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

Ryder System (NYSE:R) posted its earnings results on Wednesday. The transportation company reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.39 by $0.06, Zacks reports. Ryder System had a net margin of 3.83% and a return on equity of 16.78%. 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 Trading Up 2.1 %

R stock opened at $164.39 on Friday. Ryder System has a 52 week low of $106.62 and a 52 week high of $171.78. The company has a market cap of $6.95 billion, a price-to-earnings ratio of 15.38 and a beta of 1.29. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.17. The business has a fifty day simple moving average of $160.24 and a 200-day simple moving average of $151.67.

Ryder System Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, February 18th will be issued a $0.81 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $3.24 dividend on an annualized basis and a dividend yield of 1.97%. Ryder System’s dividend payout ratio (DPR) is presently 30.31%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on R shares. The Goldman Sachs Group raised their price objective on shares of Ryder System from $160.00 to $183.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. JPMorgan Chase & Co. dropped their price target on Ryder System from $176.00 to $174.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, StockNews.com downgraded Ryder System from a “buy” rating to a “hold” rating in a research report on Tuesday, October 29th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $151.71.

About Ryder System

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.