Headlines about Ryder System (NYSE:R) have been trending somewhat positive on Thursday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ryder System earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the transportation company an impact score of 45.9966299065466 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern’s analysis:
- Financial Contrast: Ryder System (R) and Its Peers (americanbankingnews.com)
- Ryder System, Inc. : Featured Company News – Ryder Appoints Frank Mullen as the New Vice President and Controller (4-traders.com)
- Ryder Appoints Frank Mullen Vice President and Controller – Business Wire (press release) (businesswire.com)
- Ryder Trucks Launches Campaign With ‘Inc.’ 09/19/2017 – MediaPost – MediaPost Communications (mediapost.com)
Ryder System (NYSE:R) opened at 81.07 on Thursday. The firm has a 50-day moving average price of $75.41 and a 200-day moving average price of $72.19. Ryder System has a 12-month low of $62.03 and a 12-month high of $85.42. The stock has a market cap of $4.30 billion, a PE ratio of 19.52 and a beta of 1.37.
Ryder System (NYSE:R) last issued its quarterly earnings data on Wednesday, July 26th. The transportation company reported $1.00 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.93 by $0.07. Ryder System had a return on equity of 11.71% and a net margin of 3.17%. The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.76 billion. During the same period last year, the business earned $1.56 EPS. The firm’s revenue was up 5.3% compared to the same quarter last year. Analysts forecast that Ryder System will post $4.45 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Monday, August 21st were paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.27%. This is an increase from Ryder System’s previous quarterly dividend of $0.44. The ex-dividend date was Thursday, August 17th. Ryder System’s dividend payout ratio (DPR) is presently 44.12%.
A number of analysts recently issued reports on the stock. ValuEngine raised shares of Ryder System from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. KeyCorp raised shares of Ryder System from a “sector weight” rating to an “overweight” rating in a research report on Wednesday, September 13th. BidaskClub raised shares of Ryder System from a “hold” rating to a “buy” rating in a research report on Wednesday, August 9th. Stifel Nicolaus reissued a “hold” rating and set a $68.00 target price on shares of Ryder System in a research report on Tuesday, September 5th. Finally, Zacks Investment Research downgraded shares of Ryder System from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $77.17.
In related news, CEO Robert E. Sanchez sold 26,275 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $72.43, for a total value of $1,903,098.25. Following the transaction, the chief executive officer now directly owns 107,237 shares of the company’s stock, valued at approximately $7,767,175.91. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Dennis C. Cooke sold 9,650 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $72.75, for a total value of $702,037.50. Following the completion of the transaction, the insider now directly owns 2,883 shares in the company, valued at $209,738.25. The disclosure for this sale can be found here. Insiders sold a total of 40,427 shares of company stock worth $2,933,827 over the last three months. 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.
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