Industrials - Integrated Freight & Logistics - NASDAQ - US
$ 182.82
-2.45 %
$ 6.46 B
Market Cap
31.36
P/E
Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. The company 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, small package 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.[ Read More ]
The intrinsic value of one LSTR stock under the base case scenario is HIDDEN Compared to the current market price of 183 USD, Landstar System, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart LSTR
FINANCIALS
5.3 B
REVENUE
344 M
OPERATING INCOME
264 M
NET INCOME
394 M
OPERATING CASH FLOW
-6.48 M
INVESTING CASH FLOW
-248 M
FINANCING CASH FLOW
1.21 B
REVENUE
63.1 M
OPERATING INCOME
50 M
NET INCOME
83.1 M
OPERATING CASH FLOW
-739 K
INVESTING CASH FLOW
-51.2 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Landstar System, Inc.
| Current Assets | 1.35 B |
| Cash & Short-Term Investments | 541 M |
| Receivables | 787 M |
| Other Current Assets | 24.9 M |
| Non-Current Assets | 449 M |
| Long-Term Investments | 92.1 M |
| PP&E | 286 M |
| Other Non-Current Assets | 71 M |
| Current Liabilities | 675 M |
| Accounts Payable | 396 M |
| Short-Term Debt | 89.4 M |
| Other Current Liabilities | 190 M |
| Non-Current Liabilities | 143 M |
| Long-Term Debt | 43.3 M |
| Other Non-Current Liabilities | 99.4 M |
EFFICIENCY
Earnings Waterfall
Landstar System, Inc.
| Revenue | 5.3 B |
| Cost Of Revenue | 4.59 B |
| Gross Profit | 714 M |
| Operating Expenses | 380 M |
| Operating Income | 344 M |
| Other Expenses | 79.8 M |
| Net Income | 264 M |
RATIOS
13.47%
GROSS MARGIN
6.49%
OPERATING MARGIN
4.99%
NET MARGIN
26.87%
ROE
14.67%
ROA
25.00%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Landstar System, Inc.
| Net Income | 264 M |
| Depreciation & Amortization | 58.2 M |
| Capital Expenditures | -25.7 M |
| Stock-Based Compensation | 4.28 M |
| Change in Working Capital | 196 M |
| Others | -17 M |
| Free Cash Flow | 368 M |
Wall Street Analysts Price Targets
Landstar System, Inc.
Wall Street analysts predict an average 1-year price target for LSTR of $166 , with forecasts ranging from a low of $145 to a high of $195 .
LSTR Lowest Price Target
Wall Street Target
145 USD
-20.69%
LSTR Average Price Target
Wall Street Target
166 USD
-9.41%
LSTR Highest Price Target
Wall Street Target
195 USD
6.66%
4. DIVIDEND ANALYSIS
0.19%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Landstar System, Inc.
Sold
0-3 MONTHS
1.95 M USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
3.28 M USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 week ago
Nov 06, 2024
|
Sell 184 K USD
|
Todd James P
VP and CFO |
- 1000
|
184.32 USD |
|
2 weeks ago
Nov 01, 2024
|
Sell 882 K USD
|
BANNISTER DAVID G/
Director |
- 5000
|
176.3673 USD |
|
1 week ago
Nov 04, 2024
|
Sell 885 K USD
|
BANNISTER DAVID G/
Director |
- 5000
|
177 USD |
|
9 months ago
Feb 05, 2024
|
Sell 2.33 M USD
|
Kneller Michael K
VP General Counsel & Secy |
- 12219
|
190.3013 USD |
|
9 months ago
Feb 05, 2024
|
Sell 953 K USD
|
CORO RICARDO S
Vice President - CIO |
- 5000
|
190.5579 USD |
|
1 year ago
Aug 01, 2023
|
Sell 2.02 M USD
|
Beacom Joseph J
VP, CSO, COO |
- 10000
|
202.2272 USD |
|
1 year ago
May 30, 2023
|
Sell 3.96 M USD
|
Gattoni James B
President & CEO |
- 22500
|
175.9511 USD |
|
1 year ago
Feb 09, 2023
|
Sell 554 K USD
|
CORO RICARDO S
Vice President - CIO |
- 3000
|
184.6277 USD |
|
1 year ago
Feb 09, 2023
|
Sell 1.28 M USD
|
Beacom Joseph J
VP, CSO, COO |
- 7000
|
182.941 USD |
|
2 years ago
Nov 01, 2022
|
Sell 314 K USD
|
Kneller Michael K
