Zacks Research Weighs in on Landstar System Q1 Earnings

Landstar System, Inc. (NASDAQ:LSTR - Free Report) - Zacks Research issued their Q1 2025 earnings per share (EPS) estimates for shares of Landstar System in a research report issued on Tuesday, April 22nd. Zacks Research analyst S. Goswami anticipates that the transportation company will post earnings per share of $0.92 for the quarter. The consensus estimate for Landstar System's current full-year earnings is $6.10 per share. Zacks Research also issued estimates for Landstar System's FY2025 earnings at $5.54 EPS.

Several other analysts have also recently issued reports on LSTR. Jefferies Financial Group cut their price objective on Landstar System from $170.00 to $150.00 and set a "hold" rating on the stock in a research note on Friday, April 11th. Benchmark reaffirmed a "hold" rating on shares of Landstar System in a research note on Monday, April 14th. TD Cowen lowered their target price on Landstar System from $161.00 to $145.00 and set a "hold" rating on the stock in a report on Thursday, April 3rd. JPMorgan Chase & Co. reduced their price objective on Landstar System from $177.00 to $147.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Finally, Truist Financial reduced their price target on shares of Landstar System from $150.00 to $135.00 and set a "hold" rating for the company in a research report on Thursday. One research analyst has rated the stock with a sell rating and thirteen have assigned a hold rating to the company. Based on data from MarketBeat.com, Landstar System has a consensus rating of "Hold" and an average price target of $155.67.

Landstar System Stock Down 3.5 %

Shares of NASDAQ LSTR traded down $4.92 on Friday, hitting $135.00. The company had a trading volume of 658,922 shares, compared to its average volume of 283,974. The business has a 50 day moving average of $147.24 and a two-hundred day moving average of $166.92. Landstar System has a 12-month low of $128.99 and a 12-month high of $196.86. The company has a quick ratio of 2.21, a current ratio of 1.96 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $4.72 billion, a P/E ratio of 24.46 and a beta of 0.88.

Landstar System (NASDAQ:LSTR - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The transportation company reported $1.31 EPS for the quarter, missing analysts' consensus estimates of $1.35 by ($0.04). Landstar System had a return on equity of 19.56% and a net margin of 4.07%.

Hedge Funds Weigh In On Landstar System

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Roberts Wealth Advisors LLC boosted its stake in shares of Landstar System by 1.3% in the fourth quarter. Roberts Wealth Advisors LLC now owns 4,616 shares of the transportation company's stock valued at $818,000 after buying an additional 60 shares during the period. Colonial Trust Co SC boosted its holdings in Landstar System by 61.7% in the fourth quarter. Colonial Trust Co SC now owns 186 shares of the transportation company's stock valued at $32,000 after acquiring an additional 71 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Landstar System by 2.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,099 shares of the transportation company's stock worth $465,000 after acquiring an additional 85 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in Landstar System by 1.7% during the first quarter. State of Alaska Department of Revenue now owns 6,135 shares of the transportation company's stock worth $921,000 after acquiring an additional 105 shares in the last quarter. Finally, Huntington National Bank increased its holdings in shares of Landstar System by 12.2% during the fourth quarter. Huntington National Bank now owns 1,037 shares of the transportation company's stock valued at $178,000 after acquiring an additional 113 shares in the last quarter. 97.95% of the stock is owned by institutional investors.

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.