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IGI Cybersecurity and Omega ATC Announce Technology Alliance Leveraging Nodeware(R) to Deliver PCI DSS v4.0.1 Compliant Authenticated Vulnerability Scanning for Multi-Location Retailers
Accessnewswire· 2026-02-25 16:25
PITTSFORD, NY / ACCESS Newswire / February 25, 2026 / IGI Cybersecurity (Infinite Group, Inc. (IGI) (OTCPK:IMCI) and Omega ATC today announced a technology alliance leveraging Nodeware, IGI's AI-driven platform, and Omega's PCI Level 1 service provider capabilities to help distributed, multi-location retail enterprises meet the authenticated vulnerability scanning requirements of PCI DSS v4.0.1. "PCI DSS v4.0.1 fundamentally changes what 'good' vulnerability management looks like," said Andrew Hoyen, Presid ...
Zomedica Expands Distribution of TRUVIEW(R) Digital Microscopy Platform Through National Agreement with Moichor, a Leader in Veterinary Pathology
Accessnewswire· 2026-02-25 11:30
Partnership Expected to Accelerate System Placements and Support Recurring Consumables Revenue Growth ANN ARBOR, MI / ACCESS Newswire / February 25, 2026 / Zomedica Corp. (OTCQB:ZOMDF) ("Zomedica" or the "Company"), an animal health company offering innovative diagnostic and therapeutic products for equine and companion animals, today announced a commercial distribution agreement with Moichor, a recognized leader in veterinary reference and point-of-care laboratory services across the United States. Under t ...
Ryder System, Inc. (R) Presents at Barclays 43rd Annual Industrial Select Conference Transcript
Seeking Alpha· 2026-02-18 21:25
Group 1 - The company is currently being evaluated by analysts regarding its ownership status, with options including overweight, market weight, underweight, or no ownership [1] - Analysts are gathering audience opinions on their general bias towards the company, categorizing it as positive, negative, or neutral [2] - There is a focus on the company's through-cycle EPS growth expectations, with comparisons being made to peers to determine if it will be above, in line with, or below [2]
Ryder System (NYSE:R) FY Conference Transcript
2026-02-18 20:27
Summary of Ryder System Conference Call Company Overview - **Company**: Ryder System - **Industry**: Transportation and Logistics Key Points and Arguments Transformation and Strategy - Ryder has undergone a significant transformation over the past 5-6 years, adopting a "balanced growth strategy" since 2019, focusing on de-risking the business and improving returns [6][12] - The company reevaluated its reliance on the used truck market, which had negatively impacted returns during downturns [7][9] - Ryder reduced the assumption on residual values for leases to the bottom quartile, enhancing return predictability [9] - The target spread on leases was increased from 60 basis points to 150 basis points, leading to improved profitability [10] Financial Performance - Earnings before tax increased from approximately $300-$400 million to $700 million, with reduced volatility from the used truck market [11] - The logistics and dedicated business segments, which were 35% of revenues a decade ago, now account for 60% of revenues, indicating a shift towards more stable, contractual business [12] Market Conditions and Outlook - Despite a forecast for earnings improvement, Ryder does not anticipate significant market help, attributing growth primarily to internal initiatives [16] - Current market indicators such as PMI above 50 and increased truckload spot rates are positive, but improvements in rental and used truck business are expected to take time [17] - The company is cautious about assuming a market pickup in the second half of the year, given past experiences [16] Supply Chain and Logistics - Ryder's supply chain business is expected to achieve double-digit top-line growth, driven by new contracts, particularly in the omni-channel retail sector [23] - The company has a strong focus on execution and has developed a robust supply chain service offering, including transportation management and e-commerce fulfillment [52][53] Challenges and Risks - The company faces challenges from rising insurance costs and medical expenses for employees, which are industry-wide issues [41][42] - The driver market remains loose, but tightening could lead to increased demand for Ryder's services as private fleets seek assistance [30][40] Acquisitions and Synergies - Ryder's recent acquisition of Cardinal Logistics is expected to yield $40-$60 million in synergies, primarily through operational efficiencies [45] - The integration of Cardinal Logistics is progressing well, with most synergies already executed [45] Capital Expenditure and Cash Management - Ryder plans to focus on replacement capital expenditures rather than growth, with a projected $1.9 billion in expenditures for the year [76] - The company is likely to continue