The market expects Ryder (R) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 25. ...

Ryder System, Inc. (R) has inked a deal to purchase Venice, FL-based Pit Stop Fleet Service (Pit Stop), which is likely to enhance growth of its retail mobile maintenance business, Torque by Ryder.Founded in 1997, Pit Stop provides retail mobile commercial fleet maintenance, including battery, tire and transmission repairs, preventative maintenance, and breakdown assistance.Subject to customary closing conditions, the deal is anticipated to be completed by Aug 1. Financial terms of the deal have been kept u ...

Ryder System plans to expand its retail mobile maintenance offering with an acquisition of Pit Stop Fleet Service.The company entered into an agreement to acquire Pit Stop and expects to complete the transaction by Aug. 1, subject to customary closing conditions, Ryder said in a Monday (July 15) press release.“With our complementary retail mobile maintenance fleet services across diverse industries and markets, we now have even greater economies of scale and offer unparalleled flexibility for fleets requiri ...

Shares of Ryder System, Inc. (R) performed well on the bourse on Jul 12, 2024, closing the trading session at $128.75 per share, up 3.02% from the previous day's closing. The upside was owing to the dividend hike announcement by Ryder’s board of directors.In a shareholder-friendly move, R’s board of directors has approved a dividend hike of 14.1%, thereby raising its quarterly cash dividend to 81 cents per share ($3.24 annualized) from 71 cents ($2.84 annualized). The raised dividend will be paid out on Sep ...

Vancouver, British Columbia--(Newsfile Corp. - July 12, 2024) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ1) (WKN: A3DMP6) (the "Company," or "Nova Pacific") is pleased to announce that it has qualified for trading on the OTCQB® Venture Market (the "OTCQB") in the United States operated by the OTC Markets Group Inc. The Company's common shares commenced trading today on the OTCQB under the symbol "NVPCF". Nova Pacific 's common shares will continue to trade on the Canadian Securities Exc ...

22nd Century to Re-Launch and Expand VLN(R) Presence in South KoreaJuly 09, 2024 8:30 AM EDT | Source: 22nd Century GroupMocksville, North Carolina--(Newsfile Corp. - July 9, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction and contract manufacturing, today announced a new agreement for full-scale commercial rollout of its VLN® reduced nicotine content cigarettes in South Korea. The new agreement with 22nd Century's local partner, N ...

Ryder (R) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changin ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these ...

Ryder's (R) strong segmental performance by Dedicated Transportation Solutions and Supply Chain Solutions is boosting its top line. Shareholder-friendly efforts are also praiseworthy. However, the company is grappling with low liquidity.Factors Favoring RRyder consistently strives to reward its shareholders through dividends and share repurchases. In 2023, 2022 and 2021, the company paid out dividends totaling $128 million, $123 million and $122 million, respectively, and repurchased shares worth $337 milli ...