R Stock Summary and Trading Ideas (Ryder System | NYSE:R)

Ryder System Inc operates in three business segments: (1) Fleet Management Solutions which provides full-service leasing and leasing with flexible maintenance options, commercial rental and maintenance services of trucks, tractors and trailers to customers; (2) Supply Chain Solutions (SCS), which provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, brokerage, e-commerce, last mile, and professional services; and (3) Dedicated Transportation Solutions (DTS), which provides turnkey transportation solutions in the U.S., including dedicated vehicles, professional drivers, management, and administrative support.

Ryder System trades on the NYSE stock market under the symbol R.

As of April 24, 2024, R stock price climbed to $122.19 with 483,279 million shares trading.

R has a beta of 1.26, meaning it tends to be more sensitive to market movements. R has a correlation of 0.29 to the broad based SPY ETF.

R has a market cap of $5.36 billion. This is considered a Mid Cap stock.

Last quarter Ryder System reported $3 billion in Revenue and $2.14 earnings per share. This beat revenue expectation by $38 million and exceeded earnings estimates by $.43.

In the last 3 years, R stock traded as high as $122.94 and as low as $61.71.

The top ETF exchange traded funds that R belongs to (by Net Assets): IJH, VTI, VB, AVUV, VBR.

R has outperformed the market in the last year with a price return of +45.7% while the SPY ETF gained +24.2%. R has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.2% and +0.8%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

R support price is $119.94 and resistance is $124.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that R stock will trade within this expected range on the day.