VP General Counsel & Secy |
- 2000
|
157.2315 USD |
|
2 years ago
Oct 31, 2022
|
Sell 3.12 M USD
|
Gattoni James B
President & CEO |
- 20000
|
155.8562 USD |
|
2 years ago
Aug 17, 2022
|
Sell 448 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 2863
|
156.5564 USD |
|
2 years ago
Aug 17, 2022
|
Sell 178 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 1137
|
156.1422 USD |
|
2 years ago
Mar 15, 2022
|
Bought 76.9 K USD
|
Akbari Dr. Homaira
director: |
+ 500
|
153.8 USD |
|
2 years ago
Feb 24, 2022
|
Bought 303 K USD
|
Akbari Dr. Homaira
Director |
+ 2000
|
151.3003 USD |
|
3 years ago
Apr 30, 2021
|
Sell 3.43 M USD
|
Gattoni James B
President & CEO |
- 20000
|
171.3587 USD |
|
3 years ago
Feb 03, 2021
|
Sell 721 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 5000
|
144.2342 USD |
|
4 years ago
Oct 27, 2020
|
Sell 1.3 M USD
|
Stout L Kevin
VP, CFO and Asst Secretary |
- 10000
|
129.9228 USD |
|
4 years ago
Oct 26, 2020
|
Sell 1.7 M USD
|
Kneller Michael K
VP General Counsel & Secy |
- 13100
|
130.0055 USD |
|
4 years ago
Oct 26, 2020
|
Sell 2.6 M USD
|
Gattoni James B
President & CEO |
- 20000
|
130.0334 USD |
|
4 years ago
Aug 26, 2020
|
Sell 67.5 K USD
|
Akbari Dr. Homaira
Director |
- 500
|
135 USD |
|
4 years ago
Aug 20, 2020
|
Sell 46.2 K USD
|
Akbari Dr. Homaira
Director |
- 350
|
132 USD |
|
4 years ago
Aug 06, 2020
|
Sell 378 K USD
|
Thoele Larry J
Director |
- 3000
|
125.9355 USD |
|
4 years ago
Jul 27, 2020
|
Sell 980 K USD
|
MURPHY DIANA M
Director |
- 8000
|
122.4495 USD |
|
4 years ago
Jun 02, 2020
|
Sell 172 K USD
|
ORLANDO ANTHONY J
Director |
- 1500
|
114.8 USD |
|
4 years ago
May 27, 2020
|
Sell 576 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 5000
|
115.2423 USD |
|
4 years ago
May 21, 2020
|
Sell 752 K USD
|
Kneller Michael K
VP General Counsel & Secy |
- 6678
|
112.5658 USD |
|
4 years ago
Feb 06, 2020
|
Sell 1.63 M USD
|
Stout L Kevin
VP, CFO and Asst Secretary |
- 14335
|
113.921 USD |
|
4 years ago
Feb 06, 2020
|
Sell 2.84 M USD
|
Gattoni James B
President & CEO |
- 25000
|
113.6624 USD |
|
5 years ago
Nov 06, 2019
|
Sell 586 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 5000
|
117.2276 USD |
|
5 years ago
Nov 05, 2019
|
Sell 826 K USD
|
MURPHY DIANA M
Director |
- 7000
|
117.9636 USD |
|
5 years ago
May 06, 2019
|
Sell 2.55 M USD
|
O'Malley Patrick J
VP, CCO, CMO |
- 23000
|
110.8207 USD |
|
5 years ago
Apr 29, 2019
|
Sell 571 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 5000
|
114.1227 USD |
|
5 years ago
Feb 22, 2019
|
Sell 2.16 M USD
|
Gattoni James B
President & CEO |
- 19481
|
110.6817 USD |
|
5 years ago
Feb 19, 2019
|
Sell 666 K USD
|
Stout L Kevin
VP, CFO and Asst Secretary |
- 6000
|
110.987 USD |
|
6 years ago
Sep 05, 2018
|
Sell 359 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 3000
|
119.5167 USD |
|
6 years ago
Jun 12, 2018
|
Sell 209 K USD
|
O'Malley Patrick J
VP, CCO, CMO |
- 1812
|
115.6153 USD |
|
6 years ago
Nov 24, 2017
|
Sell 98.3 K USD
|
Akbari Dr. Homaira
Director |
- 1000
|
98.3 USD |
|
7 years ago
Nov 07, 2017
|
Sell 591 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 6000
|
98.4996 USD |
|
7 years ago
Nov 08, 2017
|
Sell 373 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 3805
|
98.0284 USD |
|
7 years ago
Nov 06, 2017
|
Sell 495 K USD
|
Stout L Kevin
VP, CFO and Asst Secretary |
- 5000
|
99 USD |
|
7 years ago
Nov 03, 2017
|
Sell 1.48 M USD
|
Gattoni James B
President & CEO |
- 15000
|
98.7249 USD |
|
7 years ago
Oct 31, 2017
|
Sell 990 K USD
|
Kneller Michael K
VP General Counsel & Secy |
- 10000
|
99.001 USD |
|
