Ryder System, Inc. (R)
NYSE: R · IEX Real-Time Price · USD
111.88
-2.33 (-2.04%)
Apr 16, 2024, 4:00 PM EDT - Market closed

Ryder System Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Ryder System stock have an average target of 116, with a low estimate of 105 and a high estimate of 120. The average target predicts an increase of 3.68% from the current stock price of 111.88.

Analyst Consensus: Hold
Target Low Average Median High
Price $105 $116 $120 $120
Change -6.15% +3.68% +7.26% +7.26%
* Price targets were last updated on Feb 15, 2024.

Analyst Ratings

The average analyst rating for Ryder System stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 000000
Buy 111111
Hold 667776
Sell 000000
Strong Sell 000000
Total 778887

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Hold
Maintains
$100$120
Hold Maintains $100$120 +7.26% Feb 15, 2024
JP Morgan
JP Morgan
Hold
Maintains
$117$120
Hold Maintains $117$120 +7.26% Feb 15, 2024
Stephens & Co.
Stephens & Co.
Hold
Maintains
$110$113
Hold Maintains $110$113 +1.00% Feb 15, 2024
Vertical Research
Vertical Research
Hold
Downgrades
$120
Hold Downgrades $120 +7.26% Jan 10, 2024
JP Morgan
JP Morgan
Hold
Maintains
$110$117
Hold Maintains $110$117 +4.58% Dec 21, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
13.32B
from 11.78B
Increased by 13.01%
Revenue Next Year
14.11B
from 13.32B
Increased by 5.94%
EPS This Year
11.93
from 8.73
Increased by 36.64%
EPS Next Year
13.72
from 11.93
Increased by 15.03%
Year 2019202020212022202320242025
Revenue
8.93B8.42B9.66B12.01B11.78B13.32B14.11B
Revenue Growth
6.08%-5.67%14.76%24.30%-1.90%13.01%5.94%
EPS
-0.47-2.349.6617.048.7311.9313.72
EPS Growth
---76.40%-48.77%36.64%15.03%
No. Analysts -----88
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 13.9B 15.0B
Avg 13.3B 14.1B
Low 12.4B 12.9B

Revenue Growth

Revenue Growth 20242025
High
18.2%
12.8%
Avg
13.0%
5.9%
Low
5.4%
-3.0%

EPS Forecast

EPS 20242025
High 12.65 15.75
Avg 11.93 13.72
Low 11.14 12.25

EPS Growth

EPS Growth 20242025
High
44.9%
32.0%
Avg
36.6%
15.0%
Low
27.6%
2.7%
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.