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P/E Ratio
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Landstar System Inc Market Cap
From what 17 stock analysts predict, the share price for Landstar System Inc (LSTR) might decrease by 9.24% in the next year. This is based on a 12-month average estimation for LSTR. Price targets go from $143 to $188. The majority of stock analysts believe LSTR is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
About 17 Wall Street analysts have assignedLSTR 0 buy ratings, 16 hold ratings, and 1 sell ratings. This means that analysts expect Landstar System Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LSTR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of LSTR.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Felix Boeschen Raymond James | Market Perform | Downgrade | Nov 15, 2024 | |
| Bascome Majors Susquehanna | Neutral | $160 | Maintains | Nov 1, 2024 |
| Jason Seidl TD Cowen | Hold | $174 | Maintains | Oct 30, 2024 |
| Thomas Wadewitz UBS | Neutral | $186 | Maintains | Oct 30, 2024 |
| Brian Ossenbeck JP Morgan | Neutral | $188 | Maintains | Oct 30, 2024 |
| Jack Atkins Stephens & Co. | Equal-Weight | $180 | Maintains | Oct 30, 2024 |
| Jonathan Chappell Evercore ISI Group | In-Line | $160 | Maintains | Oct 30, 2024 |
| Jordan Alliger Goldman Sachs | Sell | $158 | Maintains | Oct 9, 2024 |
| Jonathan Chappell Evercore ISI Group | In-Line | $165 | Maintains | Oct 3, 2024 |
| J. Bruce Chan Stifel | Hold | $160 | Maintains | Aug 1, 2024 |
| Brian Ossenbeck JP Morgan | Neutral | $188 | Maintains | Jul 31, 2024 |
| Felix Boeschen Raymond James | Outperform | $195 | Maintains | Jul 31, 2024 |
| Bascome Majors Susquehanna | Neutral | $165 | Maintains | Jul 31, 2024 |
| Jason Seidl TD Cowen | Hold | $176 | Maintains | Jul 31, 2024 |
| Christopher Kuhn Benchmark | Hold | Reiterates | Jul 31, 2024 | |
| Scott Group Wolfe Research | Peer Perform | Downgrade | Jul 11, 2024 | |
| Ravi Shanker Morgan Stanley | Equal-Weight | $145 | Maintains | Jul 8, 2024 |
| Jonathan Chappell Evercore ISI Group | In-Line | $173 | Maintains | Jun 25, 2024 |
| Felix Boeschen Raymond James | Outperform | $205 | Reinstates | May 15, 2024 |
| J. Bruce Chan Stifel | Hold | $164 | Maintains | Apr 29, 2024 |
When did it IPO
1993
Staff Count
1,500
Country
United States
Sector/Industry
Industrials/Integrated Freight & Logistics
CEO
Mr. Frank A. Lonegro
Market Cap
$6.65B
In 2023, LSTR generated $5.30B in revenue, which was a decrease of -28.69% from the previous year. This can be seen as a signal that LSTR's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 29 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Landstar System (LSTR) showcases strong returns and operational efficiency with its asset-light model, despite recent revenue declines. Its net cash position supports resilience and long-term profitability.
Why It Matters - Landstar's asset-light model and strong cash position provide resilience amid revenue declines, suggesting potential for sustained profitability and attractiveness in a cyclical market.
Thu, 28 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Landstar (LSTR) reported earnings 30 days ago; investors should monitor upcoming developments and forecasts for the stock's performance.
Why It Matters - Earnings reports impact stock performance, influencing investor sentiment and future projections. Analysts will watch for guidance on growth and market conditions following Landstar's recent results.
Tue, 12 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - LSTR faces challenges due to decreased demand for freight services and an oversupply of truck capacity.
Why It Matters - Reduced demand for freight services and increased truck capacity can lead to lower revenues and profit margins for LSTR, impacting its stock performance and investor returns.
Wed, 30 Oct 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - LSTR reported a year-over-year decline in both earnings and revenues for the third quarter of 2024.
Why It Matters - Declining earnings and revenues for LSTR signal potential financial instability, impacting stock performance and investor confidence.
Tue, 29 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Landstar System, Inc. will hold its Q3 2024 earnings conference call on October 29, 2024, at 4:30 PM ET, featuring key executives and analysts from various financial institutions.
Why It Matters - Landstar's Q3 earnings call provides key insights into its financial performance and strategic direction, influencing stock valuations and investor sentiment.
Tue, 29 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Landstar System, Inc. reported Q3 2024 EPS of $1.41 on revenue of $1.214 billion. Despite a challenging freight environment, truck revenue per load rose 3.2% sequentially from Q2.
Why It Matters - Landstar's Q3 EPS of $1.41 on $1.214 billion revenue indicates resilience amid a challenging freight environment. The sequential truck revenue growth suggests potential for recovery, impacting investor sentiment.
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