NASDAQ:LSTR - Landstar System Stock Price, News, & Analysis

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$108.53 -2.81 (-2.52 %)
(As of 03/19/2019 12:02 PM ET)
Previous Close$111.34
Today's Range$108.45 - $111.50
52-Week Range$90.23 - $128.70
Volume12,084 shs
Average Volume318,894 shs
Market Capitalization$4.35 billion
P/E Ratio17.80
Dividend Yield0.60%
Beta1.2
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 service providers. It 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. This segment serves the 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.

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Industry, Sector and Symbol

Industry Trucking, except local
Sub-IndustryTrucking
SectorTransportation
Current SymbolNASDAQ:LSTR
CUSIP51509810
Phone904-398-9400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.62 billion
Cash Flow$7.3981 per share
Book Value$17.18 per share

Profitability

Net Income$255.28 million

Miscellaneous

Employees1,306
Market Cap$4.35 billion
Next Earnings Date4/24/2019 (Estimated)
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 announced a quarterly dividend on Friday, February 1st. Stockholders of record on Monday, February 18th will be given a dividend of $0.165 per share on Friday, March 15th. This represents a $0.66 annualized dividend and a dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, February 14th. View Landstar System's Dividend History.

How will Landstar System's stock buyback program work?

Landstar System declared that its Board of Directors has authorized a share buyback plan on Friday, December 15th 2017, which authorizes the company to buyback 1,960,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

How were Landstar System's earnings last quarter?

Landstar System, Inc. (NASDAQ:LSTR) posted its earnings results on Wednesday, January, 30th. The transportation company reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.58 by $0.10. The transportation company earned $1.18 billion during the quarter, compared to analyst estimates of $1.21 billion. Landstar System had a return on equity of 36.70% and a net margin of 5.53%. The business's revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.51 EPS. View Landstar System's Earnings History.

When is Landstar System's next earnings date?

Landstar System is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Landstar System.

How can I listen to Landstar System's earnings call?

Landstar System will be holding an earnings conference call on Thursday, April 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Landstar System issued an update on its first quarter 2019 earnings guidance on Wednesday, January, 30th. The company provided earnings per share (EPS) guidance of $1.51-1.57 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.42. The company issued revenue guidance of $1.025-1.075 billion, compared to the consensus revenue estimate of $1.1 billion.

What price target have analysts set for LSTR?

13 brokerages have issued 1-year price objectives 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 $113.60 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Landstar System.

What is the consensus analysts' recommendation for Landstar System?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Landstar System in the last year. There are currently 2 sell ratings, 7 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?

Press coverage about LSTR stock has trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Landstar System earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned news stories about the transportation company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of Landstar System's key competitors?

What other stocks do shareholders of Landstar System own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Landstar System investors own include Intel (INTC), Cisco Systems (CSCO), Boeing (BA), NVIDIA (NVDA), IBM (IBM), Gilead Sciences (GILD), Mcdonald's (MCD), Exxon Mobil (XOM), UnitedHealth Group (UNH) and AbbVie (ABBV).

Who are Landstar System's key executives?

Landstar System's management team includes the folowing people:
  • Mr. James B. Gattoni, Pres, CEO & Director (Age 58)
  • Mr. L. Kevin Stout, VP & CFO (Age 50)
  • Mr. Joseph J. Beacom, VP and Chief Safety & Operations Officer (Age 55)
  • Mr. Michael K. Kneller, VP, Gen. Counsel & Sec. (Age 45)
  • Mr. Patrick J. O'Malley, VP and Chief Commercial & Marketing Officer (Age 60)

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. (13.16%), Atlanta Capital Management Co. L L C (5.71%), Victory Capital Management Inc. (4.18%), FMR LLC (2.21%), Kayne Anderson Rudnick Investment Management LLC (2.09%) and Royce & Associates LP (2.03%). 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 institutional investors are selling Landstar System stock?

LSTR stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Smith Asset Management Group LP, Millennium Management LLC, Los Angeles Capital Management & Equity Research Inc., Royce & Associates LP, Hennessy Advisors Inc., First Trust Advisors LP and Martingale Asset Management L P. Company insiders that have sold Landstar System company stock in the last year include James B Gattoni, Joseph J Beacom, L Kevin Stout 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., Norges Bank, Northern Trust Corp, Victory Capital Management Inc., Vaughan Nelson Investment Management L.P., MERIAN GLOBAL INVESTORS UK Ltd, Gotham Asset Management LLC and APG Asset Management N.V.. 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 $108.53.

How big of a company is Landstar System?

Landstar System has a market capitalization of $4.35 billion and generates $4.62 billion in revenue each year. The transportation company earns $255.28 million in net income (profit) each year or $6.18 on an earnings per share basis. Landstar System employs 1,306 workers across the globe.

What is Landstar System's official website?

The official website for Landstar System is http://www.landstar.com.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  410 (Vote Outperform)
Underperform Votes:  617 (Vote Underperform)
Total Votes:  1,027
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.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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