Ryder System (R) Receiving Somewhat Positive News Coverage, Study Finds

Headlines about Ryder System (NYSE:R) have been trending somewhat positive on Monday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ryder System earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 44.235893029098 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news articles that may have effected Accern Sentiment’s rankings:

Shares of Ryder System (NYSE R) traded up $0.29 during trading hours on Monday, hitting $76.64. 570,589 shares of the company were exchanged, compared to its average volume of 718,879. The company has a current ratio of 1.02, a quick ratio of 0.96 and a debt-to-equity ratio of 2.39. Ryder System has a 12-month low of $62.52 and a 12-month high of $85.50. The company has a market capitalization of $4,042.56, a price-to-earnings ratio of 18.09, a price-to-earnings-growth ratio of 1.13 and a beta of 1.51.

Ryder System (NYSE:R) last issued its earnings results on Tuesday, October 24th. The transportation company reported $1.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.04. Ryder System had a net margin of 2.75% and a return on equity of 10.72%. The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.80 billion. During the same quarter in the prior year, the business earned $1.67 earnings per share. Ryder System’s revenue for the quarter was up 7.2% on a year-over-year basis. equities research analysts anticipate that Ryder System will post 4.51 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Monday, November 20th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Friday, November 17th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.40%. Ryder System’s dividend payout ratio is 49.86%.

R has been the subject of a number of recent analyst reports. Aegis reiterated a “buy” rating and issued a $91.00 price target (up from $84.00) on shares of Ryder System in a research report on Tuesday, October 10th. Zacks Investment Research upgraded shares of Ryder System from a “hold” rating to a “buy” rating and set a $92.00 price target for the company in a research report on Tuesday, September 26th. BidaskClub lowered shares of Ryder System from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. ValuEngine upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Buckingham Research initiated coverage on shares of Ryder System in a research report on Monday, August 21st. They issued a “buy” rating and a $85.00 price target for the company. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Ryder System presently has an average rating of “Buy” and a consensus price target of $85.00.

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In related news, insider Dennis C. Cooke sold 32,328 shares of the company’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $81.46, for a total transaction of $2,633,438.88. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider John S. Sensing sold 4,502 shares of the company’s stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $73.01, for a total transaction of $328,691.02. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,380 shares of company stock valued at $4,039,764. 1.95% of the stock is owned by company insiders.

Ryder System Company Profile

Ryder System, Inc is engaged in offering transportation and supply chain management solutions. The Company operates through three segments: Fleet Management Solutions (FMS), which provides leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the United States, Canada and the United Kingdom; Dedicated Transportation Solutions (DTS), which provides vehicles and drivers as part of a dedicated transportation solution in the United States, and Supply Chain Solutions (SCS), which provides supply chain solutions, including distribution and transportation services in North America and Asia.

Insider Buying and Selling by Quarter for Ryder System (NYSE:R)

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