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Ryder System

RNYSE
$133.92
1.781.35%
Last update: 12:53 PM
15 minutes delayed
Q2 2024 Earnings in 3 days from now on Thu Jul 25th, before the market open
Conference call scheduled in 3 days at 11:00 AM Click to view the webcast
Pit Stop Fleet Service announced it will be acquired by Ryder System (R) on Monday, July 15, 2024
Consensus Rating1
Buy
Highest Price Target1
$165.00
Lowest Price Target1
$90.00
Consensus Price Target1
$122.56

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Ryder System (NYSE:R) Stock, Analyst Ratings, Price Targets, Forecasts

Ryder System Inc has a consensus price target of $122.56 based on the ratings of 11 analysts. The high is $165 issued by Morgan Stanley on June 24, 2024. The low is $90 issued by Baird on January 5, 2022. The 3 most-recent analyst ratings were released by JP Morgan, Morgan Stanley, and Vertical Research on July 9, 2024, June 24, 2024, and June 14, 2024, respectively. With an average price target of $145 between JP Morgan, Morgan Stanley, and Vertical Research, there's an implied 8.27% upside for Ryder System Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Feb
2
Apr
1
Jun
2
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Morgan Stanley
Vertical Research
Goldman Sachs
Wells Fargo

1calculated from analyst ratings

Analyst Ratings for Ryder System

Buy NowGet Alert
07/09/2024Buy Now-6.66%JP Morgan
Brian Ossenbeck
$126 → $125MaintainsNeutralGet Alert
07/08/2024Buy Now—Stephens & Co.
Justin Long
—Initiates → Equal-WeightGet Alert
06/24/2024Buy Now23.21%Morgan Stanley
Christyne McGarvey
→ $165Initiates → OverweightGet Alert
06/14/2024Buy Now8.27%Vertical Research
Jeffrey Kauffman
$125 → $145UpgradeHold → BuyGet Alert
04/24/2024Buy Now-10.39%Stephens & Co.
Justin Long
$113 → $120MaintainsEqual-WeightGet Alert
04/24/2024Buy Now-5.91%JP Morgan
Brian Ossenbeck
$120 → $126MaintainsNeutralGet Alert
04/24/2024Buy Now0.81%Goldman Sachs
Jordan Alliger
$122 → $135MaintainsBuyGet Alert
02/15/2024Buy Now-10.39%Wells Fargo
Allison Poliniak
$100 → $120MaintainsEqual-WeightGet Alert
02/15/2024Buy Now-10.39%JP Morgan
Brian Ossenbeck
$117 → $120MaintainsNeutralGet Alert
02/15/2024Buy Now-15.62%Stephens & Co.
Justin Long
$110 → $113MaintainsEqual-WeightGet Alert
01/10/2024Buy Now-10.39%Vertical Research
Jeffrey Kauffman
→ $120DowngradeBuy → HoldGet Alert
12/21/2023Buy Now-12.63%JP Morgan
Brian Ossenbeck
$110 → $117MaintainsNeutralGet Alert
10/27/2023Buy Now-23.84%Stephens & Co.
Justin Long
$105 → $102MaintainsEqual-WeightGet Alert
10/11/2023Buy Now-11.89%JP Morgan
Brian Ossenbeck
$113 → $118MaintainsNeutralGet Alert
10/04/2023Buy Now—Wolfe Research
Scott Group
—DowngradeOutperform → Peer PerformGet Alert
07/31/2023Buy Now-11.89%Baird
Garrett Holland
→ $118UpgradeNeutral → OutperformGet Alert
07/27/2023Buy Now-15.62%JP Morgan
Brian Ossenbeck
$95 → $113MaintainsNeutralGet Alert
04/27/2023Buy Now-21.59%Stifel
Bert Subin
$107 → $105MaintainsHoldGet Alert
04/27/2023Buy Now-40.26%Wells Fargo
Allison Poliniak
$100 → $80MaintainsEqual-WeightGet Alert
02/16/2023Buy Now-25.33%Stephens & Co.
Justin Long
$91 → $100MaintainsEqual-WeightGet Alert
02/16/2023Buy Now-17.86%Baird
Garrett Holland
