Ryder System (R) to Release Earnings on Wednesday

Ryder System (NYSE:R) is expected to post its quarterly earnings results before the market opens on Wednesday, February 12th. Analysts expect Ryder System to post earnings of $3.39 per share and revenue of $3.31 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Ryder System Price Performance

Shares of NYSE:R opened at $158.80 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.17. Ryder System has a twelve month low of $106.62 and a twelve month high of $171.78. The stock’s 50 day moving average is $161.44 and its 200-day moving average is $150.63. The firm has a market capitalization of $6.72 billion, a price-to-earnings ratio of 14.85 and a beta of 1.30.

Analyst Ratings Changes

R has been the subject of several recent research reports. StockNews.com downgraded Ryder System from a “buy” rating to a “hold” rating in a report on Tuesday, October 29th. The Goldman Sachs Group upped their price target on Ryder System from $160.00 to $183.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Finally, JPMorgan Chase & Co. decreased their price target on Ryder System from $148.00 to $144.00 and set a “neutral” rating for the company in a report 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 MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $147.43.

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.