Landstar System Company Profile (NASDAQ:LSTR)

About Landstar System (NASDAQ:LSTR)

Landstar System, Inc. (Landstar) is an asset-light provider of integrated transportation management solutions. The Company offers services to its customers across multiple transportation modes, with the ability to arrange for individual shipments of freight to enterprise solutions to manage customer's transportation needs. It operates in two segments: the Transportation Logistics segment and the Insurance segment. The Transportation Logistics segment provides a range of integrated transportation management solutions. Transportation services offered by it include truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul or specialized, the United States-Canada and the United States-Mexico cross-border, project cargo and customs brokerage. The insurance segment consists of Signature Insurance Company, which is an offshore insurance subsidiary, and Risk Management Claim Services, Inc.

Industry, Sector and Symbol:

Sector:
Industry: Trucking
Sub-Industry: Trucking
Symbol: NASDAQ:LSTR
CUSIP: 51509810
Web: www.landstar.com

Capitalization:

Market Cap: $3.49 billion
Outstanding Shares: 41,924,000

Average Prices:

50 Day Moving Avg: $84.19
200 Day Moving Avg: $84.64
52 Week Range: $64.18 - $90.80

P/E:

Trailing P/E Ratio: 24.99
Foreward P/E Ratio: 20.76
P/E Growth: 1.78

Sales & Book Value:

Annual Revenue: $3.24 billion
Price / Sales: 1.08
Book Value: $13.69 per share
Price / Book: 6.08

Dividend:

Annual Dividend: $0.36
Dividend Yield: 0.4%

Profitability:

EBIDTA: $261.88 million
Net Margins: 4.34%
Return on Equity: 27.08%
Return on Assets: 13.51%

Debt:

Debt-to-Equity Ratio: 0.17%
Current Ratio: 1.94%
Quick Ratio: 1.91%

Misc:

Average Volume: 275,547 shs.
Beta: 0.74
Short Ratio: 5.51

Frequently Asked Questions for Landstar System (NASDAQ:LSTR)

What is Landstar System's stock symbol?

Landstar System trades on the NASDAQ under the ticker symbol "LSTR."

How often does Landstar System pay dividends? What is the dividend yield for Landstar System?

Landstar System announced a quarterly dividend on Wednesday, April 26th. Investors of record on Thursday, May 11th will be paid a dividend of $0.09 per share on Friday, June 2nd. This represents a $0.36 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend is Tuesday, May 9th. View Landstar System's Dividend History.

How were Landstar System's earnings last quarter?

Landstar System, Inc. (NASDAQ:LSTR) posted its quarterly earnings data on Wednesday, April, 26th. The company reported $0.77 EPS for the quarter, beating the Zacks' consensus estimate of $0.73 by $0.04. The company earned $780.90 million during the quarter, compared to the consensus estimate of $757.56 million. Landstar System had a net margin of 4.34% and a return on equity of 27.08%. The firm's quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.69 EPS. View Landstar System's Earnings History.

What guidance has Landstar System issued on next quarter's earnings?

Landstar System issued an update on its second quarter earnings guidance on Wednesday, April, 26th. The company provided earnings per share (EPS) guidance of $0.84-$0.89 for the period, compared to the Thomson Reuters consensus estimate of $0.88. The company issued revenue guidance of $820-$870 million, compared to the consensus revenue estimate of $835.57 million.

Where is Landstar System's stock going? Where will Landstar System's stock price be in 2017?

9 analysts have issued 12-month target prices for Landstar System's shares. Their forecasts range from $81.00 to $87.00. On average, they anticipate Landstar System's stock price to reach $83.00 in the next year. View Analyst Ratings for Landstar System.

Who are some of Landstar System's key competitors?

