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

Ryder System (NYSE:R) released its quarterly earnings data 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 Trading Down 0.3 %

NYSE:R traded down $0.44 on Thursday, hitting $162.52. 13,969 shares of the stock were exchanged, compared to its average volume of 330,875. The stock has a market capitalization of $6.87 billion, a price-to-earnings ratio of 15.17 and a beta of 1.29. Ryder System has a 52 week low of $106.62 and a 52 week high of $171.78. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.74 and a current ratio of 0.74. The company’s 50-day moving average price is $160.31 and its 200 day moving average price is $151.61.

Ryder System Dividend Announcement

The company 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 1.99%. Ryder System’s dividend payout ratio is currently 30.31%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. JPMorgan Chase & Co. reduced their target price on shares of Ryder System from $148.00 to $144.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. 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 research note on Thursday, December 12th. Finally, StockNews.com downgraded shares of Ryder System from a “buy” rating to a “hold” rating in a research note 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.