Ryder System, Inc. which can be found using ticker (R) now have 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 118 and 100 calculating the average target price we see $108.43. Given that the stocks previous close was at $85.15 and the analysts are correct then we can expect a percentage increase in value of 27.3%. There is a 50 day moving average of $93.74 and the 200 day moving average is $83.04. The company has a market capitalization of $3,934m. Company Website: https://www.ryder.com
The potential market cap would be $5,010m based on the market consensus.
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. The DTS segment offers equipment, maintenance, drivers, administrative, and additional services, as well as routing and scheduling, fleet sizing, safety, regulatory compliance, risk management, and technology and communication systems support services. The SCS segment comprises distribution management services, such as designing and managing customer’s distribution network and facilities; coordinating warehousing and transportation for inbound and outbound material flows; handling import and export for international shipments; coordinating just-in-time replenishment of component parts to manufacturing and final assembly; and offering shipments to customer distribution centers or end customer delivery points, as well as other value added services, such as light assembly of components. This segment also offers transportation management and brokerage services, such as shipment optimization, load scheduling, and delivery confirmation services; knowledge-based professional services; and e-commerce and last mile services. The company was founded in 1933 and is headquartered in Miami, Florida.
The company has a dividend yield of 2.94% with the ex dividend date set at 17-2-2023 (DMY).
Other points of data to note are a P/E ratio of 4.97, revenue per share of 242.41 and a 4.27% return on assets.
