Home Dividends High Dividend Yield Latest Valuation: Ryder System (NYSE: R)

Latest Valuation: Ryder System (NYSE: R)

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Ryder System is part of the industrials sector and is in the consulting and outsourcing industry. The company CEO is Robert E. Sanchez. Ryder System Inc is engaged in supply chain activities. Its services include transportation, supply chain and fleet management solutions.

Previous Intraday Trading Performance:

The R stock showed a previous change of 4.77% with an open at 51.96 and a close of 53.60. It reached an intraday high of 53.70 and a low of 51.96.

Business Wire:  Ryder Continues Leadership in Pre-Owned Commercial Vehicles Sector – Launches First-Ever North America “Drive to Savings” Event

Liquidity:

The stock has a market cap of $2.9b with 53.3m shares outstanding, of which the float is 52.3m shares. Trading volume reached 674,202 shares compared to its average volume of 533,859 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Ryder System shares returned 0.98% and in the past 30 trading days it returned -18.06%. Over three months, it changed -13.58%. In one year it has changed -16.39% and within that year its 52-week high was 79.95 and its 52-week low was 44.80. R stock is 19.64% above its 52 Week Low.

Our calculations show a 200 day moving average of 60.73 and a 50 day moving average of 60.53. Currently R stock is trading -11.74% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  Ryder Continues Leadership in Pre-Owned Commercial Vehicles Sector – Launches First-Ever North America “Drive to Savings” Event

Earnings:

The last annual fiscal EPS for the company was reported at 5.24 that ended on 31st of December 2018, which according to the previous close, that is a PE of 10.23. Based on 7 analyst estimates, the consensus EPS for the next quarter is 1.00. The TTM EPS is 5.79, which comes to a TTM PE of 9.26. Historically, the PE high was 24.50 and the PE low was 3.00. If the stock reached its PE low, that would represent a price of 17.37, which is a decrease of -67.60%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/30/2019): 0.86
4thQtr of 2018 (Reported on 02/14/2019): 2.05
3rdQtr of 2018 (Reported on 10/26/2018): 1.68
2ndQtr of 2018 (Reported on 07/25/2018): 0.80
1stQtr of 2018 (Reported on 04/24/2018): 0.70

The dividend per share is currently 2.16, which is a dividend yield of 4.03%. Also, the payout ratio is 37.31%, therefore the dividend is safe according to our calculations. R stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.

Indicators to Watch:

Short-interest was 2,859,024, which was 5.36% of shares outstanding. The short-interest ratio or days-to-cover ratio was 5.97. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.78.

SeekingAlpha:  Douglas Emmett reports Q1 results

Fundamental Indicators:

Based on last reported financials, the company’s return on assets is 2.29%, profit margin is 3.30%, price-to-sales is 0.31 and price-to-book is 1.06.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 1  :Past Performance Score
 2  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 2  :Overall Score

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Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.