Ryder System provides commercial fleet management and supply chain solutions to small businesses and large enterprises worldwide. The company operates in two segments: Fleet Management Solutions and Supply Chain Solutions. The Fleet Management Solutions segment provides service leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers in the United States, Canada and the United Kingdom. The Supply Chain Solutions segment provides supply chain solutions, including distribution and transportation services in North America and Asia. The company was founded in 1933 and is based in Miami, Florida.
R Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for R, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Ryder System Inc ranked in the 69th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Ryder System Inc ended up being:
25% of the company's capital comes from equity, which is greater than just 10.09% of stocks in our cash flow based forecasting set.
Ryder System Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.66. This coverage rate is greater than that of just 22.13% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 16. This value is greater than 94.89% stocks in the Industrials sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
MTZ, LXFR, TIKK, NAV, and AYI can be thought of as valuation peers to R, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, today provided details regarding its earnings conference call scheduled for October 28, 2020 at 11:00 a.m. Eastern Time. During the call, management will review third quarter results. The call will be webcast over the internet. What: Ryder System, Inc. Third Quarter 2020 Earnings Conference Call Who: Chairman and Chief Executive Officer Robert Sa
Since I wrote my bullish piece on Ryder Systems Inc. (R), the shares have returned about 47% against a gain of 15.5% for the S&P 500. The company has released financial statements since then, obviously, so I thought I’d check in on the name again to see if it’s worth...
Patrick Doyle on Seeking Alpha | September 29, 2020
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) Executive Vice President and Chief Financial Officer Scott Parker will present a company update at the Morgan Stanley Virtual 8th Annual Laguna Conference. Who: Ryder System, Inc. Executive Vice President and Chief Financial Officer Scott Parker What: Morgan Stanley Virtual 8th Annual Laguna Conference When: Thursday, September 17, 2020 Time: 10:30 a.m. Eastern Standard Time Webcast: To access the live webcast, visit http://investors.
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) Chairman & Chief Executive Officer Robert Sanchez will present a company update at the RBC Capital Markets Global Industrials Virtual Conference. Who: Ryder System, Inc. Chairman & Chief Executive Officer Robert Sanchez What: RBC Capital Markets Global Industrials Virtual Conference When: Tuesday, September 15, 2020 Time: 10 a.m. Eastern Daylight Time Webcast: To access the live webcast, visit http://investors.ryder.co