Ryder System, Inc. (R) Hits Fresh High: Is There Still Room to Run?

Company Performance - Ryder's shares have increased by 13.6% over the past month, reaching a new 52-week high of $218.36 [1] - Year-to-date, Ryder has gained 13.6%, outperforming the Zacks Transportation sector's 13% gain and the Zacks Transportation - Equipment and Leasing industry's 8.7% return [1] Earnings and Revenue Expectations - Ryder has consistently exceeded earnings consensus estimates for the last four quarters, reporting EPS of $3.57 against an estimate of $3.56 in the latest earnings report [2] - For the current fiscal year, Ryder is projected to earn $14.94 per share on revenues of $12.74 billion, with a year-over-year earnings growth of 14.83% [3] - In the next fiscal year, earnings are expected to rise to $17.21 per share on revenues of $13.27 billion, reflecting a 4.21% increase [3] Valuation Metrics - Ryder's stock trades at 14.6X current fiscal year EPS estimates, aligning with the peer industry average [7] - On a trailing cash flow basis, Ryder trades at 3.9X compared to the peer group's average of 5.9X, positioning it favorably for value investors [7] Zacks Rank and Style Scores - Ryder holds a Zacks Rank of 2 (Buy) due to positive earnings estimate revisions from analysts [8] - The company has a Value Score of A, a Growth Score of B, and a Momentum Score of F, resulting in a combined VGM Score of A [6][8] Industry Comparison - The Transportation - Equipment and Leasing industry is performing well, ranking in the top 10% of all industries, providing favorable conditions for both Ryder and its peer, Freightcar America, Inc. [11]