In the past week, R stock has gone up by 9.05%, with a monthly gain of 6.30% and a quarterly surge of 6.42%. The volatility ratio for the week is 3.98%, and the volatility levels for the last 30 days are 2.43% for Ryder System, Inc. The simple moving average for the past 20 days is 5.53% for R’s stock, with a 14.61% simple moving average for the past 200 days.
Is It Worth Investing in Ryder System, Inc. (NYSE: R) Right Now?
Ryder System, Inc. (NYSE: R) has a price-to-earnings ratio that is above its average at 13.91x. The stock has a 36-month beta value of 1.41. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 3 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for R is 42.98M, and at present, short sellers hold a 1.19% of that float. On April 24, 2024, the average trading volume of R was 270.70K shares.
R) stock’s latest price update
The stock price of Ryder System, Inc. (NYSE: R) has jumped by 11.94 compared to previous close of 109.00. Despite this, the company has seen a gain of 9.05% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-23 that Ryder (R) came out with quarterly earnings of $2.14 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $2.81 per share a year ago.
Analysts’ Opinion of R
Robert W. Baird gave a rating of “Outperform” to R, setting the target price at $118 in the report published on July 31st of the previous year.
R Trading at 6.69% from the 50-Day Moving Average
After a stumble in the market that brought R to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.35% of gains for the given period.
Volatility was left at 2.43%, however, over the last 30 days, the volatility rate increased by 3.98%, as shares surge +6.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.18% upper at present.
During the last 5 trading sessions, R rose by +9.05%, which changed the moving average for the period of 200-days by +43.69% in comparison to the 20-day moving average, which settled at $115.97. In addition, Ryder System, Inc. saw 6.04% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at R starting from JONES KAREN M., who sale 7,737 shares at the price of $113.48 back on Feb 28 ’24. After this action, JONES KAREN M. now owns 12,396 shares of Ryder System, Inc., valued at $877,995 using the latest closing price.
Ravindran Rajeev, the EVP & CIO of Ryder System, Inc., sale 8,800 shares at $114.39 during a trade that took place back on Feb 26 ’24, which means that Ravindran Rajeev is holding 8,360 shares at $1,006,632 based on the most recent closing price.
Stock Fundamentals for R
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.2 for the gross margin
The net margin for Ryder System, Inc. stands at 0.03. The total capital return value is set at 0.04. Equity return is now at value 13.45, with 2.68 for asset returns.
Based on Ryder System, Inc. (R), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 2.91. The interest coverage ratio of the stock is 1.7.
Currently, EBITDA for the company is 2.62 billion with net debt to EBITDA at 6.56. When we switch over and look at the enterprise to sales, we see a ratio of 1.04. The receivables turnover for the company is 6.92for trailing twelve months and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.62.
Conclusion
To sum up, Ryder System, Inc. (R) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
