Landstar SystemLSTR
Market Cap: $6.38B
About: Landstar System is an agent based asset-light third-party logistics provider focused on domestic truck brokerage (90% of revenue). Historically, around half of its truck transportation freight is hauled by leased owner-operators with the remainder hauled by third-party broker-carriers. To a smaller degree, it offers intermodal, global air and ocean forwarding, and warehousing services. Landstar also runs a small business that offers insurance programs to captive owner-operators. It has a long history of industry-leading execution and operating profitability.
Employees: 1,468
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
25% more call options, than puts
Call options by funds: $40.2M | Put options by funds: $32.1M
1% less funds holding
Funds holding: 463 [Q1] → 459 (-4) [Q2]
7% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 56
8.59% less ownership
Funds ownership: 106.62% [Q1] → 98.03% (-8.59%) [Q2]
12% less capital invested
Capital invested by funds: $7.34B [Q1] → $6.47B (-$871M) [Q2]
15% less repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 173
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Stifel J. Bruce Chan 53% 1-year accuracy 18 / 34 met price target | 11%downside $160 | Hold Maintained | 1 Aug 2024 |
TD Cowen Jason Seidl 53% 1-year accuracy 9 / 17 met price target | 2%downside $176 | Hold Maintained | 31 Jul 2024 |
JP Morgan Brian Ossenbeck 50% 1-year accuracy 23 / 46 met price target | 4%upside $188 | Neutral Maintained | 31 Jul 2024 |
Raymond James Felix Boeschen 0% 1-year accuracy 0 / 3 met price target | 8%upside $195 | Outperform Maintained | 31 Jul 2024 |
Susquehanna Bascome Majors 59% 1-year accuracy 26 / 44 met price target | 8%downside $165 | Neutral Maintained | 31 Jul 2024 |
Financial journalist opinion
Based on 4 articles about LSTR published over the past 30 days