Ryder System (NYSE:R) Posts Quarterly 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 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 Price Performance

Shares of NYSE:R traded up $6.54 during trading on Wednesday, reaching $164.72. The company had a trading volume of 203,962 shares, compared to its average volume of 330,318. The company has a fifty day moving average of $160.38 and a two-hundred day moving average of $151.53. The stock has a market capitalization of $6.97 billion, a P/E ratio of 15.41 and a beta of 1.29. Ryder System has a 12 month low of $106.62 and a 12 month high of $171.78. 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 Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have weighed in on R. StockNews.com lowered shares of Ryder System from a “buy” rating to a “hold” rating in a research report on Tuesday, October 29th. The Goldman Sachs Group boosted their target price on shares of Ryder System from $160.00 to $183.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Ryder System from $148.00 to $144.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average 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.