Ryder System (R) Receives News Impact Score of 0.00

News headlines about Ryder System (NYSE:R) have been trending somewhat negative on Wednesday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ryder System earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave media headlines about the transportation company an impact score of 44.4882686181844 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news stories that may have effected Accern’s analysis:

Ryder System (R) traded up $0.46 during trading hours on Wednesday, reaching $88.98. The company’s stock had a trading volume of 417,568 shares, compared to its average volume of 438,918. The company has a market capitalization of $4,680.00, a PE ratio of 23.98, a PEG ratio of 1.09 and a beta of 1.51. The company has a current ratio of 1.02, a quick ratio of 0.96 and a debt-to-equity ratio of 2.39. Ryder System has a twelve month low of $62.52 and a twelve month high of $90.02.

Ryder System (NYSE:R) last issued its quarterly earnings data on Tuesday, October 24th. The transportation company reported $1.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.29 by $0.04. The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.80 billion. Ryder System had a return on equity of 10.72% and a net margin of 2.75%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.67 earnings per share. research analysts forecast that Ryder System will post 4.51 EPS for the current year.

Ryder System declared that its Board of Directors has authorized a share buyback plan on Thursday, December 14th that permits the company to buyback 1,500,000 shares. This buyback authorization permits the transportation company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

A number of research firms have commented on R. Zacks Investment Research raised Ryder System from a “sell” rating to a “hold” rating in a report on Tuesday, January 9th. ValuEngine cut Ryder System from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Robert W. Baird reissued an “outperform” rating and set a $98.00 price target (up from $84.00) on shares of Ryder System in a report on Monday, October 2nd. Buckingham Research raised their price target on Ryder System from $92.00 to $93.00 and gave the company a “buy” rating in a report on Wednesday, October 25th. Finally, JPMorgan Chase & Co. raised their price target on Ryder System from $69.00 to $82.00 and gave the company a “neutral” rating in a report on Thursday, October 12th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Ryder System presently has a consensus rating of “Buy” and a consensus price target of $86.14.

In other news, insider Dennis C. Cooke sold 32,328 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $81.46, for a total transaction of $2,633,438.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Karen M. Jones sold 4,790 shares of Ryder System stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $81.78, for a total value of $391,726.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 63,633 shares of company stock valued at $5,174,795. Company insiders own 1.95% of the company’s stock.

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Ryder System Company Profile

Ryder System, Inc is engaged in offering transportation and supply chain management solutions. The Company operates through three segments: Fleet Management Solutions (FMS), which provides leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers 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.

Insider Buying and Selling by Quarter for Ryder System (NYSE:R)

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