Landstar System (LSTR) Scheduled to Post Earnings on Tuesday

Landstar System (NASDAQ:LSTR) will be posting its quarterly earnings results after the market closes on Tuesday, October 29th. Analysts expect Landstar System to post earnings of $1.49 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Landstar System Trading Up 0.5 %

Shares of LSTR stock opened at $179.15 on Monday. Landstar System has a fifty-two week low of $161.13 and a fifty-two week high of $201.40. The firm’s 50 day moving average price is $183.80 and its two-hundred day moving average price is $182.40. The stock has a market cap of $6.41 billion, a price-to-earnings ratio of 27.56 and a beta of 0.80. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 0.05.

Analyst Upgrades and Downgrades

LSTR has been the subject of a number of research reports. Raymond James decreased their price target on shares of Landstar System from $205.00 to $195.00 and set an “outperform” rating for the company in a research report on Wednesday, July 31st. Wolfe Research lowered Landstar System from an “outperform” rating to a “peer perform” rating in a research note on Thursday, July 11th. Morgan Stanley reduced their price target on Landstar System from $147.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Monday, July 8th. Evercore ISI decreased their price target on Landstar System from $167.00 to $165.00 and set an “in-line” rating for the company in a report on Thursday, October 3rd. Finally, Stifel Nicolaus dropped their price objective on shares of Landstar System from $164.00 to $160.00 and set a “hold” rating on the stock in a research note on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, Landstar System presently has a consensus rating of “Hold” and a consensus price target of $176.09.

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.