7 years ago
Jun 01, 2017
|
Sell 501 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 6000
|
83.5032 USD |
|
7 years ago
Mar 15, 2017
|
Sell 467 K USD
|
Stout L Kevin
VP, CFO and Asst Secretary |
- 5448
|
85.65 USD |
|
7 years ago
Mar 02, 2017
|
Sell 350 K USD
|
Gattoni James B
President & CEO |
- 4000
|
87.5542 USD |
|
7 years ago
Feb 14, 2017
|
Sell 214 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 2463
|
87 USD |
|
7 years ago
Feb 06, 2017
|
Sell 1.39 M USD
|
O'Malley Patrick J
VP, CCO, CMO |
- 16500
|
84.44 USD |
|
8 years ago
Nov 17, 2016
|
Sell 1.21 M USD
|
Kneller Michael K
VP General Counsel & Secy |
- 15000
|
80.7 USD |
|
8 years ago
Nov 16, 2016
|
Sell 406 K USD
|
Thomas Larry S
Vice President - CIO |
- 5035
|
80.5689 USD |
|
8 years ago
Nov 17, 2016
|
Sell 19.7 K USD
|
Thomas Larry S
Vice President - CIO |
- 245
|
80.586 USD |
|
8 years ago
Nov 15, 2016
|
Sell 970 K USD
|
MURPHY DIANA M
Director |
- 12000
|
80.869 USD |
|
8 years ago
Nov 11, 2016
|
Sell 240 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 3000
|
79.8903 USD |
|
8 years ago
Nov 10, 2016
|
Sell 397 K USD
|
Stout L Kevin
VP, CFO and Asst Secretary |
- 5000
|
79.3182 USD |
|
8 years ago
Nov 10, 2016
|
Sell 397 K USD
|
Stout L Kevin
VP, CFO and Asst Secretary |
- 5000
|
79.3182 USD |
|
8 years ago
Aug 02, 2016
|
Sell 124 K USD
|
O'Malley Patrick J
VP, CCO, CMO |
- 1787
|
69.1701 USD |
|
8 years ago
Jun 06, 2016
|
Sell 272 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 3987
|
68.1 USD |
|
8 years ago
Nov 25, 2015
|
Sell 16.8 K USD
|
Stout L Kevin
VP, CFO and Asst Secretary |
- 269
|
62.4301 USD |
|
8 years ago
Nov 24, 2015
|
Sell 16.8 K USD
|
Stout L Kevin
VP, CFO and Asst Secretary |
- 269
|
62.42 USD |
|
9 years ago
Jul 29, 2015
|
Sell 638 K USD
|
O'Malley Patrick J
VP, CCO, CMO |
- 9000
|
70.8362 USD |
|
9 years ago
Jul 30, 2015
|
Sell 130 K USD
|
O'Malley Patrick J
VP, CCO, CMO |
- 1816
|
71.7456 USD |
|
9 years ago
Jun 12, 2015
|
Sell 168 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 2500
|
67.2828 USD |
|
9 years ago
Jun 08, 2015
|
Bought 267 K USD
|
ORLANDO ANTHONY J
Director |
+ 4000
|
66.7626 USD |
|
10 years ago
Nov 04, 2014
|
Sell 1.77 M USD
|
GERKENS HENRY H
Chairman & CEO |
- 23517
|
75.2141 USD |
|
10 years ago
Oct 30, 2014
|
Sell 398 K USD
|
Thomas Larry S
Vice President - CIO |
- 5400
|
73.737 USD |
|
10 years ago
Oct 27, 2014
|
Sell 295 K USD
|
Gattoni James B
President & CFO |
- 4000
|
73.7883 USD |
|
10 years ago
Jul 31, 2014
|
Sell 364 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 5463
|
66.55 USD |
|
10 years ago
Mar 14, 2014
|
Sell 2 M USD
|
GERKENS HENRY H
Chairman & CEO |
- 32909
|
60.6639 USD |
|
10 years ago
Mar 10, 2014
|
Sell 417 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 6800
|
61.3839 USD |
|
10 years ago
Feb 20, 2014
|
Sell 408 K USD
|
O'Malley Patrick J
VP, CCO, CMO |
- 6982
|
58.4873 USD |
|
10 years ago
Feb 14, 2014
|
Sell 970 K USD
|
GERKENS HENRY H
Chairman & CEO |
- 16500
|
58.8019 USD |
|
10 years ago
Feb 18, 2014
|
Sell 793 K USD
|
GERKENS HENRY H
Chairman & CEO |
- 13500
|
58.7509 USD |
|
10 years ago
Feb 10, 2014
|
Sell 557 K USD
|
Thomas Larry S
Vice President - CIO |
- 9815
|
56.7445 USD |
|
11 years ago
Sep 03, 2013
|
Sell 1.42 M USD
|
GERKENS HENRY H
Chairman,President & CEO |
- 25883
|
54.8528 USD |
|
11 years ago
Aug 23, 2013
|
Sell 283 K USD
|
Beacom Joseph J
VP, CSO, COO |
- 5000
|
56.628 USD |
7. News
Here's Why Investors Should Give Landstar Stock a Miss Now
LSTR is affected by reduced demand for freight services and increased truck capacity.
