Ryder System Inc. (NYSE:R) has a beta of 1.98. The stock’s Relative Strength Index (RSI) is 52.53, with weekly volatility at 3.66% and ATR at 2.43. The R stock’s 52-week price range has touched low of $22.62 and a $70.23 high. Its shares traded higher over the last trading session, gaining 3.72% on 02/19/21. The shares fell to a low of $64.37 before closing at $66.35. Intraday shares traded counted 0.39 million, which was 8.3% higher than its 30-day average trading volume of 426.89K. R’s previous close was $63.97 while the outstanding shares total 52.45M.
Investors have identified the Rental & Leasing Services company Ryder System Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $3.45 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Ryder System Inc. (R) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For R, the company has in raw cash 684.25 million on their books with 1.13 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 2.03 billion total, with 2.52 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 5.63 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on R sounds very interesting.
Is the stock of R attractive?
In related news, EVP & Chief Marketing Officer, JONES KAREN M. sold 1,413 shares of the company’s stock in a transaction that recorded on May 08. The sale was performed at an average price of 34.80, for a total value of 49,172. As the sale deal closes, the Director, SMITH E FOLLIN now sold 2,193 shares of the company’s stock, valued at 74,998. Also, Director, Nieto Luis P Jr sold 4,149 shares of the company’s stock in a deal that was recorded on May 04. The shares were price at an average price of 32.55 per share, with a total market value of 135,050. Following this completion of acquisition, the Director, Eck Robert J. now holds 7,500 shares of the company’s stock, valued at 259,275. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.60%.
2 out of 8 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Ryder System Inc.. 0 analysts has assigned a Sell rating on the R stock. The 12-month mean consensus price target for the company’s shares has been set at $73.83.