Some companies that are related to Landstar System include Swift Transportation Co (SWFT), Knight Transportation (KNX), Werner Enterprises (WERN), Heartland Express (HTLD), Saia (SAIA), Marten Transport, Ltd (MRTN), Echo Global Logistics (ECHO), ArcBest Corp (ARCB), Covenant Transportation Group (CVTI), YRC Worldwide (YRCW), P.A.M. Transportation Services (PTSI), Celadon Group (CGI), USA Truck (USAK), Con-way (CNW) and Quality Distribution (QLTY).

Who are Landstar System's key executives?

Landstar System's management team includes the folowing people:

James B. Gattoni, President, Chief Executive Officer, Director
L. Kevin Stout, Chief Financial Officer, Vice President, Assistant Secretary
Larry S. Thomas, Vice President, Chief Information Officer
Patrick J. O'Malley III, Vice President, Chief Commercial and Marketing Officer
Michael K. Kneller, Vice President, General Counsel, Secretary
Joseph J. Beacom, Vice President, Chief Safety and Operations Officer
Diana Mather Murphy, Non-Executive Chairman and Independent Director
Homaira Akbari, Independent Director
David G. Bannister, Independent Director
Anthony J. Orlando, Independent Director

Who owns Landstar System stock?

Landstar System's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.75%), Vanguard Group Inc. (8.07%), JPMorgan Chase & Co. (3.53%), Royce & Associates LP (3.22%), State Street Corp (2.85%) and Kayne Anderson Rudnick Investment Management LLC (2.50%). Company insiders that own Landstar System stock include Anthony J Orlando, Joseph J Beacom, L Kevin Stout, Larry S Thomas and Patrick J O'malley. View Institutional Ownership Trends for Landstar System.

Who sold Landstar System stock? Who is selling Landstar System stock?

Landstar System's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Wellington Management Group LLP, Prudential Financial Inc., State of Tennessee Treasury Department, JPMorgan Chase & Co., FMR LLC, Cornerstone Capital Management Holdings LLC. and Ameriprise Financial Inc.. Company insiders that have sold Landstar System stock in the last year include Joseph J Beacom, L Kevin Stout, Larry S Thomas and Patrick J O'malley. View Insider Buying and Selling for Landstar System.

Who bought Landstar System stock? Who is buying Landstar System stock?

Landstar System's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, Vanguard Group Inc., Renaissance Technologies LLC, AQR Capital Management LLC, Janus Capital Management LLC, Canada Pension Plan Investment Board and Point72 Asset Management L.P.. View Insider Buying and Selling for Landstar System.

How do I buy Landstar System stock?

Shares of Landstar System can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Landstar System's stock price today?

One share of Landstar System stock can currently be purchased for approximately $83.25.

MarketBeat Community Rating for Landstar System (NASDAQ LSTR)

Community Ranking:		1.4 out of 5 ()
Outperform Votes:		129 (Vote Outperform)
Underperform Votes:		348 (Vote Underperform)
Total Votes:		477

MarketBeat's community ratings are surveys of what our community members think about Landstar System and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Landstar System (NASDAQ:LSTR) (?)

Ratings Breakdown:	1 Sell Rating, 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:	Hold (Score: 2.22)
Consensus Price Target:	$83.00 (0.30% downside)

Analysts' Ratings History for Landstar System (NASDAQ:LSTR)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
4/28/2017	Stifel Nicolaus	Boost Price Target	Hold	$81.00 -> $87.00	Low
4/27/2017	Cowen and Company	Boost Price Target	Market Perform -> Market Perform	$76.00 -> $82.00	Low
3/6/2017	Credit Suisse Group AG	Reiterated Rating	Neutral	$82.00 -> $83.00	N/A
1/17/2017	Raymond James Financial, Inc.	Downgrade	Market Perform -> Underperform		N/A
1/13/2017	KeyCorp	Upgrade	Sector Weight -> Overweight		N/A
12/20/2016	Susquehanna Bancshares Inc	Initiated Coverage	Neutral	$81.00	N/A
11/2/2016	Deutsche Bank AG	Initiated Coverage	Buy	$82.00	N/A
8/2/2016	Oppenheimer Holdings Inc.	Downgrade	Outperform		N/A
8/2/2016	Citigroup Inc	Downgrade	Market Perform		N/A
4/21/2016	Avondale Partners	Downgrade	Outperform -> Market Perform	$72.50 -> $67.50	N/A
4/7/2016	Robert W. Baird	Reiterated Rating	Neutral	$63.00	N/A
3/30/2016	Macquarie	Downgrade	Neutral -> Underperform	$55.00	N/A
2/23/2016	Morgan Stanley	Downgrade	Equal Weight -> Underweight	$57.00 -> $56.00	N/A
1/31/2016	William Blair	Downgrade	Outperform -> Market Perform		N/A
12/15/2015	Buckingham Research	Initiated Coverage	Neutral	$61.00	N/A
12/14/2015	BB&T Co.	Downgrade	Buy -> Hold		N/A
10/23/2015	Royal Bank of Canada	Lower Price Target	Sector Perform	$70.00 -> $66.00	N/A

