Ryder System, Inc. (R) Forms H&S Pattern at $68.81

May 16, 2018 - By Maria Robertson

Ryder System, Inc. (NYSE:R) Corporate Logo

Big Money Sentiment increased to 1.19 in Q4 2017. It has change of 0.17, from 2017Q3’s 1.02. The ratio is positive due to Ryder System, Inc. positioning: 31 sold and 82 reduced. 50 funds took stakes and 85 increased stakes. Investors holded 46.48 million in 2017Q3 but now own 47.61 million shares or 2.43% more.
Utah Retirement Systems holds 0.02% or 9,789 shs. State Of New Jersey Common Pension Fund D holds 0.03% of its capital in Ryder System, Inc. (NYSE:R) for 82,500 shs. Moreover, Thrivent Financial For Lutherans has 0% invested in Ryder System, Inc. (NYSE:R). Oakbrook Investments Llc reported 0.02% of its capital in Ryder System, Inc. (NYSE:R). Envestnet Asset Management holds 0% or 9,132 shs. Swiss Natl Bank reported 91,138 shs stake. Advantus Mgmt has 0.01% invested in Ryder System, Inc. (NYSE:R). Eaton Vance Management holds 12,392 shs or 0% of its capital. Liberty Mutual Asset reported 0.03% in Ryder System, Inc. (NYSE:R). Cornerstone Capital Mgmt Ltd holds 0.12% of its capital in Ryder System, Inc. (NYSE:R) for 206,505 shs. Royal Commercial Bank Of Canada has 0.01% invested in Ryder System, Inc. (NYSE:R). L S has invested 0.17% in Ryder System, Inc. (NYSE:R). Texas Permanent School Fund invested in 0.04% or 35,791 shs. First Mercantile reported 3,691 shs. Bancorp Of America De has invested 0.01% of its capital in Ryder System, Inc. (NYSE:R).

Ryder System, Inc. registered $338,745 net activity with 0 insider buys and 3 insider sales since May 4, 2018. On Tuesday, May 8 1,990 shs were sold by BERRA JOHN M, worth $135,977. On Friday, May 4 the insider SMITH E FOLLIN sold $67,589.

With $66.75 [Target] Ryder System, Inc. (R) formed a Head and Shoulderstechnical setup. That’s 3.00 % below today’s $68.81 share price. $3.65 billion MC has the stock. Faxor.com announced the Head and Shoulders technical setup on May, 16. At $66.75 Target, the company’s valuation could be $109.59 million less.

The stock increased 0.70% or $0.48 during the last trading session, hitting $68.81.Ryder System, Inc. has volume of 164,945 shares. Since May 16, 2017 R has declined 3.54% and is downtrending. R underperformed by 15.09% the S&P 500.

On July, 25. Investors expect Ryder System, Inc. (NYSE:R) to report its quarterly earnings, according to RTT. Analysts have anticipation on stock’s earnings per share of $1.27. That’s up 27.00 % from last year’s $1 earnings per share. If $1.27 is reported, R’s profit will be $67.42M for 13.55 P/E. 39.56 % EPS growth is what analysts predict. $0.91 earnings per share was revealed for previous quarter.

Ryder System, Inc. (NYSE:R) Ratings Coverage

A total of 8 analysts rate Ryder System (NYSE:R) as follows: 3 “Buy”, 4 “Hold” and 1 “Sell”. Тherefore 38% are bullish. The firm has $95.0 highest and $6500 lowest target. The avg target $78.86 is 14.61% above the last ($68.81) price. (NYSE:R) has 12 ratings reports on May 16, 2018 according to StockzIntelligence. On Tuesday, February 20 KeyBanc Capital Markets maintained the shares of R in report with “Overweight” rating. On Friday, February 16 Robert W. Baird maintained Ryder System, Inc. (NYSE:R) with “Buy” rating. On Thursday, February 22 Stifel Nicolaus maintained the shares of R in report with “Hold” rating. On Thursday, January 18 the firm has “Hold” rating by Stifel Nicolaus given. On Tuesday, February 20 the firm earned “Neutral” rating by JP Morgan. On Tuesday, April 24 the rating was maintained by Stifel Nicolaus with “Hold”. On Thursday, April 5 the firm has “Sell” rating by J.P. Morgan given. On Thursday, February 22 the company was maintained by Seaport Global. On Tuesday, February 20 the firm earned “Buy” rating by Buckingham Research. The stock rating was initiated by Goldman Sachs with “Hold” on Tuesday, April 10.

A couple more Ryder System, Inc. (NYSE:R) news were published by: Businesswire.com which released on May 15, 2018 “CORRECTING and REPLACING Ryder Chairman & CEO to Address Wolfe Research Global Transportation Conference”, also Seekingalpha.com on April 24, 2018 published “Ryder System’s (R) CEO Robert Sanchez on Q1 2018 Results – Earnings Call Transcript”, the next Seekingalpha.com is “Ryder System – Good Dividend, Bad Industry” on April 30, 2018. Seekingalpha.com has article titled “Ryder scraps back after ‘brutal’ tape”.

Ryder System, Inc. (NYSE:R) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.