On Tuesday, Ryder System, Inc. (NYSE: R) was 11.94% up from the session before settling in for the closing price of $109.00. A 52-week range for R has been $76.15 – $121.58.
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A company in the Industrials sector has jumped its sales by 7.52% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -8.33%. With a float of $42.98 million, this company’s outstanding shares have now reached $43.90 million.
In an organization with 47500 employees, it is important to assess its efficiency.
Ryder System, Inc. (R) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ryder System, Inc. stocks. The insider ownership of Ryder System, Inc. is 2.91%, while institutional ownership is 88.43%. The most recent insider transaction that took place on Feb 28 ’24, was worth 877,995. In this transaction EVP & Chief Marketing Officer of this company sold 7,737 shares at a rate of $113.48, taking the stock ownership to the 12,396 shares. Before that another transaction happened on Feb 26 ’24, when Company’s EVP & CIO sold 8,800 for $114.39, making the entire transaction worth $1,006,632. This insider now owns 8,360 shares in total.
Ryder System, Inc. (R) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 12/31/2023, it has been observed that the corporation posted 2.81 earnings per share (EPS) during the time that was less than consensus figure (set at 2.96) by -0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.83 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -8.33% per share during the next fiscal year.
Ryder System, Inc. (NYSE: R) Trading Performance Indicators
You can see what Ryder System, Inc. (R) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.77, a number that is poised to hit 2.85 in the next quarter and is forecasted to reach 13.61 in one year’s time.
Technical Analysis of Ryder System, Inc. (R)
Let’s dig in a bit further. During the last 5-days, its volume was 0.4 million. That was better than the volume of 0.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 41.44%. Additionally, its Average True Range was 3.35.
During the past 100 days, Ryder System, Inc.’s (R) raw stochastic average was set at 95.49%, which indicates a significant increase from 94.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.65% in the past 14 days, which was higher than the 29.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $114.46, while its 200-day Moving Average is $106.64. However, in the short run, Ryder System, Inc.’s stock first resistance to watch stands at $126.13. Second resistance stands at $130.25. The third major resistance level sits at $137.69. If the price goes on to break the first support level at $114.57, it is likely to go to the next support level at $107.13. The third support level lies at $103.01 if the price breaches the second support level.
Ryder System, Inc. (NYSE: R) Key Stats
There are 44,227K outstanding shares of the company, which has a market capitalization of 5.40 billion. As of now, sales total 11,783 M while income totals 406,000 K. Its latest quarter income was 3,023 M while its last quarter net income were 124,000 K.
