Landstar System (LSTR)

• Market cap: $5.3B
• 1 day: -2.53%
• 5 days: -4.02%
• 1 month: -7.25%
• 3 months: -20.79%
• 6 months: -18.61%
• Year to date: -12.94%
• 1 year: -21.07%
• 5 years: 63.76%
• 10 years: 116.20%
• Sector: Industrials
• Industry: Trucking, Except Local

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 Q4 regulatory filings by fund managers ($100M+ AUM)

6% more repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 152

0.28% more ownership

Funds ownership: 98.54% [Q3] → 98.82% (+0.28%) [Q4]

7% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 55

3% less funds holding

Funds holding: 465 [Q3] → 451 (-14) [Q4]

9% less capital invested

Capital invested by funds: $6.6B [Q3] → $6B (-$598M) [Q4]

41% less call options, than puts

Call options by funds: $1.44M | Put options by funds: $2.44M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $169 14% upside
• Avg. target: $173 17% upside
• High target: $177 19% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

JP Morgan Brian Ossenbeck 24% 1-year accuracy 9 / 37 met price target	19% upside $177	Neutral Maintained	30 Jan 2025
Stifel J. Bruce Chan 9% 1-year accuracy 3 / 34 met price target	14% upside $169	Hold Maintained	23 Jan 2025