Ryder System, Inc. (R) EPS Estimated At $0.93

July 18, 2017 - By Linda Rogers

 Ryder System, Inc. (R) EPS Estimated At $0.93
Investors sentiment increased to 1.11 in 2016 Q4. Its up 0.11, from 1 in 2016Q3. It improved, as 32 investors sold Ryder System, Inc. shares while 110 reduced holdings. 56 funds opened positions while 101 raised stakes. 48.75 million shares or 1.24% more from 48.15 million shares in 2016Q3 were reported.
Pnc Fincl Group accumulated 12,773 shares. Parkside Fin Savings Bank reported 18 shares. Tower Cap Limited Liability (Trc) owns 0.01% invested in Ryder System, Inc. (NYSE:R) for 839 shares. Kalmar Investments Inc De invested in 85,970 shares. Ontario Teachers Pension Plan Board stated it has 0% in Ryder System, Inc. (NYSE:R). Blackrock Institutional Trust Co Na has 0.02% invested in Ryder System, Inc. (NYSE:R). Gam Holdg Ag reported 0.01% stake. 12,392 were reported by Eaton Vance Management. Scotia Capital reported 149,124 shares. Louisiana State Employees Retirement Systems invested in 3,400 shares or 0.01% of the stock. Meag Munich Ergo Kapitalanlagegesellschaft Mbh stated it has 132,732 shares. Bank Of America De holds 0.01% or 863,337 shares in its portfolio. State Of New Jersey Common Pension Fund D holds 0.01% or 30,000 shares in its portfolio. Massachusetts-based Liberty Mutual Group Asset Management has invested 0.01% in Ryder System, Inc. (NYSE:R). Hexavest has 1,100 shares.

Since February 8, 2017, it had 0 buys, and 3 selling transactions for $1.13 million activity. $173,828 worth of Ryder System, Inc. (NYSE:R) shares were sold by GARCIA ART A. The insider Sensing John S. sold 8,492 shares worth $653,901. Shares for $299,925 were sold by JONES KAREN M. on Wednesday, February 8.

Analysts await Ryder System, Inc. (NYSE:R) to report earnings on July, 26 before the open. They expect $0.93 earnings per share, down 40.38 % or $0.63 from last year’s $1.56 per share. R’s profit will be $49.60 million for 19.66 P/E if the $0.93 EPS becomes a reality. After $0.82 actual earnings per share reported by Ryder System, Inc. for the previous quarter, Wall Street now forecasts 13.41 % EPS growth. The stock decreased 0.57% or $0.42 during the last trading session, reaching $73.13. About 1.16 million shares traded or 4.50% up from the average. Ryder System, Inc. (NYSE:R) has declined 4.77% since July 18, 2016 and is downtrending. It has underperformed by 21.47% the S&P500.

Ryder System, Inc. (NYSE:R) Ratings Coverage

Among 8 analysts covering Ryder System Inc. (NYSE:R), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Ryder System Inc. had 17 analyst reports since August 28, 2015 according to SRatingsIntel. KeyBanc Capital Markets downgraded the stock to “Sector Weight” rating in Wednesday, September 9 report. FBR Capital maintained Ryder System, Inc. (NYSE:R) rating on Tuesday, October 13. FBR Capital has “Outperform” rating and $115 target. The firm has “Sector Perform” rating given on Thursday, January 7 by RBC Capital Markets. The company was maintained on Tuesday, October 13 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, February 3 report. The rating was maintained by S&P Research on Wednesday, October 14 with “Buy”. CLSA initiated the stock with “Buy” rating in Friday, September 30 report. The rating was maintained by RBC Capital Markets on Friday, October 23 with “Top Pick”. On Friday, August 28 the stock rating was upgraded by Raymond James to “Strong Buy”. Stifel Nicolaus maintained Ryder System, Inc. (NYSE:R) rating on Tuesday, October 13. Stifel Nicolaus has “Buy” rating and $94 target.

Ryder System, Inc. is engaged in offering transportation and supply chain management solutions. The company has market cap of $3.90 billion. The Firm operates through three divisions: Fleet Management Solutions , which provides leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to clients 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. It has a 15.86 P/E ratio. Through its FMS business, the Company provides its clients with various fleet solutions.

More important recent Ryder System, Inc. (NYSE:R) news were published by: Twst.com which released: “Ryder System Inc.: Ryder Increases Quarterly Cash Dividend” on July 14, 2017, also Prnewswire.com published article titled: “Rental & Leasing Services Stocks on Investors’ Radar — Ryder System, Red Rock …”, Seekingalpha.com published: “Consider Ryder For The Long Haul” on June 26, 2017. More interesting news about Ryder System, Inc. (NYSE:R) was released by: Nasdaq.com and their article: “Here’s Why You Should Dump Ryder System (R) Stock for Now” with publication date: June 22, 2017.

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