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How to Buy Ryder System Stock

Ryder System Inc

Ryder System is a rental & leasing service company located in Florida, United States, which is part of the Industrials sector, and is traded under the ticker R on the NYSE exchange.

Ryder System stock last closed at $134.66, down 0.83% from the previous day, and has increased 51.73% in one year. It has overperformed other stocks in the Rental & Leasing Services industry by 0.3 percentage points. Ryder System stock is currently +49.27% from its 52-week low of $90.22, and -1.28% from its 52-week high of $136.41.

There are currently 43.83M R shares outstanding. The market value of R is $5.90B. In the past 24 hours, 200,187 R shares were traded.

How to Buy Ryder System Stock

Wondering how to invest in Ryder System stock? Here's how.
  1. Figure out where to buy Ryder System stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Ryder System stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Pick your payment method and add your info.
  4. Evaluate Ryder System stock: The Ryder System ticker symbol is R. Is Ryder System stock a good investment? Should you buy shares of R? How do R's underlying business fundamentals look? Do top analysts think Ryder System is a good buy? Why has R's stock price moved recently? (Hint: Our stock research tools can help you evaluate if R is a good stock to buy).
  5. Place your R purchase: Decide if you will purchase R shares at the current market price or use a limit order to buy R shares at a given price.
  6. Get the latest news on your R investment: Create a watchlist to get live updates on your investment in Ryder System stock.

Step 1: Figure out where to buy Ryder System stock

You need an online brokerage account to access the NYSE market and buy R shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked the best brokerage, you'll need to fill out some personal details so you can invest in R today.

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Step 3: Deposit funds into your brokerage account

Now that you have filled out your info on the best stock buying app, you need to deposit funds:

Watch this video walkthrough for more details depositing funds into your new investment account.

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Step 4: Evaluate Ryder System stock

After you have selected the best place to buy Ryder System stock, it's absolutely critical to evaluate their stock prior to investing, so you truly understand the risk and upside.

Ryder System shares at a glance

R Price
$134.66
1w %
12.11%
1y %
51.73%
5y %
134.48%
P/E
17.15x
P/B
1.93x
P/S
0.49x
PEG
0.52x
Revenue
$11.93B
Earnings
$352.00M
Fore. Rev. Growth
10.32%
Fore. Earn. Growth
36.72%
Market Cap
$5.90B
Next Earnings
Jul 25, 2024
Next Dividend
Sep 20, 2024

Ryder System Due Diligence Checks

WallStreetZen was designed to help average investors do more accurate fundamental analysis in less time.

You can see all of the due diligence checks on R's stock page.

Is R stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge R's intrinsic value.

Using relative valuations methods:

  • R may be undervalued based on its P/E ratio of 17.15x, relative to Rental & Leasing Services industry P/E ratio of 18.48x
  • R could be undervalued based on its P/B ratio of 1.93x, relative to Rental & Leasing Services industry P/B ratio of 2.44x
  • R could be undervalued based on its PEG ratio of 0.52x

You can do additional valuation analysis on R's stock here.

How do R Financials look?

Passed Financial Due Diligence Checks:

  • Total R debt is lower than 5 years ago, relative to shareholder equity.
  • R has $234.00M in cash and short term investments. This is sufficient to cover its annual cash burn of $142.00M.
  • R has cash burn of 142000000. It has sufficient cash and short-term investments to cover this for at least one year.

Failed Financial Due Diligence Checks:

  • There are more long-term liabilities than short-term assets on the R balance sheet.
  • R profit margin has gone down from 6.9% to 3% in the past year.
  • R has a relatively high debt to equity ratio of 4.38.
  • There are more short-term liabilities than short-term assets on the R balance sheet.

Is it a good time to buy Ryder System stock, according to analysts?

Out of 6 Wall Street analysts who give ratings on R, the consensus analyst rating on R is a Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

Latest R Analyst Ratings

Allison Poliniak Cusic, a top 6% analyst from Wells Fargo maintains R with a hold rating and raises their R price target from $100.00 to $120.00, on Feb 15, 2024.

You can dig deeper into what analysts are saying on the Ryder System stock forecast page.

Metrics for Advanced R Traders

SMA10
125.94
SMA20
124.31
SMA50
123.29
SMA100
119.73
SMA200
113.95
MACD
2.66
MACD Signal
1.17
MACD Histogram
1.5
RSI
69.13
Stochastic %K
95.14
Stochastic %D
92.82
StochRSI %K
97.21
StochRSI %D
97.2

R Growth Numbers

Last year, R earnings were $352.00M. In the past 5 year, R's earnings have gone up by 7.1% per year. This was slower than the Rental & Leasing Services industry average of 16.1%.

Last year, R revenue was $11.93B. Over the last five year, R's revenue has grown by 6.54% per year. This was slower than the Rental & Leasing Services industry average of 12.79%.

You can research R's earnings and revenue performance here.

Are R insiders buying or selling the stock?

In the past year, executives and large shareholders at R have sold more shares than they have bought.

Karen M. Jones, EVP Chief Marketing Officer of R, was the latest R insider to sell. They sold $96,710.96 worth of R shares on May 23, 2024.

Learn more about who owns R stock here.

Can I get consistent income from R stock?

Ryder System pays a dividend of 2.11%, compared to the Rental & Leasing Services industry's average dividend yield of 2.04%. If you owned $1,000 of R stock, you would have been paid $21.09 in the past year.

Ryder System dividend payments have consistently grown over the past decade and have remained stable.

Find more info about Ryder System dividend yield and history here.

Get opinions from other investors

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your R purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price limit, use a limit order.

Press the Open button and eToro will place the order.

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Step 6: Get the latest news on your R investment

Now that you own some shares in R, you'll want to keep up with your new investment.

Add R to a watchlist to get notified of important updates regarding your R stock.

R Feed

How to Buy Stock in Ryder System

To reiterate, here are the 6 steps to buy stock in Ryder System:

  1. Figure out where to buy Ryder System stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Ryder System stock
  5. Place your R purchase
  6. Get the latest news on your R investment

If you are looking for a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Ryder System, create your watchlist below.

NYSE: R
$134.66-1.13 (-0.83%)
Updated Jul 17, 2024
Open eToro Account
NYSE: R
$134.66-1.13 (-0.83%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ryder System share?

As of Jul 17, 2024, it costs $134.66 to buy one share of Ryder System stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.074 shares of R.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ryder System stock?

According to 6 Wall Street analysts who monitor Ryder System, their consensus recommendation is to buy Ryder System stock.

What is the best way to buy Ryder System stock?

One way to place an order for Ryder System stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.