Ryder System, Inc. (R)
NYSE: R · IEX Real-Time Price · USD
121.78
-0.65 (-0.53%)
Apr 26, 2024, 1:06 PM EDT - Market open
Ryder System Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Ryder System stock have an average target of 120.57, with a low estimate of 105 and a high estimate of 135. The average target predicts a decrease of -0.99% from the current stock price of 121.78.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Ryder System stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 7 | 7 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Maintains $113 → $120 | Hold | Maintains | $113 → $120 | -1.46% | Apr 24, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $120 → $126 | Hold | Maintains | $120 → $126 | +3.47% | Apr 24, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $122 → $135 | Strong Buy | Maintains | $122 → $135 | +10.86% | Apr 24, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $100 → $120 | Hold | Maintains | $100 → $120 | -1.46% | Feb 15, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $117 → $120 | Hold | Maintains | $117 → $120 | -1.46% | Feb 15, 2024 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 13.9B | 15.0B |
| Avg | 13.3B | 14.1B |
| Low | 12.4B | 12.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 18.2% | 12.8% |
| Avg | 13.0% | 5.9% |
| Low | 5.4% | -3.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 12.65 | 15.75 |
| Avg | 11.93 | 13.72 |
| Low | 11.14 | 12.25 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.