$93 → $110MaintainsNeutralGet Alert
02/16/2023Buy Now-25.33%Wells Fargo
Allison Poliniak Cusic
$81 → $100MaintainsEqual-WeightGet Alert
01/10/2023Buy Now-25.33%Wolfe Research
Scott Group
→ $100UpgradePeer Perform → OutperformGet Alert
10/27/2022Buy Now-32.05%Stephens & Co.
Justin Long
$86 → $91MaintainsEqual-WeightGet Alert
07/28/2022Buy Now-35.78%Stephens & Co.
Justin Long
$83 → $86MaintainsEqual-WeightGet Alert
06/06/2022Buy Now-32.8%Stifel
Bert Subin
$80 → $90MaintainsHoldGet Alert
06/06/2022Buy Now—Wolfe Research
Scott Group
—UpgradeUnderperform → Peer PerformGet Alert
06/06/2022Buy Now-39.52%Wells Fargo
Allison Poliniak Cusic
$68 → $81MaintainsEqual-WeightGet Alert
04/28/2022Buy Now-49.22%Wells Fargo
Allison Poliniak Cusic
$66 → $68MaintainsEqual-WeightGet Alert
04/08/2022Buy Now-46.98%JP Morgan
Brian Ossenbeck
$88 → $71MaintainsNeutralGet Alert
04/05/2022Buy Now—Wolfe Research
Scott Group
—DowngradePeer Perform → UnderperformGet Alert
02/17/2022Buy Now-34.29%Wells Fargo
Allison Poliniak Cusic
$90 → $88MaintainsEqual-WeightGet Alert
02/17/2022Buy Now-29.81%Stephens & Co.
Justin Long
$92 → $94MaintainsEqual-WeightGet Alert
01/05/2022Buy Now-32.8%Baird
Benjamin Hartford
$96 → $90DowngradeOutperform → NeutralGet Alert
10/28/2021Buy Now-32.8%Stephens & Co.
Justin Long
—MaintainsEqual-WeightGet Alert
10/28/2021Buy Now-32.8%Wells Fargo
Allison Poliniak Cusic
—MaintainsEqual-WeightGet Alert
10/14/2021Buy Now-35.78%Wells Fargo
Allison Poliniak Cusic
—MaintainsEqual-WeightGet Alert
07/29/2021Buy Now-41.76%Wells Fargo
Allison Poliniak Cusic
—MaintainsEqual-WeightGet Alert

FAQ

Q

What is the target price for Ryder System (R) stock?

A

The latest price target for Ryder System (NYSE:R) was reported by JP Morgan on July 9, 2024. The analyst firm set a price target for $125.00 expecting R to fall to within 12 months (a possible -6.66% downside). 17 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Ryder System (R)?

A

The latest analyst rating for Ryder System (NYSE:R) was provided by JP Morgan, and Ryder System maintained their neutral rating.

Q

When was the last upgrade for Ryder System (R)?

A

The last upgrade for Ryder System Inc happened on June 14, 2024 when Vertical Research raised their price target to $145. Vertical Research previously had a hold for Ryder System Inc.

Q

When was the last downgrade for Ryder System (R)?

A

The last downgrade for Ryder System Inc happened on January 10, 2024 when Vertical Research changed their price target from N/A to $120 for Ryder System Inc.

Q

When is the next analyst rating going to be posted or updated for Ryder System (R)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ryder System, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ryder System was filed on July 9, 2024 so you should expect the next rating to be made available sometime around July 9, 2025.

Q

Is the Analyst Rating Ryder System (R) correct?

A

While ratings are subjective and will change, the latest Ryder System (R) rating was a maintained with a price target of $126.00 to $125.00. The current price Ryder System (R) is trading at is $133.92, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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