 155,591 shares, compared to its average volume of 328,242. The firm has a market capitalization of $6.93 billion, a price-to-earnings ratio of 15.31 and a beta of 1.29. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.17. The stock has a 50-day simple moving average of $160.38 and a 200 day simple moving average of $151.53. Ryder System has a 52 week low of $106.62 and a 52 week high of $171.78.

Ryder System Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.81 per share. This represents a $3.24 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date is Tuesday, February 18th. 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 target price on Ryder System from $148.00 to $144.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. StockNews.com downgraded Ryder System from a “buy” rating to a “hold” rating in a research note on Tuesday, October 29th. Finally, The Goldman Sachs Group boosted their target price on shares of Ryder System from $160.00 to $183.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $147.43.

Ryder System Company Profile

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.