Research Analysts’ Recent Ratings Changes for Landstar System (LSTR)

Several analysts have recently updated their ratings and price targets for Landstar System (NASDAQ: LSTR):

  • 2/2/2018 – Landstar System had its price target raised by analysts at Buckingham Research from $114.00 to $126.00. They now have a “neutral” rating on the stock.
  • 2/2/2018 – Landstar System had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $125.00 price target on the stock.
  • 2/1/2018 – Landstar System had its “market perform” rating reaffirmed by analysts at Cowen Inc. They now have a $115.00 price target on the stock, up previously from $97.00.
  • 1/26/2018 – Landstar System was upgraded by analysts at Cleveland Research from a “neutral” rating to a “buy” rating.
  • 1/16/2018 – Landstar System was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $121.00 price target on the stock. According to Zacks, “Landstar System, Inc. ( LSTR ) is an asset-light provider of integrated transportation management solutions worldwide. The company delivers safe, specialized transportation services to a broad range of customers utilizing a network of agents, third-party capacity owners and employees. Landstar System transports a variety of freight, including iron and steel, automotive products, paper, lumber, chemicals, foodstuffs, and military hardware. All Landstar transportation services companies are certified to ISO 9001:2008 quality management system standards and RC14001:2013 environmental, health, safety and security management system standards. Landstar System, Inc. is headquartered in Jacksonville, Florida. “
  • 1/12/2018 – Landstar System was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Landstar System, Inc. ( LSTR ) is an asset-light provider of integrated transportation management solutions worldwide. The company delivers safe, specialized transportation services to a broad range of customers utilizing a network of agents, third-party capacity owners and employees. Landstar System transports a variety of freight, including iron and steel, automotive products, paper, lumber, chemicals, foodstuffs, and military hardware. All Landstar transportation services companies are certified to ISO 9001:2008 quality management system standards and RC14001:2013 environmental, health, safety and security management system standards. Landstar System, Inc. is headquartered in Jacksonville, Florida. “
  • 1/10/2018 – Landstar System was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $119.00 price target on the stock. According to Zacks, “Landstar System, Inc. ( LSTR ) is an asset-light provider of integrated transportation management solutions worldwide. The company delivers safe, specialized transportation services to a broad range of customers utilizing a network of agents, third-party capacity owners and employees. Landstar System transports a variety of freight, including iron and steel, automotive products, paper, lumber, chemicals, foodstuffs, and military hardware. All Landstar transportation services companies are certified to ISO 9001:2008 quality management system standards and RC14001:2013 environmental, health, safety and security management system standards. Landstar System, Inc. is headquartered in Jacksonville, Florida. “
  • 1/9/2018 – Landstar System had its “hold” rating reaffirmed by analysts at Robert W. Baird. They now have a $105.00 price target on the stock.
  • 1/8/2018 – Landstar System was upgraded by analysts at Susquehanna Bancshares Inc from a “neutral” rating to a “positive” rating. They now have a $124.00 price target on the stock, up previously from $109.00.
  • 1/3/2018 – Landstar System was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 1/3/2018 – Landstar System was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Landstar System, Inc. ( LSTR ) is an asset-light provider of integrated transportation management solutions worldwide. The company delivers safe, specialized transportation services to a broad range of customers utilizing a network of agents, third-party capacity owners and employees. Landstar System transports a variety of freight, including iron and steel, automotive products, paper, lumber, chemicals, foodstuffs, and military hardware. All Landstar transportation services companies are certified to ISO 9001:2008 quality management system standards and RC14001:2013 environmental, health, safety and security management system standards. Landstar System, Inc. is headquartered in Jacksonville, Florida. “
  • 1/2/2018 – Landstar System was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $118.00 price target on the stock. According to Zacks, “Landstar System, Inc. ( LSTR ) is an asset-light provider of integrated transportation management solutions worldwide. The company delivers safe, specialized transportation services to a broad range of customers utilizing a network of agents, third-party capacity owners and employees. Landstar System transports a variety of freight, including iron and steel, automotive products, paper, lumber, chemicals, foodstuffs, and military hardware. All Landstar transportation services companies are certified to ISO 9001:2008 quality management system standards and RC14001:2013 environmental, health, safety and security management system standards. Landstar System, Inc. is headquartered in Jacksonville, Florida. “

Landstar System, Inc. (NASDAQ:LSTR) opened at $108.65 on Wednesday. The company has a current ratio of 1.75, a quick ratio of 1.96 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $4,423.74, a PE ratio of 25.81, a PEG ratio of 1.57 and a beta of 0.81. Landstar System, Inc. has a 1 year low of $80.00 and a 1 year high of $118.60.

Landstar System (NASDAQ:LSTR) last announced its quarterly earnings data on Wednesday, January 31st. The transportation company reported $1.08 EPS for the quarter, beating the consensus estimate of $1.02 by $0.06. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. Landstar System had a return on equity of 25.30% and a net margin of 4.86%. The company’s revenue was up 17.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.94 EPS. sell-side analysts anticipate that Landstar System, Inc. will post 4.98 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Monday, February 19th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, February 15th. This is a positive change from Landstar System’s previous quarterly dividend of $0.10. This represents a $0.60 annualized dividend and a dividend yield of 0.55%. Landstar System’s dividend payout ratio is 9.50%.

In other news, Director Dr. Homaira Akbari sold 1,000 shares of the stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $98.30, for a total transaction of $98,300.00. Following the transaction, the director now directly owns 6,656 shares in the company, valued at approximately $654,284.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Landstar System, Inc (Landstar) is an asset-light provider of integrated transportation management solutions. The Company offers services to its customers across multiple transportation modes, with the ability to arrange for individual shipments of freight to enterprise solutions to manage customer’s transportation needs.

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