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Ryder System (NYSE:R) stock has reached an all-time high, hitting 172.81 USD. This milestone reflects the company’s robust performance and positive market sentiment, with the transportation giant now commanding a market capitalization of $7.06 billion. According to InvestingPro analysis, the stock appears to be trading above its Fair Value, suggesting investors should carefully consider entry points. Over the past year, Ryder System has experienced a significant 44.58% increase in its stock price, signaling strong investor confidence and growth within the firm. With annual revenue of $12.67 billion and a P/E ratio of 14.53, the company offers a dividend yield of 1.91%. The rise to this all-time high underscores the company’s successful strategies and resilience in the face of market fluctuations. InvestingPro subscribers can access 8 additional key insights and a comprehensive Pro Research Report about Ryder System’s financial health and future prospects.
In other recent news, Ryder Systems reported its first-quarter 2025 earnings, revealing a slight miss on earnings per share (EPS) against market expectations, with a reported EPS of $2.46 compared to the forecasted $2.47. Revenue for the quarter was $3.13 billion, falling short of the expected $3.19 billion, indicating challenges in the current market environment. Despite these misses, Ryder Systems continues to show strength in its asset-light business strategy, with operating revenue increasing by 2% year-over-year to $2.6 billion. Wolfe Research recently upgraded Ryder Systems’ stock rating to Outperform, citing the company’s modest earnings per share upside potential and low price-to-earnings valuation. In contrast, Stephens analyst Justin Long adjusted the price target for Ryder Systems shares to $150 from $168, maintaining an Equal Weight rating due to concerns about the rental business’s performance and second-quarter guidance being lower than consensus estimates. Ryder Systems has projected a second-quarter EPS range of $3.00 to $3.25, with full-year guidance of $12.85 to $13.60. The company is focusing on strategic initiatives expected to generate significant benefits, including $150 million in annual pre-tax earnings by the next cycle peak. Despite a challenging freight market, Ryder’s contractual businesses have shown resilience, and the company remains confident in achieving its annual targets with potential macroeconomic improvements.
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