deleveraging and may consider share buybacks unless significant acquisition opportunities arise [75] Leadership Transition - Robert Sanchez, the CEO, is retiring after 33 years with the company, expressing confidence in the leadership team to continue the balanced growth strategy [84] Additional Important Content - Ryder's dedicated business serves specialized markets, such as metals and retail, where drivers perform tasks beyond just driving [36] - The company has chosen to focus solely on North America, where a significant portion of the market remains unoutsourced, providing ample growth opportunities [61] - Ryder's safety programs, including in-cab cameras, have been pivotal in managing insurance costs and enhancing safety culture [41]
Ryder Q4 Earnings Miss Estimates, Increase Year Over Year
ZACKS· 2026-02-18 20:10
Core Insights - Ryder System, Inc. reported disappointing fourth-quarter 2025 results, with earnings and revenues missing the Zacks Consensus Estimate [1][10] - Quarterly earnings per share were $3.59, missing the estimate of $3.66 but showing a year-over-year improvement of 4.1% [1][10] - Total revenues were $3.17 billion, falling short of the estimate of $3.24 billion and decreasing by 0.4% year over year [2][10] Financial Performance - Operating revenues (adjusted) for the quarter were $2.62 billion, reflecting a year-over-year increase of 0.4% [2] - Ryder's chairman noted that the fourth quarter marked the fifth consecutive quarter of earnings-per-share growth, aligning with expectations [3] - Fleet Management Solutions segment reported total revenues of $1.46 billion, down 1% year over year due to lower operating and fuel revenue [4] - Supply-Chain Solutions segment saw total revenues of $1.38 billion, up 3% year over year, driven by increased operating revenues and new business [5] - Dedicated Transportation Solutions segment reported total revenues of $565 million, declining 8% year over year due to decreased subcontracted transportation costs [6] Liquidity and Debt - Ryder ended the fourth quarter with cash and cash equivalents of $198 million, up from $189 million in the previous quarter [7] - Total debt at the end of the fourth quarter was $7.64 billion, down from $7.85 billion in the prior quarter [7] Outlook - For 2026, Ryder expects adjusted earnings per share in the range of $13.45-$14.45, with the Zacks Consensus Estimate of $14.29 within this guidance [8] - Total revenues are anticipated to increase by 1%, while adjusted operating revenues are expected to rise by 3% [8] - Adjusted return on equity is projected to be between 17-18%, with net cash from operating activities estimated at $2.7 billion [9]
Tenon(R) Medical Strengthens Intellectual Property Portfolio with Strategic Patent Expansion
Accessnewswire· 2026-02-18 13:35
Core Viewpoint - Tenon Medical, Inc. is enhancing its competitive position and supporting its long-term growth strategy through a strategic expansion of its U.S. intellectual property portfolio, following the receipt of Notices of Allowance for multiple patent applications expected to issue in 2026 [1] Group 1: Intellectual Property Expansion - The company has received Notices of Allowance from the United States Patent and Trademark Office (USPTO) for multiple patent applications [1] - This expansion will strengthen the company's growing patent portfolio, building upon the ten patents issued in 2025, which includes five issued by the USPTO and five issued internationally [1]
Ryder System, Inc. (R) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript
Seeking Alpha· 2026-02-17 17:54
Company Overview - Ryder has undergone a significant transformation in recent years, moving away from its traditional image [1] - The company was founded in 1933 in Miami and has grown from one man and one truck to a publicly traded entity [4] - Ryder went public in 1955 and is among the top 5% of the longest-tenured publicly traded companies on the NYSE [4] - The company currently generates just under $13 billion in revenue [4]
Ryder System (NYSE:R) 2026 Conference Transcript
2026-02-17 15:42
Summary of Ryder's Conference Call Company Overview - **Company**: Ryder System, Inc. - **Industry**: Transportation and Logistics - **Founded**: 1933, went public in 1955 - **Revenue**: Approximately $13 billion - **Stock Symbol**: R - **Segments**: Fleet Management Solutions (FMS), Dedicated Transportation Solutions (DTS), Supply Chain Solutions (SCS) [1][2][3] Core Business Segments 1. **Fleet Management Solutions (FMS)** - Represents about 43% of total revenue - Offers truck leasing and maintenance services - Operates a fleet of nearly 240,000 vehicles - Revenue growth is dependent on the freight market [3][5][26] 2. **Dedicated Transportation Solutions (DTS)** - Accounts for 19% of revenue - Provides trucks and drivers for customers - Growth is influenced by the driver market and outsourcing trends [5][61] 