Landstar System, Inc. (NASDAQ:LSTR) Forecasted to Post Q1 2025 Earnings of $1.63 Per Share

Landstar System, Inc. (NASDAQ:LSTRFree Report) – Equities researchers at Zacks Research reduced their Q1 2025 earnings estimates for shares of Landstar System in a research note issued on Wednesday, July 17th. Zacks Research analyst S. Goswami now expects that the transportation company will post earnings of $1.63 per share for the quarter, down from their previous estimate of $1.64. The consensus estimate for Landstar System’s current full-year earnings is $6.24 per share.

Landstar System (NASDAQ:LSTRGet Free Report) last posted its earnings results on Wednesday, April 24th. The transportation company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.04. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.12 billion. Landstar System had a net margin of 4.63% and a return on equity of 23.11%.

Several other analysts have also commented on the company. Raymond James began coverage on Landstar System in a report on Wednesday, May 15th. They set an “outperform” rating and a $205.00 target price on the stock. Wolfe Research cut shares of Landstar System from an “outperform” rating to a “peer perform” rating in a research note on Thursday, July 11th. Evercore ISI increased their price target on shares of Landstar System from $161.00 to $173.00 and gave the stock an “in-line” rating in a report on Tuesday, June 25th. Morgan Stanley cut their price objective on shares of Landstar System from $147.00 to $145.00 and set an “equal weight” rating for the company in a report on Monday, July 8th. Finally, Stifel Nicolaus lowered their target price on shares of Landstar System from $166.00 to $164.00 and set a “hold” rating on the stock in a research note on Monday, April 29th. Eleven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $182.55.

Get Our Latest Research Report on Landstar System

Landstar System Price Performance

Shares of LSTR opened at $184.15 on Monday. The business’s 50-day moving average is $181.69 and its two-hundred day moving average is $184.88. The company has a market capitalization of $6.59 billion, a P/E ratio of 28.33 and a beta of 0.80. Landstar System has a fifty-two week low of $161.13 and a fifty-two week high of $208.62. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.22 and a current ratio of 2.22.

Institutional Investors Weigh In On Landstar System

Several institutional investors have recently bought and sold shares of the company. Mather Group LLC. acquired a new position in shares of Landstar System during the first quarter valued at approximately $27,000. Massmutual Trust Co. FSB ADV raised its stake in Landstar System by 108.8% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 142 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 74 shares during the last quarter. SRS Capital Advisors Inc. lifted its holdings in Landstar System by 209.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 192 shares of the transportation company’s stock valued at $37,000 after purchasing an additional 130 shares in the last quarter. Montag A & Associates Inc. purchased a new position in Landstar System in the 4th quarter valued at $48,000. Finally, GAMMA Investing LLC acquired a new stake in Landstar System during the 4th quarter worth $58,000. 97.95% of the stock is currently owned by institutional investors and hedge funds.

About Landstar System

(Get Free Report)

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.

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Earnings History and Estimates for Landstar System (NASDAQ:LSTR)

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