|Bid||100.00 x 30000|
|Ask||101.00 x 30000|
|Day's Range||100.00 - 100.00|
|52 Week Range||80.85 - 107.00|
|Beta (5Y Monthly)||1.24|
|PE Ratio (TTM)||16.30|
|Forward Dividend & Yield||0.67 (0.66%)|
|1y Target Est||N/A|
Landstar System Inc. 's (NASDAQ: LSTR ) board of directors has authorized the payment of a one-time special dividend of $2 per share. 2019 has not been kind to freight brokers, especially those with significant ...
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
Landstar System, Inc. (NASDAQ: LSTR) reported third quarter earnings per share (EPS) of $1.35, coming in significantly below analyst estimates. Analyst estimates put third quarter 2019 revenue at $1.03 billion. At the time, Landstar President and Chief Executive Officer Jim Gattoni said he expected the company to hit the low end of its previously issued revenue guidance and miss the low end of its prior EPS range this quarter.
Equity analysts have been busy in the last few days lowering estimates on many publicly traded transportation companies. For most truckload (TL) carriers, 2019 started with the coffers refilled coming off of the exceptional strength of a hot freight market in 2018. In the first quarter of 2019, the TL carriers had a bit of an earnings buffer as contractual rates were higher on a year-over-year comparison.
In an 8-k filing with the Securities and Exchange Commission, Landstar System, Inc. (NASDAQ: LSTR ) announced that third quarter 2019 earnings expectations will fall short of its prior guidance due to ...
At the time, Landstar's President and Chief Executive Officer Jim Gattoni said weak truckload spot market fundamentals resulted in a 1 percent year-over-year decline in volumes and a low double-digit decline in truck revenue per load through the first two months of the second quarter. LSTR reported an 11.6 percent revenue decline year-over-year to $1.045 billion, with gross profit (revenue less the cost of purchased transportation and commissions to agents) down 7.8 percent to $158 million in the period. "Landstar's business model performed very well in the 2019 second quarter given the significant change in U.S. freight dynamics from 2018 to 2019.
Add Landstar System (NASDAQ: LSTR) to the growing list of companies seeing the pain from excess truck capacity and lower demand. The company announced that it may not be able to meet the low-end of its guidance range as truckload spot market fundamentals remain weak. Landstar's President and Chief Executive Officer Jim Gattoni was on hand to deliver the news at Deutsche Bank's Tenth Annual Global Industrials and Materials Summit in Chicago, Illinois.
Landstar System (NASDAQ: LSTR) named Robert Brasher as its new vice president and chief commercial officer, effective June 3, 2019. Brasher, a 19-year veteran of the asset-light logistics company, succeeds Patrick J. O'Malley, who has been in the role since 2011. A 34-year veteran of Landstar, O'Malley also served as Operations Coordinator, Director of Fleet Management, Landstar Vice President of Safety and President of the Landstar Carrier Group.
Asset-light transportation solutions provider Landstar System, Inc. (NASDAQ: LSTR) reported first quarter earnings per share (EPS) of $1.58, $0.21 higher year-over-year and $0.07 better than the consensus estimate. On its earnings call, management said that the overall freight brokerage market feels much like 2015 to 2016 and acknowledged that some incremental capacity has shown up in the dry van truck market with a better supply-demand balance being seen on the flatbed side. Roughly 30 percent of Landstar's business is flatbed (platform or unsided trailers) and the company doesn't see as much brokerage competition in this market because it believes that the barriers to entry are higher and that some degree of human involvement is required to match loads with carriers.
Landstar System, Inc. (NASDAQ: LSTR ) reported first quarter earnings per share (EPS) of $1.58, compared to the consensus estimate of $1.51 and $0.21 higher than the 2018 first quarter. LSTR saw revenue ...
The Jacksonville, Florida-based company said it had net income of $1.58 per share. The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research ...
The president and CIO of Ensemble Capital is wicked smart and a great teacher. Read on for his take on qualitative vs. quantitative investing and so much more.
Landstar System Inc is an asset-light provider of integrated transportation management solutions. The dividend yield of Landstar System Inc stocks is 0.58%. Landstar System Inc had annual average EBITDA growth of 7.90% over the past ten years.
Landstar System, Inc. reported (NASDAQ: LSTR) record revenue and profit for the fourth quarter as the slowing growth of truckload rates was offset with steady volumes. The Jacksonville-based asset-light truckload provider reported fourth quarter revenue of $1.182 billion, a 12 percent increase from the year before. Full-year results of $4.6 billion showed even better gains, a 26 percent increase from the year before.
The Jacksonville, Florida-based company said it had net income of $1.68 per share. The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research ...