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RYDER SYSTEM, INC.

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Ryder System, Inc. Opens Five New Locations for Used Vehicle Sales

10/07/2021 | 06:55am EST

Ryder System, Inc. announces grand openings of five new used vehicle sales centers located in Salt Lake City, UT; Oklahoma City, OK; Orlando, FL; Syracuse, NY; and Allentown, PA. Ryder offers the largest network of used commercial vehicles for sale in the U.S., with 60 Used Truck Center (UTC) locations offering more than 4,000 pre-owned trucks, vans, and trailers for sale. The company’s used vehicle sales have seen growth this year, driven by limited market inventory and strong customer demand for high-quality fleet solutions. These five new locations support Ryder’s commitment to continuously enhancing the customer experience, ensuring both convenience and quality, in securing pre-owned commercial vehicles through Ryder’s used truck centers and online. Ryder used vehicles consist of day cab tractors, sleepers, refrigeration equipment, box trucks, sprinter vans, cargo vans, and trailers. Ryder has staff on-site to consult with potential buyers on the vehicle that is best suited for their business needs, as well as provide a complete vehicle maintenance history report. Customers also benefit from discounted pricing, extended warranty, and Ryder’s best-in-class maintenance plans to keep payments low and maximize uptime.


© S&P Capital IQ 2021
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Analyst Recommendations on RYDER SYSTEM, INC.
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Financials (USD)
Sales 2021 9 544 M - -
Net income 2021 468 M - -
Net Debt 2021 5 387 M - -
P/E ratio 2021 9,50x
Yield 2021 2,75%
Capitalization 4 461 M 4 461 M -
EV / Sales 2021 1,03x
EV / Sales 2022 1,01x
Nbr of Employees 39 000
Free-Float 99,3%
Chart RYDER SYSTEM, INC.
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Ryder System, Inc. Technical Analysis Chart | R | US7835491082 | MarketScreener
Technical analysis trends RYDER SYSTEM, INC.
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 83,08 $
Average target price 93,57 $
Spread / Average Target 12,6%
EPS Revisions
Managers and Directors
Robert E. Sanchez Chairman & Chief Executive Officer
John J. Diez Chief Financial Officer & Executive Vice President
Rajeev Ravindran Chief Information Officer & Senior Vice President
Norman Brouillette VP, General Manager-Technology & Healthcare
Kendra Phillips Chief Technology Officer
Sector and Competitors