Stock Review: Zooming in on Shares of Ryder System, Inc. (NYSE:R)

Monitoring recent stock price movement on shares of Ryder System, Inc. (NYSE:R) we have recorded the stock price at $54.39. Investors may be intently tracking price activity on the stock over the next few sessions, and looking for any signs of a possible shift in momentum. Let’s focus in on some historical trading information. Over the last 12 week period, the stock has moved -17.05%. Rewinding to the start of the year, we note that shares have seen a change of 12.96%. Over the past 4 weeks, shares have seen a change of -4.53%. Over the last 5 trading periods, the stock has moved -2.46%. Focusing on the important historic stock price levels can help keep the investors directed down the right path. After a recent check, we can see that the 52-week high is currently 79.01, and the 52-week low is presently 45.15.

Investors are often faced with difficult decisions when trading the equity market. Sometimes, the decision to sell a certain stock may be just as important as the decision to buy the stock in the first place. Individual investors may have done the research, had some good fortune, and are now dealing with a big winner in the portfolio. Even though a stock has had a big run, it may be time to unload and take some profits. Holding on to a winner too long can eat into profits that may have been better spent getting into another promising name. On the flip side, investors may have trouble letting go of an underperforming portfolio loser. The emotional attachment to a stock can cause the investor to hold onto a stock for way too long. Maybe the stock was thoroughly researched, but it just keeps going lower. Being able to cut the ties instead of waiting for a bounce back may be beneficial for portfolio health in the long run.    

Looking at some analyst views on shares of Ryder System, Inc. (NYSE:R), we note that the consensus target price is resting at $72.3. This is the consensus target using estimates provided by the covering analysts polled. Sell-side analysts often produce target estimates for the companies that they track closely. Price target estimates can be calculated using various methods, and this may cause some analyst estimates to be drastically different than others. Many investors will track stock target prices, especially when analysts update the target price projections.

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Investors might be paying attention to what Wall Street analysts think about shares of Ryder System, Inc. (NYSE:R). Taking a peek at the current consensus broker rating, we can see that the ABR is 1.91. This average rating is provided by Zacks Research. This simplified numeric scale spans the range of one to five which translates brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 indicates a Hold and 4-5 represents a consensus Sell rating. In terms of the number of analysts that have the stock rated as a Buy or Strong Buy, we can see that the number is currently 7.

Shifting the focus to some earnings data, we have noted that the current quarter EPS consensus estimate for Ryder System, Inc. (NYSE:R) is 1.76. This EPS estimate consists of 8 Wall Street analysts taken into consideration by Zacks Research. For the previous reporting period, the company posted a quarterly EPS of 1.11. Sell-side analysts often provide their best researched estimates at what the company will report. These estimates hold a lot of weight on Wall Street and the investing community. Sometimes these analyst projections are spot on, and other times they are off. When a company reports actual earnings results, the surprise factor can cause a stock price to fluctuate. Investors will often pay added attention to a company that has beaten estimates by a large margin.

Successful traders are generally adept at figuring out which publically traded stocks are worth purchasing, and which ones are best left alone. Traders looking to buy shares will typically have an attack plan. They will look at all the outstanding factors to analyze what stocks are ripe for buying, and then calculate the best possible entry point. Traders will often be on their toes at all times, but especially when the market takes a bearish turn and buying opportunities are plentiful. When active traders find an opening to get in on a stock they think is about to make a move, they may try to buy up as much as they can before the price moves back outside the buying range. This buying may be seen when the stock market dips after a bearish move. Spotting these buying conditions and being able to make a timely move can help the trader take advantage of various market scenarios. Winning traders are typically ready to pounce on any opportunity they find in the stock market. 

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