Ryder System (R) Earns Coverage Optimism Score of 0.10

News stories about Ryder System (NYSE:R) have trended somewhat positive recently, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ryder System earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 44.8304041058858 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

R stock opened at $72.26 on Friday. The company has a market capitalization of $3,802.20, a price-to-earnings ratio of 15.95, a PEG ratio of 0.86 and a beta of 1.47. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.66 and a quick ratio of 0.62. Ryder System has a one year low of $62.52 and a one year high of $90.26.

Ryder System (NYSE:R) last released its earnings results on Friday, February 16th. The transportation company reported $1.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.36 by $0.01. The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Ryder System had a net margin of 10.78% and a return on equity of 10.47%. Ryder System’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.07 EPS. sell-side analysts expect that Ryder System will post 5.59 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, March 16th. Shareholders of record on Tuesday, February 20th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date was Friday, February 16th. This is a positive change from Ryder System’s previous quarterly dividend of $0.46. Ryder System’s dividend payout ratio (DPR) is 45.92%.

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

A number of brokerages have recently weighed in on R. Goldman Sachs began coverage on shares of Ryder System in a research note on Tuesday. They set a “neutral” rating and a $73.00 price objective for the company. JPMorgan Chase cut shares of Ryder System from a “neutral” rating to an “underweight” rating in a research note on Thursday, April 5th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $86.00 target price on shares of Ryder System in a research note on Thursday, January 18th. Zacks Investment Research raised shares of Ryder System from a “sell” rating to a “hold” rating in a research note on Tuesday, January 9th. Finally, Seaport Global Securities reaffirmed a “hold” rating on shares of Ryder System in a research note on Friday, February 23rd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $86.33.

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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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