Ryder System, Inc. - Value Alert
Texas (August 15, 2013) Wax Ink has issued a Negative Investment Interest opinion for Ryder System, Inc. (NYSE: R) based on a recent baseline equity review which placed fair value between $41-$55.
The recent close of $59.85 is approximately 141% above the fair value buy target for the stock and approximately 17% above the fair value close target for the stock. The recent close is also 17% below analysts’ twelve-month $72.00 median price target for the stock.
The recent close represents a 46% increase in the year over year price of the stock, while for the same period earnings increased 14%.
The stock currently has a trailing twelve-month PE Ratio of 3, and a PEG Ratio of 0.2 basis estimated forward earnings growth of 14.5%.
In the past 52 weeks, share prices have moved between a high of $64.99 and a low of $38.35, placing equilibrium at $58.89.
Basis the recent close, the stock is trading 9% below the 52 week high, 36% above the 52 week low, and 2% above equilibrium. The three month average daily trading volume is approximately 551,000 shares.
Ryder System, Inc.provides transportation and supply chain management solutions.
The company's listed competitors include Con-way Inc., Penske Truck Leasing Company, L.P., and Schenker, Inc..
Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012. All prices are per share unless otherwise noted.
Wax Ink currently has no investment position in any company mentioned in this alert.
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