Landstar System, Inc. (NASDAQ:LSTR) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Analysts rate Landstar a "Hold": 14 firms cover the stock (1 sell, 11 hold, 1 buy, 1 strong buy) and the average 12‑month price target is about $155.55, below the current share price (~$179).
• Heavy institutional ownership: Institutions and hedge funds own 97.95% of LSTR, with several funds materially increasing positions last quarter (e.g., Fenimore +231.3%, Peterson Wealth +1,108.4%).
• Valuation and trading: Landstar has a market cap of $6.08B and a P/E of 54.08, trading near its 52‑week high ($181.84) with 50/200‑day moving averages of $159.06/$146.64, implying a relatively elevated valuation versus analyst targets.

Landstar System, Inc. (NASDAQ:LSTR - Get Free Report) has received an average rating of "Hold" from the fourteen research firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $155.5455.

Several equities analysts have recently issued reports on the company. Barclays boosted their price objective on Landstar System from $130.00 to $155.00 and gave the stock an "equal weight" rating in a research report on Thursday, January 15th. Evercore boosted their price objective on Landstar System from $125.00 to $151.00 and gave the stock an "in-line" rating in a research report on Monday, January 12th. TD Cowen reiterated a "hold" rating on shares of Landstar System in a research report on Friday, January 9th. JPMorgan Chase & Co. boosted their price objective on Landstar System from $134.00 to $162.00 and gave the stock a "neutral" rating in a research report on Monday, January 12th. Finally, Truist Financial reduced their price objective on Landstar System from $150.00 to $145.00 and set a "hold" rating for the company in a research report on Thursday, January 29th.

Hedge Funds Weigh In On Landstar System

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Peterson Wealth Services raised its holdings in Landstar System by 1,108.4% during the third quarter. Peterson Wealth Services now owns 10,960 shares of the transportation company's stock worth $1,343,000 after purchasing an additional 10,053 shares in the last quarter. Alps Advisors Inc. raised its holdings in Landstar System by 69.8% during the third quarter. Alps Advisors Inc. now owns 94,863 shares of the transportation company's stock worth $11,626,000 after purchasing an additional 38,992 shares in the last quarter. Ballast Asset Management LP raised its holdings in Landstar System by 28.2% during the third quarter. Ballast Asset Management LP now owns 34,579 shares of the transportation company's stock worth $4,238,000 after purchasing an additional 7,614 shares in the last quarter. Retirement Systems of Alabama raised its holdings in Landstar System by 48.2% during the third quarter. Retirement Systems of Alabama now owns 63,299 shares of the transportation company's stock worth $7,758,000 after purchasing an additional 20,586 shares in the last quarter. Finally, Fenimore Asset Management Inc raised its holdings in Landstar System by 231.3% during the third quarter. Fenimore Asset Management Inc now owns 341,130 shares of the transportation company's stock worth $41,809,000 after purchasing an additional 238,173 shares in the last quarter. 97.95% of the stock is currently owned by institutional investors and hedge funds.

Landstar System Stock Down 0.5%

NASDAQ:LSTR opened at $179.02 on Friday. The firm has a market capitalization of $6.08 billion, a PE ratio of 54.08 and a beta of 0.80. The stock has a 50 day moving average of $159.06 and a 200-day moving average of $146.64. Landstar System has a 52 week low of $119.32 and a 52 week high of $181.84. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06.

Landstar System Company Profile

Landstar System, Inc provides integrated transportation management solutions through a network of independent agents and third-party capacity providers. The company specializes in truckload brokerage, intermodal, air and ocean freight, expedited and heavy-haul services, along with value-added offerings such as cargo insurance, customs brokerage and supply chain management. Landstar's proprietary technology platform enables real-time load matching, shipment tracking and data analytics to optimize fleet utilization and improve customer service.

Founded in 1968 and headquartered in Jacksonville, Florida, Landstar pioneered an asset-light brokerage model that has evolved into a global logistics operation.

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