Ryder (NYSE:R) is scheduled to release its earnings data before the market opens on Tuesday, April 24th. Ryder has set its Q1 guidance at 0.83-0.90 EPS and its FY18 guidance at $5.40-5.70 EPS.
Ryder (NYSE:R) last announced its quarterly earnings data on Friday, February 16th. The transportation company reported $1.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.36 by $0.01. Ryder had a return on equity of 10.47% and a net margin of 10.78%. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.84 billion. During the same period in the previous year, the business earned $1.07 earnings per share. The business’s revenue was up 12.2% on a year-over-year basis. On average, analysts expect Ryder to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Shares of Ryder stock opened at $74.16 on Tuesday. Ryder has a 52 week low of $62.52 and a 52 week high of $90.26. The stock has a market capitalization of $3,819.15, a PE ratio of 16.37, a price-to-earnings-growth ratio of 0.86 and a beta of 1.47. The company has a current ratio of 0.66, a quick ratio of 0.62 and a debt-to-equity ratio of 1.62.
R has been the topic of several research analyst reports. Zacks Investment Research upgraded Ryder from a “hold” rating to a “buy” rating and set a $100.00 price objective on the stock in a research report on Monday, January 15th. Buckingham Research restated a “buy” rating and issued a $90.00 price objective (down from $101.00) on shares of Ryder in a research report on Tuesday, February 20th. Stifel Nicolaus restated a “hold” rating and issued a $86.00 price objective on shares of Ryder in a research report on Thursday, January 18th. Seaport Global Securities restated a “hold” rating on shares of Ryder in a research report on Friday, February 23rd. Finally, JPMorgan Chase restated a “neutral” rating and issued a $73.00 price objective (down from $94.00) on shares of Ryder in a research report on Tuesday, February 20th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $86.33.
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Ryder System, Inc provides transportation and supply chain management solutions worldwide. The company operates through three segments: Fleet Management Solutions (FMS), Dedicated Transportation Solutions (DTS), and Supply Chain Solutions (SCS). The FMS segment offers full service leasing and leasing with flexible maintenance options, as well as maintenance services, supplies, and related equipment for operation of the vehicles; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers, as well as ancillary maintenance and fleet support services.
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