LSTR - Landstar System, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
92.32
-0.94 (-1.01%)
At close: 4:00PM EDT
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Previous Close93.26
Open93.02
Bid0.01 x 1300
Ask100.00 x 800
Day's Range90.83 - 94.08
52 Week Range85.30 - 120.23
Volume313,891
Avg. Volume386,985
Market Cap3.645B
Beta (5Y Monthly)1.15
PE Ratio (TTM)16.14
EPS (TTM)5.72
Earnings DateApr 21, 2020
Forward Dividend & Yield0.74 (0.79%)
Ex-Dividend DateFeb 12, 2020
1y Target Est110.20
  • Do Hedge Funds Love Landstar System, Inc. (LSTR)?
    Insider Monkey

    Do Hedge Funds Love Landstar System, Inc. (LSTR)?

    We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

  • Is Landstar System (NASDAQ:LSTR) A Risky Investment?
    Simply Wall St.

    Is Landstar System (NASDAQ:LSTR) A Risky Investment?

    Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

  • Landstar BCOs Will Get $1k/Week If Hit By COVID-19
    Benzinga

    Landstar BCOs Will Get $1k/Week If Hit By COVID-19

    Landstar System, Inc. (NASDAQ: LSTR) business capacity owners who are diagnosed with the COVID-19 virus or need to quarantine will receive $1,000 per week for up to two weeks to help tie them over financially.Landstar's BCOs are the independent contractors who haul loads for Landstar. In the fourth quarter of 2019, they carried 45% of the company's loads as measured by revenue, while what Landstar described as "brokerage carriers" carried 47%. The BCOs' share was up two percentage points from the fourth quarter of 2018. Landstar defines an active carrier as a driver who "moved at least one load in the 180 days immediately preceding the fiscal quarter end.""During this crisis, Landstar has temporarily authorized monies for any Landstar business capacity owner (BCO) who is diagnosed with COVID-19 and/or is required to be quarantined by a public health authority," Landstar said in a prepared statement. The two-week time span approximates the amount of time a person needs to recover or spend in quarantine, according to Landstar. "We hope our BCOs stay healthy and never need to take advantage of this relief effort," the company said in both its statement and its announcement to the BCOs. "We all must also recognize though the possibility that a Landstar BCO may be diagnosed with COVID-19 or ordered to stay home because of a mandatory quarantine. The intent of this new program is to make it easier for a BCO to stay home and take care of his or her health with less worry about paying bills during this unpredictable time."The policy was disclosed to the BCOs in a gathering called the Thursday Safety Conference Call. The BCOs in the fourth quarter carried loads with average revenue per load of $1,918 compared to a company-wide average of $1,773 for dry vans, $2,523 for what the company called "unsided/platform equipment" which would be mostly flatbed, and $632 for LTL. That company-wide total averaged out at $1,877, about $41 less than figure for BCO-only loads.Some analysts have said they look at the BCO numbers as a strong indicator of capacity. In the fourth quarter of 2019, Landstar said it had 9,554 BCOs compared to 9,884 BCOs in the fourth quarter of 2018. At the end of 4Q 2019, there were 39,497 "approved and active" BCOs compared to 41,069 in the fourth quarter of 2018. The category of "other approved" brought the 4Q 2019 total to 65,871 compared to 68,938 a year earlier. See more from Benzinga * Stifel Sees Decent Volumes Near Term, 2Q In Jeopardy * Trucking Carriers Call For A Second Half Recovery, But Does The Data Support It? * Landstar Still Waiting On Inflection In Demand And Capacity(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Landstar System, Inc.'s (NASDAQ:LSTR) Earnings Dropped -11%, How Did It Fare Against The Industry?
    Simply Wall St.

    Landstar System, Inc.'s (NASDAQ:LSTR) Earnings Dropped -11%, How Did It Fare Against The Industry?

    For long-term investors, assessing earnings trend over time and against industry benchmarks is more beneficial than...

  • Why Is Landstar (LSTR) Down 8% Since Last Earnings Report?
    Zacks

    Why Is Landstar (LSTR) Down 8% Since Last Earnings Report?

    Landstar (LSTR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Did Landstar System's (NASDAQ:LSTR) Share Price Deserve to Gain 59%?
    Simply Wall St.

    Did Landstar System's (NASDAQ:LSTR) Share Price Deserve to Gain 59%?

    If you want to compound wealth in the stock market, you can do so by buying an index fund. But in our experience...

  • Benzinga

    Trucking Carriers Call For A Second Half Recovery, But Does The Data Support It?

    Two historical freight market troughs in 2011 and 2013 support the idea that rapidly contracting absolute capacity coupled with even modest economic growth should yield higher spot rates. Truckload carriers were virtually unanimous in their belief that freight markets – and, most importantly, trucking rates – will mount a significant recovery in the second half of 2020. In our view, it's important to distinguish between absolute and relative capacity because, for example, the total number of trucks available for dispatch could remain constant while freight volumes decline, which would have the effect of loosening relative capacity.

  • Thomson Reuters StreetEvents

    Edited Transcript of LSTR earnings conference call or presentation 30-Jan-20 1:00pm GMT

    Q4 2019 Landstar System Inc Earnings Call

  • Landstar System, Inc. Just Released Its Full-Year Results And Analysts Are Updating Their Estimates
    Simply Wall St.

