Landstar System (NASDAQ:LSTR) Posts Earnings Results

Landstar System (NASDAQ:LSTR) released its quarterly earnings results on Wednesday. The transportation company reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.04), Zacks reports. Landstar System had a return on equity of 19.37% and a net margin of 4.07%. Landstar System updated its Q1 2025 guidance to 1.050-1.250 EPS.

Landstar System Stock Performance

LSTR traded down $0.43 on Friday, hitting $166.51. 22,939 shares of the stock traded hands, compared to its average volume of 314,134. The business has a fifty day moving average price of $177.67 and a two-hundred day moving average price of $182.26. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $5.88 billion, a PE ratio of 30.22 and a beta of 0.83. Landstar System has a 52 week low of $163.18 and a 52 week high of $197.16.

Landstar System Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend is Tuesday, February 18th. Landstar System’s dividend payout ratio (DPR) is presently 26.09%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Raymond James cut Landstar System from an “outperform” rating to a “market perform” rating in a research report on Friday, November 15th. JPMorgan Chase & Co. decreased their price objective on shares of Landstar System from $184.00 to $177.00 and set a “neutral” rating for the company in a report on Thursday. Stephens dropped their target price on shares of Landstar System from $190.00 to $180.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 30th. TD Cowen decreased their price target on shares of Landstar System from $176.00 to $174.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Finally, The Goldman Sachs Group lowered their price target on Landstar System from $165.00 to $158.00 and set a “sell” rating on the stock in a research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating and twelve have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $171.27.

Insiders Place Their Bets

In related news, CFO James P. Todd sold 1,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $184.32, for a total value of $184,320.00. Following the sale, the chief financial officer now owns 14,083 shares of the company’s stock, valued at $2,595,778.56. The trade was a 6.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Landstar System Company Profile

Landstar System, Inc provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. It 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 and less-than-truckload services.