Ryder System Inc (R): Today's Featured Diversified Services Loser - TheStreet

Ryder System

(

R

) pushed the Diversified Services industry lower today making it today's featured Diversified Services loser. The industry as a whole closed the day up 0.9%. By the end of trading, Ryder System fell $5.31 (-13%) to $35.44 on heavy volume. Throughout the day, 5.6 million shares of Ryder System exchanged hands as compared to its average daily volume of 778,400 shares. The stock ranged in price between $35-$36.95 after having opened the day at $36.02 as compared to the previous trading day's close of $40.75. Other company's within the Diversified Services industry that declined today were:

American Learning

(

ALRN

), down 22.9%,

World Energy Solutions

(

XWES

), down 11.8%,

Fortune Industries

(

FFI

), down 11.1%, and

UTEK

(

INV

), down 10%.

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Ryder System, Inc. provides transportation and supply chain management solutions. It operates in three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Contract Carriage (DCC). Ryder System has a market cap of $2.17 billion and is part of the

services

sector. The company has a P/E ratio of 12.2, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 20.2% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Ryder System a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Ryder System as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the positive front,

Harris Interactive

(

HPOL

), up 11.9%,

ATA

(

ATAI

), up 10.9%,

American Reprographics Company

(

ARP

), up 10.7%, and

General Employment

(

JOB

), up 10%, were all gainers within the diversified services industry with

Accenture

(

ACN

) being today's featured diversified services industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider

iShares Dow Jones US Cons Services

(

IYC

) while those bearish on the diversified services industry could consider

ProShares Ultra Short Consumer Sers

(

SCC

).

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