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Ryder Beats Already-Strong Q2 Estimates, Could Be On Acquisition Hunt
Thursday, July 29, 2021 - 10:49am | 1033Read More...Ryder System (NYSE: R) was set to have a significantly better second quarter in 2021 than 2020 when it posted a big loss on the back of a drop in revenue because of COVID-19 and write-downs connected to the value of its used truck fleet. But the company blew away projections with a non-GAAP Q2...
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Ryder Chooses Trucker Tools Technology For Its Brokerage Division
Tuesday, July 21, 2020 - 1:18pm | 806Read More...Ryder System (NYSE: R) is adding the technology platform from Trucker Tools to its brokerage division to help support carrier engagement and digital process automation. "This engagement fully aligns with our strategy of engaging innovative, forward-thinking technology partners that can further...
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Early Adopters See Great Potential In Nikola Hydrogen-Electric Truck
Monday, April 22, 2019 - 11:22am | 852Read More...The first announcement of the Nikola Motor hydrogen-electric truck brought out a heavy-hitter when it came to an initial fleet interested in trying this new tractor design. U.S. Xpress Enterprises (NYSE: USX) committed early to testing the vehicle. Many of the first images of the truck...
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Barron's Recap: Cues from Cooperman
Sunday, May 19, 2013 - 11:19am | 861Read More...This weekend in Barron's online: a profile of a Wall Street titan, a tribute to a former Barron's editor and columnist, and the prospects for Ryder System, Tencent and ING U.S. Cover Story "Cues from Cooperman" by Lawrence C. Strauss. This article says that Leon Cooperman, chairman and CEO of...
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 9:40am | 1439Read More...The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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UPDATE: KeyBanc Upgrades Ryder System to Buy
Monday, June 13, 2011 - 8:56am | 134Read More...KeyBanc is out with its report today on Ryder Systems (NYSE: R), upgrading R from Hold to Buy. In a note to clients, KeyBanc writes, "We are upgrading shares of Ryder System, Inc. (R-NYSE) to BUY from HOLD and establishing a $63 price target based on our view that: 1) current fleet dynamics and...
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Piper Jaffray Reiterates Neutral on Ryder System, Raises PT to $53
Friday, June 10, 2011 - 8:56am | 96Read More...Piper Jaffray reiterated its Neutral rating on Ryder System (NYSE: R). At the same time, Piper Jaffray raised its price target on the company's stock from $52 to $53. In a research report published today, Piper Jaffray states, "R is putting incremental capital to work levering its balance sheet...
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Piper Jaffray Raises PT On Ryder System To $53
Friday, June 10, 2011 - 6:02am | 27Read More...Piper Jaffray has raised the price target on Ryder System (NYSE: R) from $52 to $53 and maintains its Neutral rating.
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Jefferies Maintains Buy on Ryder System (R)
Friday, May 13, 2011 - 9:37am | 65Read More...Jefferies is out with its report today on Ryder System (NYSE: R), maintaining Buy. In a note to clients, Jefferies writes, "We hosted management meetings with Ryder. With earnings 50% below past-peak and late-cycle fundamentals just starting to turn, we say: BUY RYDER." At the time of posting,...
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UPDATE: Jefferies Raises PT on Ryder System to $64 (R)
Wednesday, April 27, 2011 - 9:50am | 83Read More...Jefferies is out with its report today on Ryder System (NYSE: R), raising its PT from $58 to $64. In a note to clients, Jefferies writes, "Our upwardly revised year-end 2011e target price of $64/sh is based on an unchanged yearend 2011e target P/E of 17.0x our upwardly revised 2012e estimate. Our...
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Jefferies Raises PT On Ryder To $64
Wednesday, April 27, 2011 - 7:09am | 27Read More...Jefferies & Company has raised the price target on Ryder System (NYSE: R) from $58 to $64 and maintains its Buy rating.
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Stifel Nicolaus Upgrades Ryder System to Buy (R)
Tuesday, April 5, 2011 - 8:55am | 95Read More...Stifel Nicolaus is out with its report today on Ryder System (NYSE: R), upgrading shares of R from Hold to Buy. In a note to clients, Stifel Nicolaus writes, "We are upgrading the shares of Ryder System from Hold to Buy based on 1) the trend to outsourcing of private fleets we see continuing, 2)...
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Jefferies Initiates R At Hold, $51 PT
Friday, January 7, 2011 - 9:23am | 23Read More...Jefferies is initiating coverage of Ryder System (NYSE: R) with a Hold rating; $51 price target.
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Piper Jaffray's Freight Update: Week 41
Friday, October 22, 2010 - 8:04am | 353Read More...Piper Jaffray has published a Freight Update report from week 41 on Intermodal Volume. In the report, Piper Jaffray writes "We believe broader Freight market fundamentals continue to improve thus far in 4Q10 albeit volume growth rates are moderating due to tougher comparisons and some market demand...
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Ryder System (R) To Buy Back Up To $100 Million In Shares
Wednesday, February 10, 2010 - 8:01pm | 111Read More...Ryder System, Inc. (NYSE: R) announced late Wednesday that the company would buy back up to an additional $100 million of its shares. The $100 million repurchasing program would acquire approximately 5.6% of the transportation and supply chain management company's shares and would be in addition to...
