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 $124.71, up 1.89% from the previous day, and has increased 55.15% in one year. It has overperformed other stocks in the Rental & Leasing Services industry by 0.2 percentage points. Ryder System stock is currently +60.71% from its 52-week low of $77.60, and -1.05% from its 52-week high of $126.04.
There are currently 43.83M R shares outstanding. The market value of R is $5.47B. In the past 24 hours, 194,581 R shares were traded.
How to Buy Ryder System Stock
Wondering how to invest in Ryder System stock? Here's how.
- 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.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your payment method and add your info.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to global financial markets: From Tech to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 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.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start your new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
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.
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
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 15.89x, relative to Rental & Leasing Services industry P/E ratio of 16.19x
- R could be undervalued based on its P/B ratio of 1.78x, relative to Rental & Leasing Services industry P/B ratio of 2.25x
- R could be overvalued based on its PEG ratio of 3.07x
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 5 Wall Street analysts who give ratings on R, the consensus analyst rating on R is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Ryder System stock forecast page.
R Technicals
R Performance Metrics
Last year, R earnings were $352.00M. Over the last 5 year, R's earnings have grown by 7.1% per year. This was slower than the Rental & Leasing Services industry average of 16.97%.
Last year, R revenue was $11.93B. In the last five year, R's revenue has increased by 6.54% per year. This was slower than the Rental & Leasing Services industry average of 12.7%.
You can analyze R's earnings and revenue performance here.
What are R executives and large shareholders up to?
Over the past 12 months, insiders at R have sold more shares than they have bought.
Thomas M. Havens, President Global FMS of R, was the latest R insider to sell. They sold $116,841.04 worth of R shares on Apr 25, 2024.
Dig into more about who owns R stock here.
Can I get consistent income from R stock?
Ryder System pays a dividend of 2.21%, compared to the Rental & Leasing Services industry's average dividend yield of 2.46%. If you owned $1,000 worth of R stock, you would have received $22.05 in the past year.
Ryder System dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Ryder System dividend yield and history here.
R Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your R purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you require additional help with buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your R investment
Now that you own some R stock, you'll want to stay up-to-date on your new investment.
Make a watchlist to monitor your R stock.
R Feed
How to Buy Stock in Ryder System
To summarize, here are the 6 steps to buy stock in Ryder System:
- Figure out where to buy Ryder System stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Evaluate Ryder System stock
- Place your R purchase
- Get the latest news on your R investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Ryder System, create a watchlist today.
More Articles You May Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.