Janney Montgomery Scott LLC Cuts 41.5% of Holdings in Ryder System, Inc
August 10, 2023
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Ryder System ($NYSE:R), Inc. is a holding company specializing in transportation and supply chain management solutions. This reduction is likely to have a significant impact on the stock price of Ryder System, Inc. as the market reacts to the news. It remains to be seen how this significant reduction in holdings will affect Ryder System, Inc.’s stock price in the coming days and weeks.
However, it is clear that this move by Janney Montgomery Scott LLC has likely caused ripples throughout the investment community. Investors are likely to be wary of further changes in holdings as this could lead to further volatility in the stock price of Ryder System, Inc.
Analysis
At GoodWhale, we recently conducted an analysis of RYDER SYSTEM‘s wellbeing. Our Risk Rating gave RYDER SYSTEM a medium risk investment for both financial and business aspects. Within the income statement, we detected 2 risk warnings that may indicate potential issues. Similarly, the balance sheet also had some red flags that require further investigation. If you would like to find out more information about these risks, become a registered user of GoodWhale and take a closer look at our findings. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ryder System. More…
| Total Revenues | Net Income | Net Margin |
| 11.96k | 573 | 3.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ryder System. More…
| Operations | Investing | Financing |
| 2.43k | -2.08k | -588 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ryder System. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14.97k | 11.88k | 68 |
Key Ratios Snapshot
Some of the financial key ratios for Ryder System are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.8% | 164.7% | 9.4% |
| FCF Margin | ROE | ROA |
| -5.5% | 23.1% | 4.7% |
Peers
The transportation and logistics industry is highly competitive, with Ryder System, Inc. competing against PT Adi Sarana Armada Tbk, PT Batavia Prosperindo Trans Tbk, and Elanders AB, among others. In order to stay competitive, Ryder System, Inc. must offer superior services and logistics solutions to its customers.
– PT Adi Sarana Armada Tbk ($IDX:ASSA)
Adi Sarana Armada Tbk is an Indonesian holding company that focuses on the automotive sector. The company is the largest automotive distributor and retailer in Indonesia with a market share of approximately 40%. The company also has a strong presence in the financing, automotive parts, and used car businesses. Adi Sarana Armada has a network of approximately 1,000 dealerships and service centers across Indonesia.
The company has a market capitalization of 3.87 trillion as of 2022 and a return on equity of 18.54%. The company has a strong financial position and is well-positioned to continue its growth in the Indonesian automotive market.
– PT Batavia Prosperindo Trans Tbk ($IDX:BPTR)
Batavia Prosperindo Trans Tbk is a market leader in Indonesia’s transportation sector. The company has a strong market share in the trucking, shipping, and logistics industries. Batavia Prosperindo Trans Tbk is a well-respected and trusted transportation company with a strong reputation for safety and reliability. The company has a market cap of 322.4 billion as of 2022.
– Elanders AB ($LTS:0JBY)
Elanders AB is a publicly traded company with a market capitalization of 5.09 billion as of January 2022. The company has a return on equity of 13.87%. Elanders is a global provider of supply chain management and logistics solutions. The company operates in Europe, North America, Asia, and Australia.
Summary
Ryder System, Inc., a leader in commercial fleet management, dedicated transportation, and supply chain solutions, has seen its holdings reduced by 41.5% according to Janney Montgomery Scott LLC. This marks a significant decrease in investment from the firm, and suggests a reduced outlook on the company. Investment analysis of Ryder System has pointed to slowing revenues and a somewhat weak outlook due to increased competition in the market and reduced customer spending. It remains to be seen how the company will respond to the changes in investment from Janney Montgomery Scott LLC, but investors should proceed with caution when considering Ryder System as an investment option.
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