Zacks Research Lowers Earnings Estimates for Landstar System

Landstar System, Inc. (NASDAQ:LSTR - Free Report) - Equities researchers at Zacks Research dropped their Q2 2025 EPS estimates for Landstar System in a note issued to investors on Tuesday, May 27th. Zacks Research analyst S. Goswami now expects that the transportation company will post earnings per share of $1.10 for the quarter, down from their previous forecast of $1.45. The consensus estimate for Landstar System's current full-year earnings is $6.10 per share. Zacks Research also issued estimates for Landstar System's FY2025 earnings at $4.83 EPS and FY2026 earnings at $6.06 EPS.

Landstar System (NASDAQ:LSTR - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The transportation company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.07). The company had revenue of $1.15 billion for the quarter, compared to analysts' expectations of $1.13 billion. Landstar System had a net margin of 4.07% and a return on equity of 19.56%. The business's revenue for the quarter was down 1.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.32 earnings per share.

Several other equities analysts also recently weighed in on the stock. Evercore ISI decreased their price target on shares of Landstar System from $137.00 to $136.00 and set an "in-line" rating on the stock in a research note on Wednesday, May 14th. Jefferies Financial Group decreased their price target on shares of Landstar System from $170.00 to $150.00 and set a "hold" rating on the stock in a research note on Friday, April 11th. Wall Street Zen downgraded shares of Landstar System from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. decreased their price target on shares of Landstar System from $177.00 to $147.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. Finally, Susquehanna decreased their price target on shares of Landstar System from $130.00 to $120.00 and set a "neutral" rating on the stock in a research note on Monday, April 7th. Two equities research analysts have rated the stock with a sell rating and thirteen have assigned a hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $150.42.

Landstar System Price Performance

Shares of NASDAQ:LSTR traded down $0.59 during midday trading on Friday, hitting $137.32. The company's stock had a trading volume of 689,360 shares, compared to its average volume of 296,650. The business's 50 day simple moving average is $139.17 and its 200 day simple moving average is $158.86. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.21 and a current ratio of 1.96. The company has a market cap of $4.80 billion, a P/E ratio of 24.88 and a beta of 0.92. Landstar System has a 12-month low of $128.99 and a 12-month high of $196.86.

Institutional Investors Weigh In On Landstar System

A number of institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. increased its position in shares of Landstar System by 132.7% during the first quarter. Geneos Wealth Management Inc. now owns 249 shares of the transportation company's stock valued at $37,000 after acquiring an additional 142 shares during the last quarter. Focus Partners Wealth increased its position in shares of Landstar System by 1.7% during the first quarter. Focus Partners Wealth now owns 51,365 shares of the transportation company's stock valued at $7,715,000 after acquiring an additional 875 shares during the last quarter. Bayforest Capital Ltd increased its position in shares of Landstar System by 2,700.0% during the first quarter. Bayforest Capital Ltd now owns 2,632 shares of the transportation company's stock valued at $395,000 after acquiring an additional 2,538 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Landstar System by 13.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 142,341 shares of the transportation company's stock valued at $21,380,000 after purchasing an additional 16,698 shares during the period. Finally, Empowered Funds LLC boosted its stake in shares of Landstar System by 38.3% in the first quarter. Empowered Funds LLC now owns 4,687 shares of the transportation company's stock valued at $704,000 after purchasing an additional 1,298 shares during the period. 97.95% of the stock is currently owned by institutional investors and hedge funds.

Landstar System Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Thursday, June 5th will be given a dividend of $0.40 per share. The ex-dividend date is Thursday, June 5th. This is a boost from Landstar System's previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.17%. Landstar System's dividend payout ratio (DPR) is currently 31.68%.

Landstar System Company Profile

Landstar System, Inc provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. It operates through two segments: Transportation Logistics and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, intra-Mexico, intra-Canada, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, such as third party logistics and less-than-truckload services.