Ryder System (R) Stock Forecast, Price Target & Predictions
R Stock Forecast
Ryder System stock forecast is as follows: an average price target of $124.60 (represents a -9.87% downside from R’s last price of $138.24) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
R Price Target
The average price target for Ryder System (R) is $124.60 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $165.00 to $68.00. This represents a potential -9.87% downside from R's last price of $138.24.
R Analyst Ratings
According to 6 Wall Street analysts, Ryder System's rating consensus is 'Buy'. The analyst rating breakdown for R stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 2 'Hold' (33.33%), 0 'Sell' (0.00%), and 1 'Strong Sell' (16.67%).
Ryder System Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 26, 2024 | Garrett Holland | Robert W. Baird | $155.00 | $132.00 | 17.42% | 12.12% |
| Jun 24, 2024 | Christyne McGarvey | Morgan Stanley | $165.00 | $121.00 | 36.36% | 19.36% |
| Jun 14, 2024 | Jeffrey Kauffman | Vertical Research | $145.00 | $120.19 | 20.64% | 4.89% |
| Jun 17, 2022 | Bert Subin | Stifel Nicolaus | $90.00 | $71.55 | 25.79% | -34.90% |
| Apr 28, 2022 | - | Wells Fargo | $68.00 | $70.96 | -4.17% | -50.81% |
| Feb 18, 2022 | Joseph DeNardi | Stifel Nicolaus | $93.00 | $78.68 | 18.20% | -32.73% |
The latest Ryder System stock forecast, released on Jul 26, 2024 by Garrett Holland from Robert W. Baird, set a price target of $155.00, which represents a 17.42% increase from the stock price at the time of the forecast ($132.00), and a 12.12% increase from R last price ($138.24).
Ryder System Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $160.00 | $155.00 |
| Last Closing Price | $138.24 | $138.24 | $138.24 |
| Upside/Downside | -100.00% | 15.74% | 12.12% |
In the current month, the average price target of Ryder System stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ryder System's last price of $138.24. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 24, 2024 | Morgan Stanley | Underweight | Overweight | Initialise |
| Jun 14, 2024 | Vertical Research | - | Buy | Upgrade |
| Oct 27, 2023 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Jul 13, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jan 10, 2023 | Wolfe Research | - | Outperform | Upgrade |
| Apr 28, 2022 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Strong Sell | Downgrade |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Upgrade |
| Apr 26, 2022 | Zacks Investment Research | - | Buy | Upgrade |
| Apr 26, 2022 | Morgan Stanley | - | Underweight | Downgrade |
Ryder System's last stock rating was published by Morgan Stanley on Jun 24, 2024. The company Initialise its R rating from "Underweight" to "Overweight".
Ryder System Financial Forecast
Ryder System Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $2.92B | $2.88B | $3.02B | $3.18B | $3.15B | - | $2.97B | $2.60B | $2.46B | $2.38B | $2.22B | $2.21B | $2.15B | $1.90B | $2.16B | $2.28B | $2.22B | $2.24B | $2.18B | $2.26B | $2.16B |
| Avg Forecast | $3.53B | $3.48B | $3.42B | $3.36B | $3.37B | $3.29B | $3.24B | $3.10B | $2.98B | $3.01B | $3.05B | $2.99B | $3.01B | $2.99B | $2.89B | $2.57B | $2.49B | $2.37B | $2.22B | $2.14B | $2.22B | $2.01B | $1.98B | $2.12B | $2.26B | $2.22B | $2.25B | $2.14B | $2.27B | $2.16B |
| High Forecast | $3.73B | $3.68B | $3.61B | $3.55B | $3.55B | $3.38B | $3.42B | $3.27B | $3.08B | $3.23B | $3.22B | $3.15B | $3.18B | $3.16B | $2.89B | $2.63B | $2.54B | $2.42B | $2.27B | $2.19B | $2.27B | $2.05B | $2.02B | $2.16B | $2.31B | $2.27B | $2.30B | $2.19B | $2.73B | $2.59B |
| Low Forecast | $3.42B | $3.37B | $3.31B | $3.25B | $3.26B | $3.21B | $3.14B | $3.00B | $2.89B | $2.89B | $2.95B | $2.89B | $2.92B | $2.90B | $2.89B | $2.52B | $2.44B | $2.32B | $2.18B | $2.10B | $2.17B | $1.97B | $1.94B | $2.07B | $2.22B | $2.18B | $2.21B | $2.10B | $1.82B | $1.73B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 19 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.97% | 0.94% | 1.01% | 1.06% | 1.05% | - | 1.15% | 1.05% | 1.04% | 1.07% | 1.04% | 1.00% | 1.07% | 0.96% | 1.02% | 1.01% | 1.00% | 1.00% | 1.02% | 0.99% | 1.00% |
Ryder System's average Quarter revenue forecast for Dec 23 based on 2 analysts is $2.98B, with a low forecast of $2.89B, and a high forecast of $3.08B. R's average Quarter revenue forecast represents a 1.80% increase compared to the company's last Quarter revenue of $2.92B (Sep 23).
