Ryder System, Inc. (R) Trading at $68.81 Forms Head & Shoulders Chart Pattern

May 16, 2018 - By Rebecca Betts

Ryder System, Inc. (NYSE:R) Corporate Logo

Big Money Sentiment increased to 1.19 in 2017 Q4. It has change of 0.17, from 2017Q3’s 1.02. The ratio improved due to Ryder System, Inc. positioning: 31 sold and 82 reduced. 50 funds took positions and 85 increased positions. Investors holded 46.48 million in 2017Q3 but now own 47.61 million shares or 2.43% more.
Nomura Holding, Japan-based fund reported 2,816 shs. Whittier Trust Com Of Nevada Inc reported 0% in Ryder System, Inc. (NYSE:R). Lord Abbett And Limited Liability Company, New Jersey-based fund reported 159,300 shs. New York State Common Retirement Fund has invested 0.02% in Ryder System, Inc. (NYSE:R). Alpha Windward invested in 0.03% or 497 shs. Commonwealth Comml Bank Of holds 0.01% or 13,478 shs. Stratos Wealth Prns Ltd holds 0.02% or 4,892 shs. Tarbox Family Office has invested 0% in Ryder System, Inc. (NYSE:R). Tower Capital Llc (Trc) accumulated 1,048 shs. Meeder Asset holds 24,837 shs or 0.18% of its capital. Carret Asset Management Ltd Liability Corporation holds 0.05% or 3,758 shs. Arizona State Retirement System accumulated 38,110 shs. Hbk Invests Lp reported 0.01% in Ryder System, Inc. (NYSE:R). California State Teachers Retirement holds 0.02% or 91,655 shs. Guggenheim Lc has invested 0.01% of its capital in Ryder System, Inc. (NYSE:R).

Ryder System, Inc. registered $338,745 net activity with 0 insider buys and 3 sales since May 4, 2018. Shares for $135,179 were sold by Nieto Luis P Jr. 1,990 Ryder System, Inc. (NYSE:R) shs with value of $135,977 were sold by BERRA JOHN M.

With $66.75 [Target] Ryder System, Inc. (R) formed a Head and Shoulderstechnical setup. That’s 3.00 % below today’s $68.81 share price. $3.65 billion MC has the stock. Faxor.com announced the Head and Shoulders technical setup on May, 16. At $66.75 Target, the company’s valuation could be $109.59 million less.

R is reaching $68.81 during the last trading session, after increased 0.70%.Ryder System, Inc. has volume of 164,945 shares. Since May 16, 2017 R has declined 3.54% and is downtrending. R underperformed by 15.09% the S&P500.

Investors expect Ryder System, Inc. (NYSE:R)’s quarterly earnings on July, 25., RTT reports. Analysts expect change of 27.00 % or $0.27 from previous year’s $1 EPS compared to current’s $1.27 EPS. R’s profit could reach $67.42 million if the current EPS of $1.27 is accurate. 39.56 % EPS growth is what analysts predict. $0.91 EPS was reported for previous quarter.

Ryder System, Inc. (NYSE:R) Ratings Coverage

A total of 8 analysts rate Ryder System (NYSE:R) as follows: 3 “Buy”, 4 “Hold” and 1 “Sell”. Тherefore 38% are bullish. The firm has $95.0 highest and $6500 lowest target. The avg target $78.86 is 14.61% above the last ($68.81) price. (NYSE:R) has 12 ratings reports on May 16, 2018 according to StockzIntelligence. On Tuesday, April 24 the rating was maintained by Robert W. Baird with “Buy”. On Tuesday, April 10 the rating was initiated by Goldman Sachs with “Hold”. On Thursday, April 5 J.P. Morgan downgraded the shares of R in report to “Sell” rating. On Friday, February 16 the stock of Ryder System, Inc. (NYSE:R) earned “Buy” rating by Robert W. Baird. On Thursday, January 18 the firm has “Hold” rating by Stifel Nicolaus given. The company rating was maintained by Stifel Nicolaus on Tuesday, April 24. On Tuesday, April 10 Robert W. Baird maintained Ryder System, Inc. (NYSE:R) rating. Robert W. Baird has “Buy” rating and $8400 target. On Thursday, February 22 Seaport Global maintained Ryder System, Inc. (NYSE:R) with “Hold” rating. On Tuesday, February 20 the firm earned “Buy” rating by Buckingham Research. On Tuesday, February 20 the stock has “Neutral” rating by JP Morgan.

A couple more Ryder System, Inc. (NYSE:R) news were published by: Businesswire.com which released on May 15, 2018 “CORRECTING and REPLACING Ryder Chairman & CEO to Address Wolfe Research Global Transportation Conference”, also Seekingalpha.com on April 30, 2018 published “Ryder System – Good Dividend, Bad Industry”, the next Seekingalpha.com is “Ryder System’s (R) CEO Robert Sanchez on Q1 2018 Results – Earnings Call Transcript” on April 24, 2018. Seekingalpha.com has article titled “Ryder scraps back after ‘brutal’ tape”.

Ryder System, Inc. (NYSE:R) Institutional Investors Chart

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