Landstar System (NASDAQ:LSTR) Releases Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Landstar System (NASDAQ:LSTR) released its quarterly earnings data on Wednesday. The transportation company reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.04), Zacks reports. Landstar System had a net margin of 4.32% and a return on equity of 20.68%. Landstar System updated its Q1 2025 guidance to 1.050-1.250 EPS.

Landstar System Stock Down 1.7 %

NASDAQ LSTR opened at $172.92 on Thursday. Landstar System has a twelve month low of $164.04 and a twelve month high of $197.16. The stock has a market cap of $6.11 billion, a PE ratio of 29.66 and a beta of 0.83. The firm has a 50-day simple moving average of $177.67 and a 200 day simple moving average of $182.26. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.21 and a current ratio of 2.21.

Landstar System Increases Dividend

The business also recently disclosed a special dividend, which was paid on Tuesday, January 21st. Stockholders of record on Tuesday, January 7th were issued a dividend of $2.00 per share. This is an increase from Landstar System’s previous special dividend of $1.50. The ex-dividend date was Tuesday, January 7th. Landstar System’s payout ratio is presently 24.70%.

Insider Activity at Landstar System

In other news, CFO James P. Todd sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $184.32, for a total transaction of $184,320.00. Following the completion of the transaction, the chief financial officer now directly owns 14,083 shares of the company’s stock, valued at approximately $2,595,778.56. This trade represents a 6.63 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on LSTR shares. Raymond James cut Landstar System from an “outperform” rating to a “market perform” rating in a research note on Friday, November 15th. JPMorgan Chase & Co. boosted their target price on shares of Landstar System from $184.00 to $188.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. TD Cowen cut their price target on shares of Landstar System from $176.00 to $174.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. The Goldman Sachs Group decreased their price objective on shares of Landstar System from $165.00 to $158.00 and set a “sell” rating for the company in a report on Wednesday, October 9th. Finally, Susquehanna cut their target price on Landstar System from $165.00 to $160.00 and set a “neutral” rating on the stock in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating and twelve have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, Landstar System has an average rating of “Hold” and a consensus price target of $172.27.

About Landstar System

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.