Ryder System EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 19 |
| EBITDA | - | - | - | - | - | - | - | - | - | $160.00M | $-18.00M | $241.00M | $336.00M | $388.70M | - | $318.60M | $735.47M | $692.93M | $686.42M | $600.51M | $682.66M | $604.27M | $462.36M | $514.37M | $452.35M | $588.72M | $588.33M | $548.79M | $538.93M | $515.44M |
| Avg Forecast | $332.44M | $327.92M | $321.92M | $316.26M | $316.97M | $310.02M | $305.05M | $487.66M | $280.10M | $283.08M | $287.17M | $443.33M | $283.46M | $594.46M | $271.98M | $403.03M | $474.36M | $540.42M | $427.03M | $381.47M | $768.89M | $188.91M | $584.23M | $428.35M | $949.94M | $1.59B | $579.80M | $475.99M | $541.88M | $515.44M |
| High Forecast | $350.83M | $346.07M | $339.73M | $333.76M | $334.51M | $318.25M | $321.93M | $585.20M | $289.62M | $303.49M | $303.06M | $532.00M | $299.14M | $713.36M | $271.98M | $483.63M | $569.24M | $648.51M | $512.44M | $457.76M | $922.67M | $193.15M | $701.07M | $514.02M | $1.14B | $1.91B | $695.76M | $571.19M | $650.25M | $618.53M |
| Low Forecast | $321.76M | $317.39M | $311.57M | $306.10M | $306.78M | $301.79M | $295.25M | $390.13M | $271.52M | $272.15M | $277.94M | $354.67M | $274.35M | $475.57M | $271.98M | $322.42M | $379.49M | $432.34M | $341.63M | $305.17M | $615.11M | $185.23M | $467.38M | $342.68M | $759.95M | $1.27B | $463.84M | $380.79M | $433.50M | $412.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.57% | -0.06% | 0.54% | 1.19% | 0.65% | - | 0.79% | 1.55% | 1.28% | 1.61% | 1.57% | 0.89% | 3.20% | 0.79% | 1.20% | 0.48% | 0.37% | 1.01% | 1.15% | 0.99% | 1.00% |
2 analysts predict R's average Quarter EBITDA for Dec 23 to be $280.10M, with a high of $289.62M and a low of $271.52M. This is 75.06% upper than Ryder System's previous annual EBITDA (Sep 23) of $160.00M.
Ryder System Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 19 |
| Net Income | - | - | - | - | - | - | - | - | - | $161.00M | $-18.00M | $139.00M | $206.00M | $246.00M | - | $175.60M | $181.79M | $138.05M | $149.10M | $50.83M | $25.63M | $35.83M | $-74.10M | $-109.61M | $-53.49M | $-91.45M | $75.22M | $45.32M | $108.78M | $88.75M |
| Avg Forecast | $181.88M | $167.15M | $152.35M | $119.02M | $158.39M | $153.07M | $128.14M | $111.90M | $122.41M | $143.71M | $129.12M | $101.73M | $156.06M | $118.44M | $181.31M | $92.48M | $116.78M | $107.67M | $92.76M | $32.29M | $28.87M | $186.45M | $-93.63M | $-91.28M | $-112.32M | $-247.48M | $74.12M | $39.30M | $109.38M | $88.75M |
| High Forecast | $194.96M | $179.17M | $163.31M | $127.58M | $169.78M | $157.08M | $137.36M | $134.28M | $124.64M | $158.88M | $138.40M | $122.07M | $167.29M | $142.12M | $181.31M | $110.98M | $140.13M | $129.20M | $111.31M | $38.74M | $34.64M | $223.74M | $-74.90M | $-73.03M | $-89.86M | $-197.99M | $88.95M | $47.17M | $131.25M | $106.50M |
| Low Forecast | $174.28M | $160.17M | $145.98M | $114.05M | $151.77M | $149.07M | $122.79M | $89.52M | $119.74M | $137.01M | $123.72M | $81.38M | $149.54M | $94.75M | $181.31M | $73.98M | $93.42M | $86.14M | $74.21M | $25.83M | $23.09M | $149.16M | $-112.35M | $-109.54M | $-134.78M | $-296.98M | $59.30M | $31.44M | $87.50M | $71.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.12% | -0.14% | 1.37% | 1.32% | 2.08% | - | 1.90% | 1.56% | 1.28% | 1.61% | 1.57% | 0.89% | 0.19% | 0.79% | 1.20% | 0.48% | 0.37% | 1.01% | 1.15% | 0.99% | 1.00% |
Ryder System's average Quarter net income forecast for Dec 23 is $122.41M, with a range of $119.74M to $124.64M. R's average Quarter net income forecast represents a -23.97% decrease compared to the company's last Quarter net income of $161.00M (Sep 23).
