Ryder System, Inc. (R)
NYSE: R · IEX Real-Time Price · USD
132.14
+0.85 (0.65%)
At close: Jul 19, 2024, 4:00 PM
132.09
-0.05 (-0.04%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Ryder System Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Ryder System stock have an average target of 134.83, with a low estimate of 118 and a high estimate of 165. The average target predicts an increase of 2.04% from the current stock price of 132.14.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ryder System stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 7 | 7 | 6 | 6 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jul 8, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $165 | Buy | Initiates | $165 | +24.87% | Jun 24, 2024 |
| Vertical Research | Vertical Research | Hold → Strong Buy Upgrades $125 → $145 | Hold → Strong Buy | Upgrades | $125 → $145 | +9.73% | Jun 14, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $113 → $120 | Hold | Maintains | $113 → $120 | -9.19% | Apr 24, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $120 → $126 | Hold | Maintains | $120 → $126 | -4.65% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
13.36B
from 11.78B
Increased by 13.38%
Revenue Next Year
14.16B
from 13.36B
Increased by 5.96%
EPS This Year
12.16
from 8.73
Increased by 39.34%
EPS Next Year
13.68
from 12.16
Increased by 12.43%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.1B | 15.1B | 16.0B |
| Avg | 13.4B | 14.2B | 15.6B |
| Low | 12.6B | 12.9B | 15.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.9% | 12.9% | 13.2% |
| Avg | 13.4% | 6.0% | 10.0% |
| Low | 7.0% | -3.8% | 5.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.92 | 14.69 | 15.96 |
| Avg | 12.16 | 13.68 | 15.50 |
| Low | 11.52 | 12.25 | 14.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 47.9% | 20.8% | 16.7% |
| Avg | 39.3% | 12.4% | 13.4% |
| Low | 31.9% | 0.7% | 8.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.