Landstar SystemLSTR
LSTR
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
4% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 51
0% more funds holding
Funds holding: 461 [Q2] → 463 (+2) [Q3]
8% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 171
8% less capital invested
Capital invested by funds: $7.05B [Q2] → $6.48B (-$567M) [Q3]
10.04% less ownership
Funds ownership: 106.81% [Q2] → 96.77% (-10.04%) [Q3]
53% less call options, than puts
Call options by funds: $3.62M | Put options by funds: $7.78M
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$158
8%
downside
Avg. target
$172
0%
upside
High target
$188
9%
upside
7 analyst ratings
0 positive
0%
6 neutral
86%
1 negative
14%
Susquehanna Bascome Majors 53% 1-year accuracy 21 / 40 met price target | 7%downside $160 | Neutral Maintained | 1 Nov 2024 |
TD Cowen Jason Seidl 62% 1-year accuracy 26 / 42 met price target | 1%upside $174 | Hold Maintained | 30 Oct 2024 |
Stephens & Co. Jack Atkins 67% 1-year accuracy 4 / 6 met price target | 4%upside $180 | Equal-Weight Maintained | 30 Oct 2024 |
JP Morgan Brian Ossenbeck 50% 1-year accuracy 18 / 36 met price target | 9%upside $188 | Neutral Maintained | 30 Oct 2024 |
Evercore ISI Group Jonathan Chappell 34% 1-year accuracy 10 / 29 met price target | 7%downside $160 | In-Line Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 5 articles about LSTR published over the past 30 days
Negative
Zacks Investment Research
1 day ago
Landstar Continues to Grapple With Weakness in Freight Market
Weakness in overall volumes due to headwinds like weak freight demand, supply-chain woes and slower network velocity are hurting LSTR's top line.
Positive
Zacks Investment Research
1 week ago
Landstar Cheers Investors With Special One-time Cash Dividend
LSTR's announcement of a special one-time cash dividend highlights its financial bliss.
Neutral
GlobeNewsWire
1 week ago
Landstar Announces Special Dividend
JACKSONVILLE, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ-LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced that on December 9, 2024, its Board of Directors has declared a special one-time cash dividend in the amount of $2.00 per share, payable on January 21, 2025, to stockholders of record as of the close of business on January 7, 2025.
Positive
Seeking Alpha
3 weeks ago
Landstar: A Sparkling Logistic Company And A Value Opportunity
Landstar System, a profitable asset-light logistics firm, maintains high flexibility and robust returns on capital and assets, despite slightly lower margins. The company's unique model, leveraging third-party owner-operators, reduces capital requirements and enhances operational efficiency, providing a strong economic moat. Despite recent revenue declines due to cyclical demand, LSTR's lean structure and net cash position ensure resilience and long-term profitability.
Positive
Zacks Investment Research
3 weeks ago
Landstar (LSTR) Up 5.2% Since Last Earnings Report: Can It Continue?
Landstar (LSTR) reported earnings 30 days ago. What's next for the stock?
Negative
Zacks Investment Research
1 month ago
Here's Why Investors Should Give Landstar Stock a Miss Now
LSTR is affected by reduced demand for freight services and increased truck capacity.
Negative
Zacks Investment Research
1 month ago
Landstar Q3 Earnings & Revenues Miss Estimates, Decrease Y/Y
LSTR's third-quarter 2024 earnings and revenues decrease year over year.
Neutral
Seeking Alpha
1 month ago
Landstar System, Inc. (LSTR) Q3 2024 Earnings Call Transcript
Landstar System, Inc. (NASDAQ:LSTR ) Q3 2024 Earnings Conference Call October 29, 2024 4:30 PM ET Company Participants Frank Lonegro - President, Chief Executive Officer Jim Todd - Vice President, Chief Financial Officer Joe Beacom - Vice President, Chief Safety and Operations Officer Jim Applegate - Vice President, Chief Corporate Sales, Strategy and Specialized Freight Officer Matt Dannegger - Vice President and Chief Field Sales Officer Conference Call Participants Brian Ossenbeck - JP Morgan Tom Ridgway - UBS Jordan Alliger - Goldman Sachs Jon Chappell - Evercore ISI Scott Group - Wolfe Research Daniel Imbro - Stephens Elliot Alper - TD Cowen Stephanie Moore - Jefferies David Hicks - Raymond James Financial Operator Good afternoon, and welcome to Landstar Systems Incorporated Third Quarter Earnings Release Conference Call. All lines will be in a listen-only mode until the formal question-and-answer session.
Negative
Zacks Investment Research
1 month ago
Landstar System (LSTR) Lags Q3 Earnings and Revenue Estimates
Landstar System (LSTR) came out with quarterly earnings of $1.41 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.71 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Landstar System Reports Third Quarter Revenue of $1.214B and Earnings Per Share of $1.41
JACKSONVILLE, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported basic and diluted earnings per share (“EPS”) of $1.41 in the 2024 third quarter on revenue of $1.214 billion. “Consistent with the first half of 2024, the freight environment during the third quarter remained challenging. The Landstar team of independent business owners and employees continued to perform admirably given this backdrop,” said Landstar President and Chief Executive Officer Frank Lonegro. “I was encouraged that Landstar achieved a 3.2% sequential increase in truck revenue per load compared to the 2024 second quarter, outperforming typical seasonality. This result was driven by a strong month-over-month truck revenue per load increase in July, but tapered off as we moved through August and September, in part due to tougher prior month comparisons. Regardless of the freight environment, the thousands of Landstar BCOs, agents and employees in our network continue to strive each day to improve our safety performance and deliver great service to our customers.”
Charts implemented using Lightweight Charts™