Ryder System SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 19 |
| SG&A | - | - | - | - | - | - | - | - | - | $347.00M | $343.00M | $363.00M | $362.00M | $349.60M | - | $303.20M | $287.94M | $255.59M | $269.27M | $241.73M | $279.52M | $218.38M | $209.50M | $224.12M | $233.67M | $216.04M | $226.42M | $231.32M | $217.53M | $215.51M |
| Avg Forecast | $391.73M | $386.41M | $379.33M | $372.67M | $373.51M | $365.31M | $359.46M | $193.24M | $330.05M | $333.57M | $338.39M | $175.67M | $334.01M | $219.27M | $320.49M | $159.70M | $185.71M | $199.33M | $167.52M | $153.56M | $314.82M | $1.14B | $264.72M | $186.64M | $490.71M | $584.61M | $223.13M | $200.64M | $218.71M | $215.51M |
| High Forecast | $413.41M | $407.79M | $400.32M | $393.29M | $394.17M | $375.01M | $379.35M | $231.89M | $341.28M | $357.62M | $357.11M | $210.81M | $352.49M | $263.12M | $320.49M | $191.64M | $222.86M | $239.20M | $201.02M | $184.27M | $377.79M | $1.36B | $317.66M | $223.97M | $588.85M | $701.54M | $267.76M | $240.77M | $262.46M | $258.61M |
| Low Forecast | $379.14M | $373.99M | $367.14M | $360.69M | $361.50M | $355.61M | $347.91M | $154.59M | $319.95M | $320.69M | $327.52M | $140.54M | $323.28M | $175.41M | $320.49M | $127.76M | $148.57M | $159.47M | $134.01M | $122.85M | $251.86M | $909.02M | $211.77M | $149.31M | $392.57M | $467.69M | $178.51M | $160.51M | $174.97M | $172.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.04% | 1.01% | 2.07% | 1.08% | 1.59% | - | 1.90% | 1.55% | 1.28% | 1.61% | 1.57% | 0.89% | 0.19% | 0.79% | 1.20% | 0.48% | 0.37% | 1.01% | 1.15% | 0.99% | 1.00% |
Ryder System's average Quarter SG&A projection for Dec 23 is $330.05M, based on 2 Wall Street analysts, with a range of $319.95M to $341.28M. The forecast indicates a -4.88% fall compared to R last annual SG&A of $347.00M (Sep 23).
