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LSTR

Landstar SystemNasdaqGS:LSTR Stock Report

Market Cap

US$6.4b

7D

-1.3%

1Y

25.8%

Updated

03 Dec, 2021

Data

Company Financials +
LSTR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance6/6
Financial Health5/6
Dividends0/6

LSTR Stock Overview

Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally.

Landstar System Competitors

Old Dominion Freight Line

NasdaqGS:ODFL

US$41.3b

J.B. Hunt Transport Services

NasdaqGS:JBHT

US$20.1b

Knight-Swift Transportation Holdings

NYSE:KNX

US$9.5b

XPO Logistics

NYSE:XPO

US$8.4b

Price History & Performance

Summary of all time highs, changes and price drops for Landstar System
Historical stock prices
Current Share PriceUS$168.00
52 Week HighUS$188.63
52 Week LowUS$128.51
Beta1.03
1 Month Change-7.40%
3 Month Change-0.68%
1 Year Change25.77%
3 Year Change71.81%
5 Year Change90.15%
Change since IPO10,238.46%

Recent News & Updates

Nov 09
Here's Why I Think Landstar System (NASDAQ:LSTR) Might Deserve Your Attention Today

Here's Why I Think Landstar System (NASDAQ:LSTR) Might Deserve Your Attention Today

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Oct 28
Landstar System, Inc. (NASDAQ:LSTR) Shares Could Be 22% Below Their Intrinsic Value Estimate

Landstar System, Inc. (NASDAQ:LSTR) Shares Could Be 22% Below Their Intrinsic Value Estimate

How far off is Landstar System, Inc. ( NASDAQ:LSTR ) from its intrinsic value? Using the most recent financial data...

Oct 03
A Look Into Landstar System's (NASDAQ:LSTR) Impressive Returns On Capital

A Look Into Landstar System's (NASDAQ:LSTR) Impressive Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Sep 29

Landstar System: Great Company, Expensive Stock

I think the disconnect between "price" and "value" has gotten even wider since the last time I wrote about this wonderful business. The difference in results from buying in early August versus early September reminds us of the importance of avoiding overpaying. Just because I don't like the shares at current levels doesn't mean we can't earn a return. I recommend a specific short put trade in this piece.

Shareholder Returns

LSTRUS TransportationUS Market
7D-1.3%-3.1%-2.7%
1Y25.8%9.5%16.6%

Return vs Industry: LSTR exceeded the US Transportation industry which returned 13.5% over the past year.

Return vs Market: LSTR exceeded the US Market which returned 19.4% over the past year.

Price Volatility

Is LSTR's price volatile compared to industry and market?
LSTR volatility
LSTR Average Weekly Movement3.3%
Transportation Industry Average Movement6.7%
Market Average Movement6.1%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: LSTR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: LSTR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19911,320Jim Gattonihttps://www.landstar.com

Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. The company 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 service providers.

Landstar System Fundamentals Summary

How do Landstar System's earnings and revenue compare to its market cap?
LSTR fundamental statistics
Market CapUS$6.40b
Earnings (TTM)US$333.28m
Revenue (TTM)US$5.89b

19.2x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LSTR income statement (TTM)
RevenueUS$5.89b
Cost of RevenueUS$4.59b
Gross ProfitUS$1.20b
ExpensesUS$869.14m
EarningsUS$333.28m

Last Reported Earnings

Sep 25, 2021

Next Earnings Date

Jan 26, 2022

Earnings per share (EPS)8.75
Gross Margin20.41%
Net Profit Margin5.66%
Debt/Equity Ratio9.9%

How did LSTR perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

10%

Payout Ratio

Valuation

Is Landstar System undervalued compared to its fair value and its price relative to the market?

7.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LSTR ($168) is trading below our estimate of fair value ($181.31)

Significantly Below Fair Value: LSTR is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: LSTR is poor value based on its PE Ratio (19.2x) compared to the US Transportation industry average (17.2x).

PE vs Market: LSTR is poor value based on its PE Ratio (19.2x) compared to the US market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: LSTR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: LSTR is overvalued based on its PB Ratio (7.1x) compared to the US Transportation industry average (2.5x).


Future Growth

How is Landstar System forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

-2.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LSTR's earnings are forecast to decline over the next 3 years (-2.2% per year).

Earnings vs Market: LSTR's earnings are forecast to decline over the next 3 years (-2.2% per year).

High Growth Earnings: LSTR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: LSTR's revenue is expected to decline over the next 3 years (-1.1% per year).

High Growth Revenue: LSTR's revenue is forecast to decline over the next 3 years (-1.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LSTR's Return on Equity is forecast to be high in 3 years time (31.4%)


Past Performance

How has Landstar System performed over the past 5 years?

11.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LSTR has high quality earnings.

Growing Profit Margin: LSTR's current net profit margins (5.7%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: LSTR's earnings have grown by 11.3% per year over the past 5 years.

Accelerating Growth: LSTR's earnings growth over the past year (88.3%) exceeds its 5-year average (11.3% per year).

Earnings vs Industry: LSTR earnings growth over the past year (88.3%) exceeded the Transportation industry 54.7%.


Return on Equity

High ROE: LSTR's Return on Equity (37%) is considered high.


Financial Health

How is Landstar System's financial position?


Financial Position Analysis

Short Term Liabilities: LSTR's short term assets ($1.4B) exceed its short term liabilities ($847.3M).

Long Term Liabilities: LSTR's short term assets ($1.4B) exceed its long term liabilities ($167.0M).


Debt to Equity History and Analysis

Debt Level: LSTR has more cash than its total debt.

Reducing Debt: LSTR's debt to equity ratio has increased from 5.5% to 9.9% over the past 5 years.

Debt Coverage: LSTR's debt is well covered by operating cash flow (272.2%).

Interest Coverage: LSTR's interest payments on its debt are well covered by EBIT (110.9x coverage).


Balance Sheet


Dividend

What is Landstar System current dividend yield, its reliability and sustainability?

0.60%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LSTR's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: LSTR's dividend (0.6%) is low compared to the top 25% of dividend payers in the US market (3.61%).


Stability and Growth of Payments

Stable Dividend: LSTR is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: LSTR is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: LSTR is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LSTR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.0yrs

Average management tenure


CEO

Jim Gattoni (60 yo)

7yrs

Tenure

US$2,699,090

Compensation

Mr. James B. Gattoni, also known as Jim, has been the Chief Executive Officer of Landstar System Inc. since December 29, 2014 and has been its President since January 2014. He serves as Principal Financial...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD2.70M) is below average for companies of similar size in the US market ($USD6.35M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: LSTR's management team is seasoned and experienced (7 years average tenure).


Board Members

Experienced Board: LSTR's board of directors are considered experienced (6.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Landstar System, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Landstar System, Inc.
  • Ticker: LSTR
  • Exchange: NasdaqGS
  • Founded: 1991
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$6.402b
  • Shares outstanding: 38.11m
  • Website: https://www.landstar.com

Number of Employees


Location

  • Landstar System, Inc.
  • 13410 Sutton Park Drive South
  • Jacksonville
  • Florida
  • 32224
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/03 23:51
End of Day Share Price2021/12/03 00:00
Earnings2021/09/25
Annual Earnings2020/12/26


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.