
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 fueled by new business acquisition, higher customer volumes, and effective pricing strategies. Additionally, the company experienced a 0.9% rise in revenue linked to its ChoiceLease and SelectCare services, indicating robust demand despite a decline in commercial rental revenue. Notably, tractor pricing exhibited a significant increase of 10%, reflecting strengthened market conditions and pricing power within the company's Fleet Management Solutions segment.
Bears say
Ryder System Inc is facing significant challenges, evidenced by a 5.3% year-over-year decline in earnings before taxes (EBT) to $126 million, alongside rental revenue decreasing by 2.0% due to a shrinking active fleet count. Despite a slight improvement in segment EBT margins, reaching 9.8% of operating revenue, this remains below the company's long-term target of low teens margins. Additionally, the reported losses on the sale of aging vehicles, compounded by declining used vehicle values, reflect ongoing pressures that could hinder future profitability.
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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