zacks.com
- 4 days ago
Landstar Q3 Earnings & Revenues Miss Estimates, Decrease Y/Y
LSTR's third-quarter 2024 earnings and revenues decrease year over year.
zacks.com
- 2 weeks 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.
seekingalpha.com
- 2 weeks 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.
zacks.com
- 2 weeks 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.”
globenewswire.com
- 2 weeks ago
Analysts Estimate Landstar System (LSTR) to Report a Decline in Earnings: What to Look Out for
Landstar (LSTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 3 weeks ago
Landstar to Release Third Quarter Results on Tuesday, October 29, 2024
JACKSONVILLE, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 third quarter results after the market closes on Tuesday, October 29, 2024, and will then hold its quarterly conference call with analysts and investors at 4:30 p.m. ET that evening to discuss the third quarter results and current outlook. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's Third Quarter 2024 Earnings Release Conference Call."
globenewswire.com
- 1 month ago
Here's Why Investors Should Hold on to Landstar Stock Now
LSTR is bolstered by its shareholder-friendly efforts and strong liquidity. However, the freight market downturn is a headwind.
zacks.com
- 1 month ago
Lodestar Metals Announces Termination of Investor Relations Agreement with Grant Galloway
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - Lodestar Metals (TSXV: LSTR) (OTCQB: SVTNF) ("Lodestar" or the "Company"), today announces the termination of its investor relations agreement with Grant Galloway. The decision to terminate the agreement, effective immediately, was made after careful consideration of the Company's strategic direction and ongoing challenges in meeting the terms of the agreement.
newsfilecorp.com
- 2 months ago
Landstar Grapples With Weak Freight Market and Operating Expenses
LSTR is affected by reduced demand for freight services and increased truck capacity.
zacks.com
- 2 months ago
Why Is Landstar (LSTR) Down 4.2% Since Last Earnings Report?
Landstar (LSTR) reported earnings 30 days ago. What's next for the stock?
zacks.com
- 2 months ago
Here's Why You Should Give Landstar (LSTR) Stock a Miss Now
Landstar (LSTR) expects third-quarter 2024 truckloads to decline between 6% and 10% on a year-over-year basis.
zacks.com
- 3 months ago
8. Profile Summary
Landstar System, Inc. LSTR
COUNTRY
US
INDUSTRY
Integrated Freight & Logistics
MARKET CAP
$ 6.46 B
Dividend Yield
0.19%
Description
Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. The company 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, small package 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 parts and assemblies, consumer durables, 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.
Contact
13410 Sutton Park Drive South, Jacksonville, FL, 32224
https://www.landstar.com
IPO Date
March 5, 1993
Employees
1500
Officers
Mr. Ricardo S. Coro
Vice President & Chief Information Officer
Ms. Aimee M. Cooper
Vice President & Chief Administrative Officer
Mr. Frank A. Lonegro
President, Chief Executive Officer & Director
Mr. Matt Dannegger
Vice President & Chief Field Sales Officer
Mr. James P. Todd
Vice President, Principal Accounting Officer & Chief Financial Officer
Mr. Joseph J. Beacom
Vice President and Chief Safety & Operations Officer
Mr. James Applegate
Vice President and Chief Corporate Sales, Strategy & Specialized Freight Officer
Mr. Michael K. Kneller
Vice President, General Counsel & Secretary