Ryder System (NYSE:R) Getting Somewhat Positive Press Coverage, InfoTrie Reports

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News articles about Ryder System (NYSE:R) have trended somewhat positive on Sunday, according to InfoTrie. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ryder System earned a media sentiment score of 0.72 on their scale. InfoTrie also gave news coverage about the transportation company an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the near future.

These are some of the media headlines that may have effected Ryder System’s ranking:

Shares of R stock opened at $31.10 on Friday. Ryder System has a 1 year low of $22.62 and a 1 year high of $60.55. The company has a debt-to-equity ratio of 3.26, a current ratio of 0.85 and a quick ratio of 0.82. The stock’s 50 day simple moving average is $29.94 and its two-hundred day simple moving average is $42.46. The company has a market cap of $1.68 billion, a PE ratio of -9.04 and a beta of 2.06.

Ryder System (NYSE:R) last issued its quarterly earnings data on Wednesday, April 29th. The transportation company reported ($1.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.85) by ($0.53). Ryder System had a negative net margin of 2.01% and a positive return on equity of 5.32%. The company had revenue of $2.16 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter last year, the company earned $1.11 earnings per share. The company’s revenue for the quarter was down .9% on a year-over-year basis. Equities research analysts expect that Ryder System will post -0.84 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, May 18th will be issued a $0.56 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.24 annualized dividend and a dividend yield of 7.20%. Ryder System’s payout ratio is 45.16%.

A number of research analysts have issued reports on the company. Stephens lowered their price objective on Ryder System from $50.00 to $47.00 and set an “equal weight” rating for the company in a research note on Friday, February 14th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $42.00 price target (down previously from $49.00) on shares of Ryder System in a report on Friday, February 14th. ValuEngine raised Ryder System from a “sell” rating to a “hold” rating in a report on Thursday, April 9th. Wolfe Research lowered Ryder System from an “outperform” rating to a “market perform” rating in a research note on Friday, March 27th. Finally, Cfra dropped their price objective on Ryder System from $57.00 to $50.00 and set a “hold” rating for the company in a research note on Friday, February 14th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. Ryder System has a consensus rating of “Hold” and a consensus target price of $51.57.

In related news, CMO Karen M. Jones sold 1,413 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $34.80, for a total value of $49,172.40. Following the transaction, the chief marketing officer now owns 6,246 shares of the company’s stock, valued at $217,360.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director E Follin Smith sold 2,193 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $34.20, for a total value of $75,000.60. Following the completion of the transaction, the director now directly owns 34,624 shares in the company, valued at approximately $1,184,140.80. The disclosure for this sale can be found here. Over the last quarter, insiders bought 25,750 shares of company stock worth $941,055 and sold 7,755 shares worth $259,223. Corporate insiders own 2.60% of the company’s stock.

About Ryder System

Ryder System, Inc provides transportation and supply chain management solutions worldwide. The company operates through three segments: Fleet Management Solutions (FMS), Dedicated Transportation Solutions (DTS), and Supply Chain Solutions (SCS). The FMS segment offers full service leasing and leasing with flexible maintenance options, as well as maintenance services, supplies, and related equipment for operation of the vehicles; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers, as well as fleet support services.

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