    Landstar System, Inc. Just Released Its Full-Year Results And Analysts Are Updating Their Estimates

    Last week, you might have seen that Landstar System, Inc. (NASDAQ:LSTR) released its full-year result to the market...

  • Insurance claims, soft market lower Landstar's Q4 earnings
    American City Business Journals

    Insurance claims, soft market lower Landstar's Q4 earnings

    Landstar's CEO talks truck capacity, California's independent contractor law and insurance costs.

  • Landstar (LSTR) Stock Down on Q4 Earnings Miss, Y/Y Decline
    Zacks

    Landstar (LSTR) Stock Down on Q4 Earnings Miss, Y/Y Decline

    Below par performance of the truck transportation segment dents Landstar System's (LSTR) fourth-quarter 2019 results.

  • Benzinga

    Landstar Still Waiting On Inflection In Demand And Capacity

    Landstar System's Inc. (NASDAQ: LSTR) conference call with analysts and investors on Thursday was summed up best by company President and CEO Jim Gattoni. For starters, the company's guidance calls for loads hauled via truck and revenue per truck load to decline in the mid-single-digit range year-over-year, in line with what the market has yielded to Landstar so far in January. Gattoni said that Landstar has seen some stability in volume and price so far this year, but noted that the market remains soft.

  • Benzinga

    Insurance, Claims Drive Landstar Earnings Miss; Deadly Accident To Impact First Quarter

    Asset-light third-party logistics provider Landstar System's Inc. (NASDAQ: LSTR) fourth quarter results came in light of analysts' expectations and its own guidance. "During the 2019 fourth quarter, we incurred $7.2 million of unfavorable development of prior year claims that drove actual insurance and claims costs to 5.7 percent of BCO revenue in the quarter," Landstar President and CEO Jim Gattoni stated in a press release issued after the close Wednesday. The company's original guide for the fourth quarter assumed insurance and claims expenses to be 3.6% of BCO revenue.

  • Landstar System (LSTR) Lags Q4 Earnings Estimates
    Zacks

    Landstar System (LSTR) Lags Q4 Earnings Estimates

    Landstar (LSTR) delivered earnings and revenue surprises of -9.93% and 0.24%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Transportation Stocks' Jan 29 Earnings Roster: NSC, CP & More
    Zacks

    Transportation Stocks' Jan 29 Earnings Roster: NSC, CP & More

    Cost-control efforts are likely to have aided most transportation companies' Q4 to cope with low revenues caused by weak freight demand.

  • Analysts Estimate Landstar System (LSTR) to Report a Decline in Earnings: What to Look Out for
    Zacks

    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.

  • At US$115, Is Landstar System, Inc. (NASDAQ:LSTR) Worth Looking At Closely?
    Simply Wall St.

    At US$115, Is Landstar System, Inc. (NASDAQ:LSTR) Worth Looking At Closely?

    Landstar System, Inc. (NASDAQ:LSTR), which is in the transportation business, and is based in United States, saw its...

  • GlobeNewswire

    Landstar to Release Fourth Quarter Results on Wednesday, January 29, 2020

    JACKSONVILLE, Fla., Jan. 15, 2020 -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe,.

  • How Jacksonville businesses might be hurt by a new California law
    American City Business Journals

    How Jacksonville businesses might be hurt by a new California law

    California's new law regulating gig workers could have a big impact on Jacksonville-based Landstar Systems Inc. — and perhaps other local companies in the transportation industry — if it is allowed to go into affect. Caught up in that definition: Owner-operators, which are truck drivers who own their own rigs and work on a contract basis. This would impact companies like Landstar, one of the largest companies to contract with owner-operators truck drivers in the country.

  • Why Landstar System, Inc. (NASDAQ:LSTR) Looks Like A Quality Company
    Simply Wall St.

    Why Landstar System, Inc. (NASDAQ:LSTR) Looks Like A Quality Company

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • Landstar (LSTR) Board Boosts Buyback Program by 1.8M Shares
    Zacks

    Landstar (LSTR) Board Boosts Buyback Program by 1.8M Shares

    Landstar's (LSTR) commitment to reward its shareholders despite a declining top line due to soft freight conditions is noteworthy.

  • Benzinga

    Landstar Ends Sour 2019 On High, Announces $2 Special Dividend

    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 ...

  • GlobeNewswire

    Landstar Announces Increase to Stock Purchase Program and Special Dividend

    JACKSONVILLE, Florida, Dec. 10, 2019 -- Landstar System, Inc. (NASDAQ-LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering.

  • Is Landstar System, Inc. (LSTR) A Good Stock To Buy?
    Insider Monkey

    Is Landstar System, Inc. (LSTR) A Good Stock To Buy?

    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 […]

  • Does Landstar System, Inc. (NASDAQ:LSTR) Have A Volatile Share Price?
    Simply Wall St.

    Does Landstar System, Inc. (NASDAQ:LSTR) Have A Volatile Share Price?

    If you're interested in Landstar System, Inc. (NASDAQ:LSTR), then you might want to consider its beta (a measure of...