Stock To Watch: Ryder System, Inc. (NYSE:R)


The leading market experts have placed a mean price target of $78.00 on Ryder System, Inc. (NYSE:R) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.60 a share for the upcoming quarter and $5.97 for the current fiscal.

Technical View

The technical analysis of Ryder System, Inc. Common Stock plainly substantiates that the 50-day moving average of Ryder System, Inc. Common Stock is $65.82, and stock is trading $1.95 points away or +2.97% from its 50-day moving average of $65.82. Further it is trading $2.72 or +4.19% away its 200-day moving average of $65.05. Ryder System, Inc. (NYSE:R) 52-week high is $85.08 and the 52-week low is $45.12.

This explains if the stock moves $-17.31, it will post a 52-week high. In event of +50.20% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Ryder System, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Ryder System, Inc. (NYSE:R) ratio came in at 12.24.

The stock last ended the trading session at $67.77 and registered a market cap of $3.62B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Ryder System, Inc. (NYSE:R) PEG ratio is at 0.76.

1 Chart Pattern Every Investor Should Know

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