Analyst’s Keeping an Eye on: Ryder System, Inc. (R)

The shares of Ryder System, Inc. (NYSE:R) currently has mean rating of 1.79 while 8 analysts have recommended the shares as “BUY”, 1 recommended as “OUTPERFORM” and 5 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.70B by 11 analysts. The means estimate of sales for the year ending Dec-16 is 6.78B by 13 analysts.

The mean price target for the shares of Ryder System, Inc. (R) is at 80.45 while the highest price target suggested by the analysts is 99.00 and low price target is 70.00. The mean price target is calculated keeping in view the consensus of 11 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Ryder System, Inc. (R) stands at 1.54 while the EPS for the current year is fixed at 6.15 by 13 analysts.

The next one year’s EPS estimate is set at 6.51 by 13 analysts while a year ago the analysts suggested the company’s EPS at 6.15. The analysts also projected the company’s long-term growth at 8.90% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, Ryder System, Inc. (R) reported earnings of $1.12. The posted earnings topped the analyst’s consensus by $0.07 with the surprise factor of 6.70%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On May 30, 2016 Ryder System, Inc. (R) announced that it has been named among the Most Valuable Employers (MVE) for Military® by CivilianJobs.com, an online recruiting solution designed to connect America’s military with civilian careers. Marking the eighth year of its publication in 2016, the MVE recognition serves to help military-experienced job seekers and veterans identify the top employers to target for civilian careers.

“At Ryder, we continue to place a tremendous focus on recruiting and retaining veterans, who are such a valuable asset to our organization,” said Patrick Pendergast, Group Director, Recruiting Services, Ryder. “Investing in military service men and women, who possess great integrity and discipline, as well as problem solving and team building skills, is part of our strategic priority to attract and develop the best people in the industry.”