R Price Prediction Next Week
Technical Analysis: Based on recent price action, Ryder System (R) shows a strong upward momentum, breaking above the analyst consensus target of $165.67. The stock is currently trading at $166.34, indicating bullish sentiment.
News Sentiment & Fundamental Analysis:
- Strong Q4 2024 performance with adjusted EPS of $3.45, beating analyst estimates
- Operating revenue grew 7% to $2.6 billion in Q4
- Dedicated Transportation Solutions segment showed impressive 39% growth
- Management projects modest 2% revenue growth for 2025 with adjusted EPS guidance of $13.00-$14.00
Price Prediction for Next Week: Target Price Range: $168-172
- Support Level: $164
- Resistance Level: $172
Recommendation: BUY Rationale:
- Breaking above analyst consensus price target indicates strong momentum
- Solid Q4 earnings and positive business performance
- Recent 4% gain in stock price shows market confidence
- Technical indicators suggest continued upward movement
Entry Point: Current market price ($166.34) Stop Loss: $163.50 Take Profit: $172.00
R Similar Chart Price Prediction
The price of R is predicted to go up -11.71%, based on the high correlation periods with IRT. The similarity of these two price pattern on the periods is 91.34%.
R
IRT
Down: -11.71%Similarity: 91.34%
