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, including third party logistics and less-than-truckload service providers. This segment provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. It serves automotive products, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment industries. The Insurance segment reinsures certain risks of the company's independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
SymbolNASDAQ:LSTR
CUSIP51509810
Phone904-398-9400
Debt
Debt-to-Equity Ratio0.10
Current Ratio1.82
Quick Ratio1.82
Price-To-Earnings
Trailing P/E Ratio30.61
Forward P/E Ratio18.98
P/E Growth1.41
Sales & Book Value
Annual Sales$3.65 billion
Price / Sales1.29
Cash Flow$4.7068 per share
Price / Cash24.39
Book Value$15.57 per share
Price / Book7.37
Profitability
EPS (Most Recent Fiscal Year)$3.75
Net Income$177.08 million
Net Margins5.38%
Return on Equity31.06%
Return on Assets15.84%
Miscellaneous
Employees1,273
Outstanding Shares41,090,000
Market Cap$4.73 billion
Landstar System (NASDAQ:LSTR) Frequently Asked Questions
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 Thursday, July 26th. Stockholders of record on Monday, August 13th will be given a dividend of $0.165 per share on Friday, August 31st. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date is Friday, August 10th. This is an increase from Landstar System's previous quarterly dividend of $0.15. View Landstar System's Dividend History.
How will Landstar System's stock buyback program work?
Landstar System announced that its Board of Directors has initiated a share buyback program on Friday, December 15th 2017, which authorizes the company to repurchase 1,960,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.
How were Landstar System's earnings last quarter?
Landstar System, Inc. (NASDAQ:LSTR) announced its earnings results on Wednesday, July, 25th. The transportation company reported $1.51 EPS for the quarter, missing the consensus estimate of $1.53 by $0.02. The transportation company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.16 billion. Landstar System had a net margin of 5.38% and a return on equity of 31.06%. The company's quarterly revenue was up 35.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.89 earnings per share. View Landstar System's Earnings History.
When is Landstar System's next earnings date?
What guidance has Landstar System issued on next quarter's earnings?
Landstar System updated its third quarter earnings guidance on Wednesday, July, 25th. The company provided earnings per share (EPS) guidance of $1.58-1.64 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.48. The company issued revenue guidance of $1.175-1.225 billion, compared to the consensus revenue estimate of $1.15 billion.
What price target have analysts set for LSTR?
12 Wall Street analysts have issued 1 year target prices for Landstar System's shares. Their forecasts range from $96.00 to $143.00. On average, they expect Landstar System's stock price to reach $118.7273 in the next year. This suggests a possible upside of 3.4% from the stock's current price. View Analyst Price Targets for Landstar System.
What is the consensus analysts' recommendation for Landstar System?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last year. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Landstar System.
Who are some of Landstar System's key competitors?
Some companies that are related to Landstar System include J B Hunt Transport Services (JBHT), Old Dominion Freight Line (ODFL), Knight-Swift Transportation (KNX), Schneider National (SNDR), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), Marten Transport (MRTN), ArcBest (ARCB), Universal Logistics (ULH), Covenant Transportation Group (CVTI), P.A.M. Transportation Services (PTSI), YRC Worldwide (YRCW), USA Truck (USAK) and Celadon Group (CGI).
Who are Landstar System's key executives?
Landstar System's management team includes the folowing people:
- Mr. James B. Gattoni, Pres, CEO & Director (Age 57)
- Mr. L. Kevin Stout, VP & CFO (Age 49)
- Mr. Joseph J. Beacom, VP and Chief Safety & Operations Officer (Age 54)
- Mr. Michael K. Kneller, VP, Gen. Counsel & Sec. (Age 44)
- Mr. Patrick J. O'Malley, VP and Chief Commercial & Marketing Officer (Age 59)
Has Landstar System been receiving favorable news coverage?
News coverage about LSTR stock has been trending positive on Wednesday, according to Accern Sentiment. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Landstar System earned a news impact score of 0.46 on Accern's scale. They also assigned news stories about the transportation company an impact score of 50.50 out of 100, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days. View Recent Headlines for Landstar System.
Who are Landstar System's major shareholders?
Landstar System's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.22%), Victory Capital Management Inc. (3.64%), FMR LLC (2.48%), Royce & Associates LP (2.47%), Eagle Asset Management Inc. (1.72%) and Clarkston Capital Partners LLC (1.47%). Company insiders that own Landstar System stock include Dr Homaira Akbari, James B Gattoni, Joseph J Beacom, L Kevin Stout, Larry S Thomas, Michael K Kneller and Patrick J O'malley. View Institutional Ownership Trends for Landstar System.
Which institutional investors are selling Landstar System stock?
LSTR stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Dimensional Fund Advisors LP, Renaissance Technologies LLC, Point72 Asset Management L.P., Royce & Associates LP, BlueMountain Capital Management LLC, Acadian Asset Management LLC and Sei Investments Co.. Company insiders that have sold Landstar System company stock in the last year include Dr Homaira Akbari, James B Gattoni, Joseph J Beacom, L Kevin Stout, Michael K Kneller and Patrick J O'malley. View Insider Buying and Selling for Landstar System.
Which institutional investors are buying Landstar System stock?
LSTR stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Smith Asset Management Group LP, Victory Capital Management Inc., Natixis, Fuller & Thaler Asset Management Inc., Ensemble Capital Management LLC, Wells Fargo & Company MN and Precocity Capital LP. View Insider Buying and Selling for Landstar System.
How do I buy shares of Landstar System?
Shares of LSTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Landstar System's stock price today?
One share of LSTR stock can currently be purchased for approximately $114.80.
How big of a company is Landstar System?
Landstar System has a market capitalization of $4.73 billion and generates $3.65 billion in revenue each year. The transportation company earns $177.08 million in net income (profit) each year or $3.75 on an earnings per share basis. Landstar System employs 1,273 workers across the globe.
How can I contact Landstar System?
Landstar System's mailing address is 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL, 32224. The transportation company can be reached via phone at 904-398-9400 or via email at [email protected]
MarketBeat Community Rating for Landstar System (NASDAQ LSTR)
MarketBeat's community ratings are surveys of what our community members think about Landstar System and other stocks. Vote "Outperform" if you believe LSTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LSTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
