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Investing.com - Stephens raised its price target on Ryder Systems (NYSE:R) to $190.00 from $150.00 on Tuesday, while maintaining an Equal Weight rating following the company’s second-quarter earnings report. The stock, which has delivered a 37.55% return over the past year and currently trades near its 52-week high of $184.76, appears overvalued according to InvestingPro’s Fair Value model.
Ryder Systems reported adjusted earnings per share of $3.32 for the second quarter of 2025, exceeding both Stephens’ estimate of $3.20 and the consensus estimate of $3.11. The $7.45 billion market cap company, which maintains a P/E ratio of 15.2x, has demonstrated strong financial health with a perfect Piotroski Score of 9, according to InvestingPro data.
The company updated its full-year 2025 guidance to a range of $12.85-$13.30 per share, narrowing from its previous range of $12.85-$13.60. Despite the lowered upper end, the midpoint of the new guidance remains above the pre-earnings consensus estimate of $12.90.
Stephens noted that Ryder beat bottom-line estimates across all three business segments, with Supply Chain Solutions (SCS) reporting the strongest performance. However, the company reported losses on vehicle sales as it continues wholesaling aging vehicles amid declining used values.
Management expects to return to gains in the third quarter, though some wholesaling activity will linger, according to Stephens, which added that while used prices should recover, the slow recovery of the broader trucking market will constrain Fleet Management Solutions (FMS) demand.
In other recent news, Ryder System Inc . reported robust financial results for the second quarter of 2025, exceeding both earnings and revenue expectations. The company achieved an earnings per share (EPS) of $3.32, surpassing the projected $3.12, which represents a 6.41% surprise. Revenue also came in slightly higher than anticipated, reaching $3.19 billion compared to the forecasted $3.17 billion. These results highlight Ryder System’s ability to perform well even in challenging market conditions. While stock price movement is not discussed, the positive earnings report suggests favorable investor sentiment. No recent mergers or acquisitions were announced. Analyst upgrades or downgrades were not mentioned in the recent reports. Other company news was not highlighted in the latest updates. These recent developments reflect the company’s current financial health and market position.
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