Wells Fargo has initiated coverage on Ryder System Inc (R) with an Overweight rating, marking the firm's first assessment of the company. This evaluation reflects their research into Ryder's business, industry dynamics, and growth prospects.
Ryder System, based in Miami, Florida, is a logistics and transportation company providing supply chain, dedicated transportation, and fleet management solutions. The firm operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). With a market capitalization of $7.3 billion, Ryder has a P/E ratio of 14.49 and a dividend yield of 203.9%.
The company is set to report its upcoming earnings on July 22, 2026, with an estimated EPS of $3.80 and revenue of $3.2 billion. Analyst ratings and price targets can provide valuable insights, but they are based on assumptions that may not always hold true. Investors should consider a range of factors, including company fundamentals and market conditions, when making decisions.
As of December 1, 2025, the analyst consensus for Ryder System Inc stands at 5 Strong Buy, 8 Buy, and 3 Hold, reflecting a general optimism about the company’s future performance.
In a recent move, Wells Fargo's Overweight rating adds to a series of analyst actions, including Citigroup's recent initiation to Buy and Barclays maintaining its Overweight stance. Analyst ratings can change as new information becomes available, highlighting the importance of staying informed in a dynamic market.