(Data available from 5/30/2015 forward)

Earnings History for Landstar System (NASDAQ:LSTR)

Earnings by Quarter for Landstar System (NASDAQ:LSTR)

Earnings History by Quarter for Landstar System (NASDAQ LSTR)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
4/26/2017	Q1 2017	$0.73	$0.77	$757.56 million	$780.90 million	View	N/A
2/1/2017	Q4 2016	$0.87	$0.94	$830.16 million	$893.00 million	View	Listen
10/19/2016	Q316	$0.81	$0.86	$576.65 million	$788.00 million	View	Listen
7/20/2016	Q216	$0.81	$0.76	$790.95 million	$775.00 million	View	Listen
4/20/2016	Q116	$0.67	$0.69	$721.15 million	$711.64 million	View	Listen
1/28/2016	Q415	$0.87	$0.88	$849.10 million	$848.60 million	View	Listen
10/22/2015	Q315	$0.90	$0.90	$856.33 million	$841.73 million	View	Listen
7/23/2015	Q215	$0.89	$0.92	$861.91 million	$868.00 million	View	Listen
4/23/2015	Q115	$0.73	$0.67	$781.48 million	$762.38 million	View	Listen
1/29/2015	Q414	$0.81	$0.86	$835.24 million	$862.80 million	View	Listen
10/23/2014	Q314	$0.81	$0.82	$819.57 million	$809.00 million	View	Listen
7/23/2014	Q214	$0.78	$0.80	$777.55 million	$814.40 million	View	Listen
4/24/2014	Q1	$0.59	$0.61	$667.21 million	$688.00 million	View	Listen
1/31/2014	Q413	$0.63	$0.55	$669.72 million	$691.98 million	View	Listen
10/24/2013	Q313	$0.69	$0.64	$693.92 million	$680.50 million	View	Listen
7/25/2013	Q2 2013	$0.66	$0.66	$685.51 million	$679.30 million	View	Listen
4/25/2013	Q1 2013	$0.57	$0.57	$646.32 million	$628.30 million	View	Listen
1/31/2013	Q4 2012	$0.67	$0.73	$714.36 million	$691.26 million	View	N/A
10/25/2012		$0.69	$0.71			View	N/A
7/26/2012		$0.74	$0.76			View	N/A
4/26/2012		$0.54	$0.57			View	N/A
2/2/2012		$0.66	$0.70			View	N/A
10/24/2011		$0.62	$0.64			View	N/A
7/21/2011		$0.59	$0.62			View	N/A
4/21/2011		$0.42	$0.43			View	N/A
2/1/2011		$0.47	$0.50			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Landstar System (NASDAQ:LSTR)

2017 EPS Consensus Estimate: $3.50

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	3	$0.73	$0.76	$0.74
Q2 2017	3	$0.83	$0.89	$0.86
Q3 2017	3	$0.91	$0.95	$0.93
Q4 2017	3	$0.95	$0.99	$0.97

(Data provided by Zacks Investment Research)

Current Dividend Information for Landstar System (NASDAQ:LSTR)

