
Ryder System (R) Stock Forecast & Price Target
Ryder System (R) Analyst Ratings
Bulls say
Ryder System Inc has demonstrated a solid financial performance, highlighted by a 3.0% year-over-year increase in operating revenue primarily attributable to new business acquisition, higher customer volumes, and improved pricing strategies. Additionally, revenues from the ChoiceLease and SelectCare segments contributed positively to overall growth, despite a decline in commercial rental revenue, further indicating resilience within the company's operations. The company also observed a notable 10% increase in tractor pricing, reflecting strong demand dynamics within the fleet management sector.
Bears say
Ryder System Inc has reported a notable setback with a 5.3% year-over-year decrease in earnings before taxes (EBT), totaling $126 million, alongside an increase in segment EBT margins to 9.8% of operating revenue, which remains below the long-term target of low teens margins. The company is also struggling with losses on the sale of aging vehicles, driven by declining used vehicle values, indicating potential weaknesses in asset management and pricing strategies. Furthermore, a decline in rental revenue by 2.0% year-over-year, coupled with a decrease in the average active fleet count, reinforces concerns about demand and operational efficiency within the Fleet Management Solutions segment.
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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