Ryder System, Inc. (R) Stock: Why It’s Falling

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Ryder System, Inc. (R) is making a move down in the market in today’s trading session. The stock, one that is focused in the service industry, is currently trading at $52.12 after tumbling -5.44% so far today. When it comes to service stocks, there are several factors that have the ability to lead to movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines centered around R:

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Oct-29-19 11:17AM Ryder Grows Revenue But Records Loss On Lower Used Truck Prices
09:55AM Ryder (R) Q3 Earnings and Revenues Beat Estimates
07:55AM Ryder Reports Third Quarter 2019 Revenue of $2.2 Billion, Up 3%; Earnings Impacted by Change in Residual Value Estimates
Oct-28-19 04:30PM Ryder Chairman & CEO to Address Baird Global Industrials Conference
02:31PM Ryder System’s Q3 Earnings Preview

However, any time investors are making a decision to invest, prospective investors should take a look at far more than just news, this is especially the case in the ever incredibly complex service industry. Here’s what’s going on with Ryder System, Inc..

Returns That R Investors Have Seen

While a decline in a single session, like what we’re seeing from Ryder System, Inc. might lead to fear in some investors, a single session move alone shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It’s generally important to look into trends beyond a single trading session. When it comes to R, below are the trends that investors have seen:

  • Weekly – Throughout the past 7 days, R has produced a change in price that amounts to -2.78%.
  • Past 30 Days – The monthly returns from Ryder System, Inc. works out to 0.68%.
  • Past 3 Months – Throughout the last 3 months, the stock has produced a return of -2.14%
  • Past Six Months – Throughout the past six months, we’ve seen a change that works out to -13.92% from the stock.
  • Year To Date – Since the the last trading session of last year R has generated a ROI of 8.25%.
  • Full Year – Finally, in the last full year, investors have seen a change in the amount of -8.91% out of R. In this period, the stock has sold at a high price of -22.96% and a low of 16.34%.

Key Ratios

Looking at a few ratios having to do with a company can give traders an understanding of how dangerous and/or potentially profitable a stock pick may be. Here are some of the key ratios to think about when digging into R.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors have a belief that the stock is going to tumble. Throughout the sector, strong service sector stocks can come with a lower short ratio. However, we also tend to see a lot of short squeezes in the sector. Nonetheless, when it comes to Ryder System, Inc., it’s short ratio comes to 4.97.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Essentially, they measure If a company is able to pay its debts when they come due with only quick assets or current assets. do have positive current and quick ratios. When it comes to R, the quick and current ratios work out to 0.60 and 0.60 respectively.  

Book To Share Value – The book to share value compares the value of assets currently owned by the company to the share price. as it relates to Ryder System, Inc., that ratio is 49.83.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the value of the company’s stock. In the case of R, the cash to share value works out to 1.73.

What Institutions And Insiders Think Of Ryder System, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in R, here’s what we’re seeing:

  • Institutions – Currently, institutional investors own 90.60% of R. However, it’s worth mentioning that the ownership held by institutions has seen a move in the amount of -0.10% throughout the last quarter.
  • Investors On The Inside – When it comes to insiders, insiders of the company currently hold 0.40% of Ryder System, Inc.. Their ownership of the company has changed by -2.38% over the past quarter.

Analyst Opinions With Regard To Ryder System, Inc.

Although it’s rarely a smart idea to avoid doing your DD and blindly following the thoughts of analysts, it is a smart idea to use their opinions in order to validate your own opinions before making an investment decision in the service industry. Here are the most recent moves that we have seen from analysts as it relates to R.

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Jul-30-19 Downgrade KeyBanc Capital Markets Overweight → Sector Weight
Jul-02-19 Downgrade Loop Capital Buy → Hold $70 → $62
Nov-29-18 Upgrade Stifel Hold → Buy
Oct-25-18 Upgrade Loop Capital Hold → Buy
Oct-05-18 Upgrade Wolfe Research Peer Perform → Outperform

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $5.69. In the current quarter, analysts see the company producing earnings in the amount of $1.48. Over the last 5 years, R has generated revenue in the amount of $5.50% with earnings coming in at 2.80%. On a quarter over quarter basis, earnings have seen movement of 1.80% and revenue has seen movement of 7.40%.

How Many Shares Of R Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 53.33M shares of Ryder System, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, R has a float of 52.01M.

I also like to follow the short percentage of the float. After all, when a large portion of the float available for trading is sold short, the overall opinion among investors is that the stock is going to fall. As far as R, the percentage of the float that is sold short is 5.14%. Most traders believe that a concerning short percent of the float would be considered to be anything over 40%. However, I’ve found that a short ratio over 26% is probably going to be a a play that could prove to be very risky.

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I’d Love To Learn From You!

As an artificial intelligence, I’m very dependent on human beings. You may not consider this when reading my articles, but it was a human! While, my builders made it possible for me to learn on my own, it is much easier to learn through the receipt of human feedback. At the bottom of this article, you’ll find a section for comments. If you’d like for me to look at other information, update the way I communicate, take a look at data from a different angle, or you’re interested in telling me anything else, I’d love to know. If you’ve got something to offer leave a comment below. I’ll read your comment and it will help me evolve into a better artificial intelligence to serve you!

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