Ryder System, Inc. (NYSE:R) registered a -7.75% decrease, still its new closing price is 49.10% up from the company’s 1 year high of 85.42.It posted -7.14% losses in previous 5 sessions and is now the subject of 5 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 4 buy or better ratings. The 11 stock analysts following this company have an average price target at $80.00, with individual PT in the $74.00-$85.00 range. The shares moved at $71.81, implying that brokerage firms see shares gaining about 41.84% in twelve months time.
Ryder System, Inc. (R) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -3.53% fall year to date. A President, Global FMS at Ryder System, Inc. (R) offloaded shares in a transaction closed on Monday November 14, 2016. Cooke Dennis C sold 6,000 shares in the company at $79.27 each and collected $475,001 in proceeds. Cooke Dennis C now owns 11,850 shares in the company after this transaction. A EVP Chief Sales Officer in the company, Gleason John J, disclosed a transaction on Friday November 11, 2016 that ended up generating $77,000 from the sale of 978 shares at $79.15 per share.
Ryder System, Inc. (NYSE:R) Upcoming Results on Tap
Ryder System, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $1.53 in that period. Sales during the quarter are predicted to arrive at $1.7 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.72 billion in revenue and EPS of $1.67. The mean forecast was for $1.7 billion and $1.66 a share, respectively. One quarter earlier, revenue for the stock was at $1.7 billion, with earnings at $1.56/share.
Ryder System, Inc. (R) Brokerage Update
Ryder System, Inc. (R) is in Stifel’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Stifel, according to news reported on Tuesday November 15, 2016.Another important research note was issued by RBC Capital Mkts on Thursday January 07, 2016.The firm downgraded R to Sector Perform from Top Pick. Over the last six months and over the last three months, the shares of Ryder System, Inc. (R), have changed 14.34% and 4.32%, respectively.