Next Dividend:	6/2/2017
Annual Dividend:	$0.36
Dividend Yield:	0.43%
Payout Ratio:	11.08% (Trailing 12 Months of Earnings) 10.20% (Based on This Year's Estimates) 8.98% (Based on Next Year's Estimates)

Dividend Payments by Quarter for Landstar System (NASDAQ:LSTR)

Dividend History by Quarter for Landstar System (NASDAQ LSTR)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
4/26/2017	quarterly	$0.09	0.42%	5/9/2017	5/11/2017	6/2/2017
2/1/2017	quarterly	$0.09	0.43%	2/15/2017	2/20/2017	3/17/2017
10/19/2016	quarterly	$0.09	0.52%	11/4/2016	11/8/2016	12/2/2016
7/20/2016	quarterly	$0.09	0.52%	8/4/2016	8/8/2016	8/26/2016
4/20/2016	quarterly	$0.08	0.49%	5/3/2016	5/5/2016	5/27/2016
1/28/2016	quarterly	$0.08	0.54%	2/10/2016	2/15/2016	3/11/2016
10/23/2015	quarterly	$0.08	0.52%	11/6/2015	11/10/2015	12/4/2015
7/23/2015	quarterly	$0.08	0.4%	8/6/2015	8/10/2015	8/28/2015
4/23/2015	quarterly	$0.07	0.45%	5/5/2015	5/7/2015	5/29/2015
2/2/2015	quarterly	$0.07	0.43%	2/11/2015	2/16/2015	3/13/2015
12/4/2014	special	$1.00	0.36%	1/8/2015	1/12/2015	1/26/2015
10/24/2014	quarterly	$0.07	0.38%	11/6/2014	11/11/2014	12/5/2014
7/24/2014	quarterly	$0.07	0.41%	8/7/2014	8/11/2014	8/29/2014
4/25/2014	quarterly	$0.06	0.38%	5/6/2014	5/8/2014	5/30/2014
2/4/2014	quarterly	$0.06	0.42%	2/13/2014	2/18/2014	3/14/2014
12/11/2013	special	$0.35		12/24/2013	12/27/2013	1/16/2014
12/6/2012	quarterly	$0.50			12/17/2012	12/27/2012
12/9/2012	special	$0.50		12/13/2012	12/17/2012	12/27/2012

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Landstar System (NASDAQ:LSTR)

Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 99.73%

Institutional Ownership by Quarter for Landstar System (NASDAQ:LSTR)

Insider Trades by Quarter for Landstar System (NASDAQ:LSTR)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
3/15/2017	L Kevin Stout	CFO	Sell	5,448	$85.65	$466,621.20
11/17/2016	Larry S Thomas	VP	Sell	5,280	$80.57	$425,409.60
8/2/2016	Patrick J O'malley	CMO	Sell	1,787	$69.17	$123,606.79
6/6/2016	Joseph J Beacom	COO	Sell	3,987	$68.10	$271,514.70
6/12/2015	Joseph J Beacom	COO	Sell	2,500	$67.28	$168,200.00
6/8/2015	Anthony J Orlando	Director	Buy	4,000	$66.76	$267,040.00
10/30/2014	Larry S Thomas	VP	Sell	5,400	$73.74	$398,196.00
10/27/2014	James B Gattoni	CFO	Sell	4,000	$73.79	$295,160.00
7/31/2014	Joseph J Beacom	COO	Sell	5,463	$66.55	$363,562.65
2/20/2014	Patrick O'malley	CMO	Sell	6,982	$58.49	$408,377.18
2/18/2014	Henry Gerkens	CEO	Sell	30,000	$58.78	$1,763,400.00
2/10/2014	Larry Thomas	VP	Sell	9,815	$56.74	$556,903.10
9/3/2013	Henry Gerkens	CEO	Sell	25,883	$54.85	$1,419,682.55
8/23/2013	Joseph Beacom	COO	Sell	5,000	$56.63	$283,150.00
8/6/2013	James Gattoni	CFO	Sell	25,000	$53.80	$1,345,000.00
8/6/2013	Larry Thomas	VP	Sell	10,209	$53.78	$549,040.02