3. **Supply Chain Solutions (SCS)** - Focuses on warehousing and logistics - Operates over 300 warehouses with over 100 million square feet of space - Long-term growth target is low double digits [6][40][54] Transformation and Strategy - **Balanced Growth Strategy**: Initiated in 2019 to de-risk the business model, improve returns, and accelerate growth in asset-light businesses [7][10] - **Revenue Mix Shift**: In 2018, asset-intensive business was 56% of revenue; by 2023, it decreased to 38% [11] - **Earnings Improvement**: Targeting low twenties return on equity (ROE) over the cycle, with a peak ROE of 17% expected in 2025 [12] - **Cost Savings**: Achieved over $100 million in savings from maintenance optimization initiatives [10][13] Financial Outlook - **2026 EPS Guidance**: Midpoint reflects an 8% year-over-year growth, with a range of 4%-12% [71] - **Potential Earnings Lift**: Identified $250 million in earnings lift as the freight market recovers [13][72] - **Free Cash Flow**: Expected to be $700-$800 million, with plans for organic growth, acquisitions, dividends, and share buybacks [83][85] Market Dynamics - **Freight Market**: Current softness in the freight market is impacting lease sales and rental fleet performance [27][69] - **Driver Market**: A tightening driver market is expected to drive growth in dedicated services as companies outsource more [61][66] - **Customer Sentiment**: Large companies are moving forward with projects, while small to mid-sized companies are more hesitant due to market conditions [70] Innovation and Technology - **AI Integration**: Ryder is leveraging AI in customer-facing systems and operational efficiencies [88][89] - **Automation**: Increased use of automation in warehouses and maintenance operations to enhance productivity [100][102] Management Transition - **Leadership Change**: Robert Sanchez will transition to Executive Chair, with John Diez taking over as CEO [15][78] - **Management Team**: Strong leadership team in place, with a focus on innovation and operational excellence [17][80] Conclusion - Ryder is positioned for future growth with a focus on innovation, operational efficiency, and a strong management team. The company anticipates that the best years are ahead as market conditions improve and demand for logistics services increases [105]
Why Ryder (R) is a Top Growth Stock for the Long-Term
ZACKS· 2026-02-13 15:46
Company Overview - Ryder System, Inc. is one of the world's largest providers of integrated logistics and transportation solutions, serving a diverse range of customers from small businesses to large international enterprises across various industries, including automotive, electronics, transportation, grocery, lumber and wood products, food service, and home furnishing [11]. Investment Ratings - Ryder has a Zacks Rank of 2 (Buy) and a VGM Score of B, indicating a strong investment potential [12]. - The company is particularly appealing to growth investors, with a Growth Style Score of B, forecasting a year-over-year earnings growth of 15.6% for the current fiscal year [12]. Earnings Estimates - An analyst has revised Ryder's earnings estimate higher in the last 60 days for fiscal 2026, with the Zacks Consensus Estimate increasing by $0.08 to $14.94 per share [12]. - Ryder has an average earnings surprise of +1.9%, suggesting a positive trend in earnings performance [12]. Investment Recommendation - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Ryder is recommended to be on investors' short lists for potential investment opportunities [13].
Aspire Biopharma Files Provisional Patent Application for a Fast-Acting Sublingual Powder Formulation of Ondansetron (Generic Zofran(R))
Accessnewswire· 2026-02-12 13:00
Core Insights - Aspire Biopharma has filed a provisional patent application for a fast-acting sublingual powder formulation of ondansetron, the active ingredient in Zofran, aimed at providing rapid relief from nausea caused by cancer treatments [1] - The global ondansetron market was valued at approximately $1.4 billion in 2023 and is projected to grow to $2.4 billion by 2032, driven by increasing cancer incidences and surgical procedures [1] Company Developments - Aspire's new sublingual delivery system is designed to bypass the gastrointestinal tract, potentially reducing the onset of action from 30 minutes to just minutes, thus providing near-instant absorption [1] - The company plans to utilize the FDA's 505(b)(2) regulatory pathway to streamline clinical development and reduce time-to-market for its new formulation [1] Market Positioning - Ondansetron was the 53rd most prescribed medication in the U.S. in 2023, with over 12.5 million prescriptions, indicating significant market utilization [1] - The sublingual formulation specifically addresses the unmet need for patients who cannot swallow tablets due to severe vomiting or gastric irritation [1]