Ryder System Stock Z Score
R Stock | USD 118.61 2.90 2.51% |
Ryder | Z Score |
Ryder Z Score Analysis
Ryder System's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
More About Z Score | All Equity Analysis
2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0297 | 0.0245 | 0.0286 | Price To Sales Ratio | 0.33 | 0.44 | 0.34 |
Z Score | = | Sum Of | | 5 Factors |
Current Ryder System Z Score | 1.86 |
Most of Ryder System's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ryder System is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
Ryder Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Ryder System is extremely important. It helps to project a fair market value of Ryder Stock properly, considering its historical fundamentals such as Z Score. Since Ryder System's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ryder System's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ryder System's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition |
Based on the company's disclosures, Ryder System has a Z Score of 1.86. This is 54.3% lower than that of the Ground Transportation sector and 217.72% lower than that of the Industrials industry. The z score for all United States stocks is 78.67% higher than that of the company.
Ryder Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ryder System's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ryder System could also be used in its relative valuation, which is a method of valuing Ryder System by comparing valuation metrics of similar companies.Ryder System is currently under evaluation in z score category among related companies.
Ryder System Institutional Holders
Institutional Holdings refers to the ownership stake in Ryder System that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ryder System's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ryder System's value.Shares | Norges Bank | 2023-12-31 | 753.1 K | Arrowstreet Capital Limited Partnership | 2023-12-31 | 708.7 K | Geode Capital Management, Llc | 2023-12-31 | 681.9 K | Aqr Capital Management Llc | 2023-12-31 | 638.9 K | Fuller & Thaler Asset Management Inc | 2023-12-31 | 622.6 K | Fmr Inc | 2023-12-31 | 586.2 K | Goldman Sachs Group Inc | 2012-09-30 | 534.2 K | Bank Of New York Mellon Corp | 2023-12-31 | 513.7 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 483.7 K | Vanguard Group Inc | 2023-12-31 | 5.1 M | Blackrock Inc | 2023-12-31 | 4.4 M |
Ryder Fundamentals
Return On Equity | 0.14 | ||||
Return On Asset | 0.0347 | ||||
Profit Margin | 0.03 % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 13.19 B | ||||
Shares Outstanding | 44.27 M | ||||
Shares Owned By Insiders | 2.18 % | ||||
Shares Owned By Institutions | 89.48 % | ||||
Number Of Shares Shorted | 493.14 K | ||||
Price To Earning | 5.75 X | ||||
Price To Book | 1.71 X | ||||
Price To Sales | 0.45 X | ||||
Revenue | 11.78 B | ||||
Gross Profit | 2.39 B | ||||
EBITDA | 2.62 B | ||||
Net Income | 406 M | ||||
Cash And Equivalents | 267 M | ||||
Cash Per Share | 9.08 X | ||||
Total Debt | 7.11 B | ||||
Debt To Equity | 2.32 % | ||||
Current Ratio | 0.73 X | ||||
Book Value Per Share | 69.91 X | ||||
Cash Flow From Operations | 2.35 B | ||||
Short Ratio | 1.40 X | ||||
Earnings Per Share | 8.73 X | ||||
Price To Earnings To Growth | 1.22 X | ||||
Target Price | 123.75 | ||||
Number Of Employees | 47.5 K | ||||
Beta | 1.39 | ||||
Market Capitalization | 5.25 B | ||||
Total Asset | 15.78 B | ||||
Retained Earnings | 2.55 B | ||||
Working Capital | (1.38 B) | ||||
Current Asset | 1.02 B | ||||
Current Liabilities | 862.08 M | ||||
Z Score | 1.86 | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 3.66 % | ||||
Net Asset | 15.78 B | ||||
Last Dividend Paid | 2.66 |
About Ryder System Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ryder System's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ryder System using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ryder System based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Ryder System, Inc. operates as a logistics and transportation company worldwide. Ryder System, Inc. was founded in 1933 and is headquartered in Miami, Florida. Ryder System operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. It employs 42800 people.
Currently Active Assets on Macroaxis
When determining whether Ryder System is a strong investment it is important to analyze Ryder System's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ryder System's future performance. For an informed investment choice regarding Ryder Stock, refer to the following important reports:Check out Ryder System Piotroski F Score and Ryder System Valuation analysis. To learn how to invest in Ryder Stock, please use our How to Invest in Ryder System guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Ryder Stock analysis
When running Ryder System's price analysis, check to measure Ryder System's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ryder System is operating at the current time. Most of Ryder System's value examination focuses on studying past and present price action to predict the probability of Ryder System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryder System's price. Additionally, you may evaluate how the addition of Ryder System to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is Ryder System's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ryder System. If investors know Ryder will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ryder System listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Dividend Share 2.66 | Earnings Share 8.73 | Revenue Per Share 259.635 | Quarterly Revenue Growth (0.02) |
The market value of Ryder System is measured differently than its book value, which is the value of Ryder that is recorded on the company's balance sheet. Investors also form their own opinion of Ryder System's value that differs from its market value or its book value, called intrinsic value, which is Ryder System's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ryder System's market value can be influenced by many factors that don't directly affect Ryder System's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ryder System's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryder System is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryder System's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.