
Ryder System (R) Stock Forecast & Price Target
Ryder System (R) Analyst Ratings
Bulls say
Ryder System Inc reported a 3.0% year-over-year increase in operating revenue, primarily attributed to new business, higher customer volumes, and effective pricing strategies. The Fleet Management Solutions segment exhibited a 0.9% revenue growth, supported by increased revenue from ChoiceLease and SelectCare services, despite a decline in commercial rental revenue. Additionally, the company benefited from a significant 10% increase in tractor pricing, highlighting strong demand dynamics within the market.
Bears say
Ryder System Inc has experienced significant challenges evidenced by a decrease in earnings before tax (EBT), which fell by 5.3% year-over-year to $126 million, reflecting ongoing operational difficulties. The company also reported losses from the sale of aging vehicles as used values have declined sharply, further straining its financial performance. Despite a slight increase in segment EBT margins to 9.8% of operating revenue, this remains below the company's long-term target for low teens margins, indicating persistent underperformance in meeting its profitability goals.
This aggregate rating is based on analysts' research of Ryder System and is not a guaranteed prediction by Public.com or investment advice.
Ryder System (R) Analyst Forecast & Price Prediction
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