S&P 500 gains to extend record run, set for positive week
Ryder System (NYSE:R) stock reached an all-time high, hitting 171.82 USD, marking a significant milestone for the company. According to InvestingPro data, the company maintains a GOOD financial health score and trades at an attractive P/E ratio of 14.6x, with analysts forecasting EPS of $13.48 for fiscal year 2025. Over the past year, Ryder System has experienced a substantial increase in its stock value, with a 1-year change of 39.27%. This impressive performance reflects the company’s strong market position and investor confidence, supported by a steady dividend yield of 1.92% and a market capitalization of $7.1 billion. The all-time high underscores the positive trajectory Ryder System has maintained, as it continues to deliver value to its shareholders amidst a dynamic economic landscape. InvestingPro subscribers can access 8 additional key insights and a comprehensive Pro Research Report about Ryder System’s future prospects.
In other recent news, Ryder Systems reported its Q1 2025 earnings, revealing a slight miss on earnings per share (EPS) and revenue compared to market expectations. The company posted an EPS of $2.46, narrowly missing the forecast of $2.47, and reported revenue of $3.13 billion, below the expected $3.19 billion. Despite these shortfalls, Ryder’s strategic shift towards asset-light operations is progressing, with a 2% year-over-year increase in operating revenue to $2.6 billion. Wolfe Research upgraded Ryder Systems’ stock rating from Peerperform to Outperform, highlighting the company’s modest earnings per share upside potential and low price-to-earnings valuation. Conversely, Stephens analyst Justin Long reduced the price target for Ryder Systems’ shares from $168.00 to $150.00, maintaining an Equal Weight rating. Long noted that Ryder’s rental business underperformed expectations, impacting utilization rates and pricing. Ryder’s guidance for Q2 2025 suggests an EPS range of $3.00 to $3.25, with the full-year guidance set between $12.85 and $13.60. The company remains focused on optimizing its business model and achieving cost savings through strategic initiatives.
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