Ryder System, Inc (NYSE: R) is 37.37% higher on its value in year-to-date trading and has touched a low of $106.62 and a high of $171.78 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The R stock was last observed hovering at around $156.77 in the last trading session, with the day’s gains setting it 1.29%.
Currently trading at $158.06, the stock is -3.35% and -0.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 0.82% at the moment leaves the stock 16.46% off its SMA200. R registered 34.09% gain for a year compared to 6-month gain of 28.74%. The firm has a 50-day simple moving average (SMA 50) of $157.9778 and a 200-day simple moving average (SMA200) of $135.50505.
The stock witnessed a -4.59% loss in the last 1 month and extending the period to 3 months gives it a 6.32%, and is -2.40% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.74% over the week and 2.25% over the month.
Ryder System, Inc (R) has around 47500 employees, a market worth around $6.74B and $12.47B in sales. Current P/E ratio is 14.83 and Fwd P/E is 11.64. Profit margin for the company is 3.82%. Distance from 52-week low is 48.25% and -7.99% from its 52-week high. The company has generated returns on investments over the last 12 months (4.52%).
with sales reaching $3.31B over the same period.The EPS is expected to shrink by -7.66% this year, but quarterly earnings will post 8.21% year-over-year. Quarterly sales are estimated to grow 9.58% in year-over-year returns.
Ryder System, Inc (R) Top Institutional Holders
558.0 institutions hold shares in Ryder System, Inc (R), with institutional investors hold 92.55% of the company’s shares. The shares outstanding are 42.29M, and float is at 41.02M with Short Float at 1.89%. Institutions hold 90.46% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.13 million shares valued at $636.1 million. The investor’s holdings represent 11.7746% of the R Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.24 million shares valued at $525.05 million to account for 9.6638 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 3.65 million shares representing 8.3795% and valued at over $452.69 million, while HG VORA CAPITAL MANAGEMENT, LLC holds 4.9875 of the shares totaling 2.17 million with a market value of $269.44 million.
Ryder System, Inc (R) Insider Activity
The most recent transaction is an insider sale by Fatovic Robert D, the company’s EVP, CLO & Corp. Secretary. SEC filings show that Fatovic Robert D sold 12,500 shares of the company’s common stock on Nov 29 ’24 at a price of $169.11 per share for a total of $2.11 million. Following the sale, the insider now owns 66512.0 shares.
Still, SEC filings show that on Nov 12 ’24, Martin Steve W. (EVP of DTS) disposed off 10,586 shares at an average price of $164.53 for $1.74 million. The insider now directly holds 22,696 shares of Ryder System, Inc (R).