(Data available from 1/1/2013 forward)

Headline Trends for Landstar System (NASDAQ:LSTR) Latest Headlines for Landstar System (NASDAQ:LSTR)

Source:

Date	Headline
	$0.87 EPS Expected for Landstar System, Inc. (LSTR) This Quarter www.americanbankingnews.com - May 30 at 8:28 AM
	Landstar System (LSTR) Names George Scanlon to Its Board of Directors www.streetinsider.com - May 24 at 11:03 AM
	Landstar Announces the Addition of George P. Scanlon to Its Board of Directors finance.yahoo.com - May 23 at 5:54 PM
	Landstar System, Inc. : LSTR-US: Dividend Analysis : May 11th, 2017 (record date) : By the numbers : May 9, 2017 finance.yahoo.com - May 9 at 6:07 PM
	Landstar System, Inc. (LSTR) Expected to Post Quarterly Sales of $847.09 Million www.americanbankingnews.com - May 6 at 8:46 AM
	Landstar System (LSTR) Receiving Somewhat Favorable Media Coverage, AlphaOne Reports www.americanbankingnews.com - May 5 at 11:21 PM
	Zacks: Analysts Expect Landstar System, Inc. (LSTR) to Post $0.87 Earnings Per Share www.americanbankingnews.com - May 4 at 4:04 PM
	Landstar System, Inc. (LSTR) Receives Consensus Recommendation of "Hold" from Analysts www.americanbankingnews.com - May 3 at 10:44 AM
	Landstar System, Inc. (LSTR) to Post Q2 2017 Earnings of $0.87 Per Share, Oppenheimer Holdings Forecasts www.americanbankingnews.com - May 3 at 8:02 AM
	Landstar System, Inc. – Value Analysis (NASDAQ:LSTR) : May 2, 2017 finance.yahoo.com - May 3 at 5:28 AM
	Landstar System (LSTR) Receiving Somewhat Positive News Coverage, Study Finds www.americanbankingnews.com - May 2 at 7:54 PM
	Landstar System, Inc. (LSTR) Expected to Earn FY2017 Earnings of $3.51 Per Share www.americanbankingnews.com - May 2 at 11:32 AM
	Landstar System, Inc. breached its 50 day moving average in a Bearish Manner : LSTR-US : May 1, 2017 finance.yahoo.com - May 1 at 12:51 PM
	Brokers Offer Predictions for Landstar System, Inc.'s Q2 2017 Earnings (LSTR) www.americanbankingnews.com - May 1 at 7:55 AM
	Somewhat Favorable News Coverage Very Likely to Impact Landstar System (LSTR) Stock Price www.americanbankingnews.com - April 29 at 3:53 PM
	Landstar System, Inc. (LSTR) Receives "Hold" Rating from Stifel Nicolaus www.americanbankingnews.com - April 28 at 6:38 PM
	Edited Transcript of LSTR earnings conference call or presentation 27-Apr-17 12:00pm GMT finance.yahoo.com - April 28 at 9:29 AM
	Landstar System Inc. Bottom Line Climbs 11% In Q1 www.nasdaq.com - April 27 at 11:57 PM
	Cowen and Company Raises Landstar System, Inc. (LSTR) Price Target to $82.00 www.americanbankingnews.com - April 27 at 4:55 PM
	Landstar System, Inc. (LSTR) Issues Quarterly Earnings Results www.americanbankingnews.com - April 26 at 10:28 PM
	Landstar System, Inc. (LSTR) Declares Quarterly Dividend of $0.09 www.americanbankingnews.com - April 26 at 9:06 PM
	Landstar System (LSTR) Given Daily News Impact Rating of 0.34 www.americanbankingnews.com - April 26 at 9:00 PM
	Landstar System Reports Record First Quarter Revenue of $781 Million and Record First Quarter Diluted Earnings Per Share of $0.77 finance.yahoo.com - April 26 at 6:58 PM
