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
Current SymbolNASDAQ:LSTR
Previous Symbol
CUSIP51509810
Phone904-398-9400
Debt
Debt-to-Equity Ratio0.10
Current Ratio1.94
Quick Ratio1.94
Price-To-Earnings
Trailing P/E Ratio16.72
Forward P/E Ratio15.38
P/E Growth1.14
Sales & Book Value
Annual Sales$3.65 billion
Price / Sales1.05
Cash Flow$4.7193 per share
Price / Cash Flow19.81
Book Value$15.57 per share
Price / Book6.00
Profitability
EPS (Most Recent Fiscal Year)$3.75
Net Income$177.08 million
Net Margins5.61%
Return on Equity33.82%
Return on Assets17.29%
Miscellaneous
Employees1,273
Outstanding Shares41,110,000
Market Cap$3.84 billion
OptionableOptionable
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 declared a quarterly dividend on Wednesday, October 24th. Investors of record on Tuesday, November 13th will be given a dividend of $0.165 per share on Friday, December 7th. This represents a $0.66 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date is Friday, November 9th. View Landstar System's Dividend History.
How will Landstar System's stock buyback program work?
Landstar System declared that its board has authorized a share buyback plan on Friday, December 15th 2017, which permits the company to buyback 1,960,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board believes its stock is undervalued.
How were Landstar System's earnings last quarter?
Landstar System, Inc. (NASDAQ:LSTR) posted its quarterly earnings data on Wednesday, October, 24th. The transportation company reported $1.63 EPS for the quarter, topping analysts' consensus estimates of $1.60 by $0.03. The transportation company earned $1.20 billion during the quarter, compared to analyst estimates of $1.20 billion. Landstar System had a net margin of 5.61% and a return on equity of 33.82%. 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 fourth quarter earnings guidance on Wednesday, October, 24th. The company provided earnings per share (EPS) guidance of $1.56-1.62 for the period, compared to the Thomson Reuters consensus estimate of $1.59. The company issued revenue guidance of $1.18-1.23 billion, compared to the consensus revenue estimate of $1.21 billion.Landstar System also updated its Q4 2018 guidance to $1.56-1.62 EPS.
What price target have analysts set for LSTR?
14 Wall Street analysts have issued 1-year target prices for Landstar System's stock. Their forecasts range from $96.00 to $143.00. On average, they anticipate Landstar System's share price to reach $115.3333 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price. View Analyst Price Targets for Landstar System.
What is the consensus analysts' recommendation for Landstar System?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last year. There are currently 2 sell ratings, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Landstar System.
Has Landstar System been receiving favorable news coverage?
News articles about LSTR stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Landstar System earned a news impact score of 1.0 on InfoTrie's scale. They also gave news articles about the transportation company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
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), Heartland Express (HTLD), Saia (SAIA), 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 (CGIP).
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)
Who are Landstar System's major shareholders?
Landstar System's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.08%), Vanguard Group Inc. (8.97%), Vanguard Group Inc (8.97%), Atlanta Capital Management Co. L L C (5.73%), Victory Capital Management Inc. (3.71%) and JPMorgan Chase & Co. (2.41%). Company insiders that own Landstar System stock include Dr Homaira Akbari, James B Gattoni, Joseph J Beacom, L Kevin Stout, Michael K Kneller and Patrick J O'malley. View Institutional Ownership Trends for Landstar System.
Which major investors are selling Landstar System stock?
LSTR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Royce & Associates LP, BlackRock Inc., SG Americas Securities LLC, First Trust Advisors LP, Eaton Vance Management, Martingale Asset Management L P and Canada Pension Plan Investment Board. Company insiders that have sold Landstar System company stock in the last year include Joseph J Beacom and Patrick J O'malley. View Insider Buying and Selling for Landstar System.
Which major investors are buying Landstar System stock?
LSTR stock was acquired by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Hennessy Advisors Inc., Clearbridge Investments LLC, AQR Capital Management LLC, Fuller & Thaler Asset Management Inc., Prudential Financial Inc., Morgan Stanley and Federated Investors Inc. PA. 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 $93.49.
How big of a company is Landstar System?
Landstar System has a market capitalization of $3.84 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.
What is Landstar System's official website?
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.
