Ryder System (NYSE:R) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.73 by 11 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.
Ryder System (NYSE:R): According to 8 Analysts, The short term target price has been estimated at $ 77.13.The target price could deviate by a maximum of $10.55 from the forecast price. In the near term, the target price could hit a high of $93 and a low of $ 61.
Ryder System (NYSE:R) witnessed a decline in the market cap on Tuesday as its shares dropped 1.84% or 1.22 points. After the session commenced at $64.93, the stock reached the higher end at $65.55 while it hit a low of $63.5. With the volume soaring to 890,555 shares, the last trade was called at $65.11. The company has a 52-week high of $94.4. The company has a market cap of $3,497 million and there are 53,703,407 shares in outstanding. The 52-week low of the share price is $45.12.
Shares of Ryder System, Inc. appreciated by 1.46% during the last five trading days but lost 4.28% on a 4-week basis. Ryder System, Inc. is up 0.03% in the last 3-month period. Year-to-Date the stock performance stands at 16.11%.
Ryder System, Inc. (Ryder) is engaged in offering commercial fleet management and supply chain solutions. Ryder operates in two segments: Fleet Management Solutions (FMS) and Supply Chain Solutions (SCS). The Fleet Management Solutions segment provides service leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers in the United States, Canada and the United Kingdom. The Supply Chain Solutions segment provides supply chain solutions, including distribution and transportation services in North America and Asia. The Supply Chain Solutions segment also provides services, which includes vehicles and drivers as part of a transportation solution in the United States. In addition, the Companys SCS business, as well as its FMS business provides customers with capacity management services.