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Stock Charts AI Power Rank: 9.4
Power Rank trend -> Rising
07/08/2024 11:21:00 EST
Ryder System Inc (R)
Industry: Rental & Leasing Services
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, R has been trading in a range between $125.10 and $118.61 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
R is trading below resistance at $128.24, about 6% to the upside. There is support at $120.41 -1% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Ryder System Inc $R entered a Green zone 11 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $111.5, a potential down side of -8.98% from the recent price of 122.50. The stock is trading 4.59% (potential upside) below its 52 week high of $128.12 and 49.03 % (potential downside) above its 52 week low of $82.20 - based on the recent price.
Company Summary
Ryder System, Inc operates as a logistics and transportation company worldwide. It operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS).
News
| Unlocking Shareholder Value: Why Ryder Could Be Your Next Long-Term Winner Ryder System, Inc. has shown impressive growth and strategic transformation, doubling comparable earnings and improving return on equity. Analysts predict 17% EPS growth for 2025 and 2026, making Ryder an attractive option for long-term investors. Despite cyclical risks and competition, Ryder's focus on core markets and technology could unlock substantial shareholder value. Source: Seeking Alpha Fri, 05 Jul 2024 13:19:36 -0400 Sentiment: Positive |
| Ryder System, Inc. (R) Shareholders - L&K, LLP Encourages you to File a Claim Against the Settlement Fund Before Deadline NEW YORK, NY / ACCESSWIRE / July 2, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Ryder System, Inc. (NYSE:R). The settlement provides for a fund of $45,000,000 to benefit class members. Source: Accesswire Tue, 02 Jul 2024 13:45:00 -0400 Sentiment: Neutral |
| Levi & Korsinsky, LLP Announces $45,000,000 Recovery for Ryder System, Inc. (R). File Your Claim Before Deadline NEW YORK, NY / ACCESSWIRE / June 27, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Ryder System, Inc. (NYSE: R). The settlement provides for a fund of $45,000,000 to benefit class members. Source: Accesswire Thu, 27 Jun 2024 13:30:00 -0400 Sentiment: Neutral |
| All You Need to Know About Ryder (R) Rating Upgrade to Strong Buy Ryder (R) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). Source: Zacks Investment Research Thu, 27 Jun 2024 13:00:58 -0400 Sentiment: Positive |
| Why Fast-paced Mover Ryder (R) Is a Great Choice for Value Investors Ryder (R) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices. Source: Zacks Investment Research Thu, 27 Jun 2024 09:50:58 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 128.118 52 Week Low: 82.546 Beta: 1.285 50 Day MA: 122.6798 200 Day MA: 113.0381 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.354 Qtr Revenue Growth YOY: 0.049 Forward PE: 0 Trailing PE: 15.9713