Landstar System (NASDAQ:LSTR – Get Free Report) is scheduled to release its earnings data after the market closes on Wednesday, April 24th. Analysts expect Landstar System to post earnings of $1.34 per share for the quarter. Landstar System has set its Q1 guidance at $1.25-1.35 EPS and its Q1 2024 guidance at 1.250-1.350 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Landstar System (NASDAQ:LSTR – Get Free Report) last posted its quarterly earnings data on Wednesday, January 31st. The transportation company reported $1.62 earnings per share for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.01). Landstar System had a net margin of 4.99% and a return on equity of 26.73%. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.25 billion. On average, analysts expect Landstar System to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Landstar System Price Performance
Shares of NASDAQ:LSTR opened at $171.41 on Tuesday. The company has a market capitalization of $6.13 billion, a PE ratio of 23.32, a PEG ratio of 4.50 and a beta of 0.83. The business has a fifty day moving average price of $185.91 and a 200-day moving average price of $183.64. Landstar System has a 1-year low of $161.13 and a 1-year high of $208.62. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.00 and a quick ratio of 2.00.
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Wall Street Analyst Weigh In
Several research firms have issued reports on LSTR. Wells Fargo & Company upped their target price on shares of Landstar System from $165.00 to $180.00 and gave the company an “equal weight” rating in a research note on Friday, February 2nd. Wolfe Research upgraded shares of Landstar System from a “peer perform” rating to an “outperform” rating and set a $205.00 price objective on the stock in a research report on Wednesday, January 10th. Susquehanna cut their target price on shares of Landstar System from $170.00 to $165.00 and set a “neutral” rating for the company in a research report on Monday, March 25th. UBS Group boosted their target price on shares of Landstar System from $175.00 to $200.00 and gave the company a “neutral” rating in a research note on Friday, February 2nd. Finally, Stifel Nicolaus cut their price objective on Landstar System from $171.00 to $166.00 and set a “hold” rating for the company in a report on Friday, February 2nd. Eight research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $184.55.
View Our Latest Stock Analysis on LSTR
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.
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