Ryder System EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 19 |
| EPS | - | - | - | - | - | - | - | - | - | $3.51 | $-0.39 | $2.99 | $4.45 | $4.90 | - | $3.43 | $3.38 | $2.57 | $2.77 | $0.97 | $0.48 | $0.66 | $-1.38 | $-2.04 | $-1.00 | $-1.72 | $1.43 | $0.85 | $2.05 | $1.69 |
| Avg Forecast | $4.08 | $3.75 | $3.41 | $2.67 | $3.55 | $3.43 | $2.87 | $1.78 | $2.74 | $3.22 | $2.89 | $2.96 | $3.50 | $3.65 | $4.03 | $2.36 | $2.48 | $2.09 | $1.39 | $0.58 | $0.95 | $-0.32 | $-1.29 | $-0.85 | $0.03 | $1.49 | $1.40 | $1.00 | $1.84 | $1.64 |
| High Forecast | $4.37 | $4.01 | $3.66 | $2.86 | $3.80 | $3.52 | $3.08 | $1.91 | $2.79 | $3.56 | $3.10 | $3.18 | $3.75 | $3.91 | $4.03 | $2.43 | $2.55 | $2.15 | $1.43 | $0.60 | $0.98 | $-0.32 | $-1.26 | $-0.83 | $0.03 | $1.54 | $1.44 | $1.03 | $2.21 | $1.97 |
| Low Forecast | $3.90 | $3.59 | $3.27 | $2.56 | $3.40 | $3.34 | $2.75 | $1.71 | $2.68 | $3.07 | $2.77 | $2.84 | $3.35 | $3.50 | $4.03 | $2.30 | $2.42 | $2.04 | $1.36 | $0.57 | $0.93 | $-0.33 | $-1.33 | $-0.87 | $0.03 | $1.46 | $1.36 | $0.97 | $1.47 | $1.31 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.09% | -0.13% | 1.01% | 1.27% | 1.34% | - | 1.45% | 1.36% | 1.23% | 1.99% | 1.67% | 0.50% | -2.05% | 1.07% | 2.41% | -39.05% | -1.15% | 1.02% | 0.85% | 1.11% | 1.03% |
According to 2 Wall Street analysts, Ryder System's projected average Quarter EPS for Dec 23 is $2.74, with a low estimate of $2.68 and a high estimate of $2.79. This represents a -21.86% decrease compared to R previous annual EPS of $3.51 (Sep 23).
Ryder System Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ALTG | Alta Equipment Group | $6.47 | $20.00 | 209.12% | Hold |
| CTOS | Custom Truck One Source | $3.73 | $6.63 | 77.75% | Buy |
| AAN | Aaron's Company | $10.04 | $13.03 | 29.78% | Hold |
| HRI | Herc | $138.77 | $177.67 | 28.03% | Buy |
| AL | Air Lease | $43.65 | $54.00 | 23.71% | Buy |
| PRG | PROG | $46.35 | $55.00 | 18.66% | Buy |
| R | Ryder System | $138.24 | $124.60 | -9.87% | Buy |
| AER | AerCap | $93.82 | $81.33 | -13.31% | Buy |
R Forecast FAQ
Is Ryder System a good buy?
Yes, according to 6 Wall Street analysts, Ryder System (R) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 50.00% of R's total ratings.
What is R's price target?
Ryder System (R) average price target is $124.6 with a range of $68 to $165, implying a -9.87% from its last price of $138.24. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ryder System stock go up soon?
According to Wall Street analysts' prediction for R stock, the company can go down by -9.87% (from the last price of $138.24 to the average price target of $124.6), up by 19.36% based on the highest stock price target, and down by -50.81% based on the lowest stock price target.
Can Ryder System stock reach $200?
R's average twelve months analyst stock price target of $124.6 does not support the claim that Ryder System can reach $200 in the near future.
What are Ryder System's analysts' financial forecasts?
Ryder System's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $13B (high $13.63B, low $12.6B), average EBITDA is $1.42B (high $1.56B, low $1.29B), average net income is $551.51M (high $598.5M, low $513.15M), average SG&A $1.29B (high $1.38B, low $1.22B), and average EPS is $11.63 (high $12.31, low $11.2). R's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $13.8B (high $14.56B, low $13.36B), average EBITDA is $1.3B (high $1.37B, low $1.26B), average net income is $620.4M (high $665.02M, low $594.48M), average SG&A $1.53B (high $1.61B, low $1.48B), and average EPS is $13.9 (high $14.9, low $13.32).
Did the R's actual financial results beat the analysts' financial forecasts?
Based on Ryder System's last annual report (Dec 2022), the company's revenue was $12.46B, beating the average analysts forecast of $11.47B by 8.63%. Apple's EBITDA was $1.45B, missing the average prediction of $1.55B by -6.89%. The company's net income was $867M, beating the average estimation of $548.3M by 58.13%. Apple's SG&A was $1.42B, beating the average forecast of $1.03B by 36.92%. Lastly, the company's EPS was $18.73, beating the average prediction of $13.54 by 38.35%. In terms of the last quarterly report (Sep 2023), Ryder System's revenue was $2.92B, missing the average analysts' forecast of $3.01B by -2.81%. The company's EBITDA was $160M, missing the average prediction of $283.08M by -43.48%. Ryder System's net income was $161M, beating the average estimation of $143.71M by 12.03%. The company's SG&A was $347M, beating the average forecast of $333.57M by 4.03%. Lastly, the company's EPS was $3.51, beating the average prediction of $3.22 by 9.02%