	Landstar System, Inc. (LSTR) Releases Q2 Earnings Guidance www.americanbankingnews.com - April 26 at 6:50 PM
	Landstar beats Street 1Q forecasts marketbeat.com - April 26 at 5:46 PM
	Somewhat Positive Media Coverage Very Likely to Affect Landstar System (LSTR) Share Price www.americanbankingnews.com - April 22 at 10:49 AM
	Landstar System, Inc. (LSTR) Short Interest Update www.americanbankingnews.com - April 22 at 12:45 AM
	Landstar System (LSTR) Earning Somewhat Negative News Coverage, Study Finds www.americanbankingnews.com - April 19 at 12:11 PM
	Brokerages Expect Landstar System, Inc. (LSTR) Will Announce Quarterly Sales of $753.93 Million www.americanbankingnews.com - April 15 at 8:56 AM
	Landstar System, Inc. (LSTR) Expected to Announce Earnings of $0.74 Per Share www.americanbankingnews.com - April 13 at 1:06 PM
	Landstar to Release First Quarter Results on Wednesday, April 26, 2017 feeds.benzinga.com - April 12 at 8:58 AM
	Landstar to Release First Quarter Results on Wednesday, April 26, 2017 finance.yahoo.com - April 12 at 8:00 AM
	Landstar System, Inc. breached its 50 day moving average in a Bearish Manner : LSTR-US : April 10, 2017 finance.yahoo.com - April 10 at 10:37 AM
	Landstar System, Inc. (LSTR) Given Average Rating of "Hold" by Analysts www.americanbankingnews.com - April 7 at 6:25 PM
	LANDSTAR SYSTEM INC Financials finance.yahoo.com - March 2 at 6:38 PM
	LANDSTAR SYSTEM INC Files SEC form 10-K, Annual Report biz.yahoo.com - February 24 at 7:37 PM
	Landstar System goes ex-dividend tomorrow seekingalpha.com - February 14 at 11:57 PM
	Post Earnings Coverage as Werner's Q4 Top-line Outperformed Forecasts finance.yahoo.com - February 10 at 7:09 PM
	Landstar to Participate in Stifel’s 2017 Transportation and Logistics Conference finance.yahoo.com - February 7 at 7:39 PM
	Landstar System Inc. Reports 5% Rise In Q4 Profit www.rttnews.com - February 3 at 12:09 AM
	Edited Transcript of LSTR earnings conference call or presentation 2-Feb-17 1:00pm GMT finance.yahoo.com - February 3 at 12:09 AM
	Landstar System Inc Earnings Call scheduled for 8:00 am ET today biz.yahoo.com - February 2 at 7:08 PM
	Landstar System Issues Q1 Outlook - Quick Facts www.rttnews.com - February 2 at 5:15 AM
	Q4 2016 Landstar System, Inc. Earnings Release - After Market Close us.rd.yahoo.com - February 1 at 7:11 PM
	Landstar System Reports Record Quarterly Revenue of $893 Million and Record Quarterly Diluted Earnings Per Share From Continuing Operations of $0.94 us.rd.yahoo.com - February 1 at 7:11 PM
	4:24 pm Landstar System beats by $0.07, beats on revs; guides Q1 EPS in-line, revs in-line us.rd.yahoo.com - February 1 at 7:11 PM
	Is a Surprise Coming for Landstar (LSTR) This Earnings Season? finance.yahoo.com - January 31 at 7:14 PM
	Enhancements Take Landstar Connect Mobile App to the Next Level finance.yahoo.com - January 25 at 7:47 PM
	Trump's Tough Talk on Trade With Mexico Weighs on Logistics Boom www.wsj.com - January 25 at 7:47 PM
	Landstar Moves to Expanded, Newly Built U.S. / Mexico Logistics Service Center in Laredo finance.yahoo.com - January 19 at 8:15 PM