
Ryder System (R) Stock Forecast & Price Target
Ryder System (R) Analyst Ratings
Bulls say
Ryder System Inc. demonstrated a positive financial trajectory with a 3.0% year-over-year increase in operating revenue, attributed to new business, elevated customer volumes, and effective pricing strategies. Additionally, the company's dedicated fleets, as evidenced by higher ChoiceLease and SelectCare revenue, contributed to a 0.9% growth in operating revenue, despite a decrease in commercial rental revenue. Notably, the significant 10% increase in tractor pricing, when excluding sales effects, indicates strong pricing power and market demand, supporting a favorable outlook for the company.
Bears say
Ryder System Inc. is experiencing a negative financial outlook primarily due to losses incurred from the sale of aging vehicles, reflecting declining used vehicle values and wholesaling challenges. The company's earnings before tax (EBT) decreased by 5.3% year-over-year, amounting to $126 million, while segment EBT margins, although improved by 230 basis points, remain below the long-term target, indicating persistent profitability issues. Additionally, a 2.0% decline in rental revenue, correlated with a contraction in the average active fleet count despite an improved utilization rate, underscores ongoing revenue pressure within the fleet management 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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