Landstar System
Market Cap
US$4.4b
Last Updated
2020/06/03 02:07 UTC
Data Sources
Company Financials +
Executive Summary
Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally.
Rewards
PE ratio (22.3x) is below the Transportation industry average (22.6x)
Risk Analysis
No risks detected for LSTR from our risk checks.
Snowflake Analysis
Flawless balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has Landstar System's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LSTR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.2%
LSTR
1.4%
US Transportation
2.4%
US Market
1 Year Return
15.4%
LSTR
-5.5%
US Transportation
9.2%
US Market
Return vs Industry: LSTR exceeded the US Transportation industry which returned -3.8% over the past year.
Return vs Market: LSTR exceeded the US Market which returned 9.3% over the past year.
Shareholder returns
| LSTR | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | 1.4% | 2.4% |
| 30 Day | 14.6% | 15.8% | 10.2% |
| 90 Day | 15.4% | 10.1% | 3.4% |
| 1 Year | 18.3%15.4% | -4.2%-5.5% | 11.6%9.2% |
| 3 Year | 44.6%37.6% | 52.2%44.4% | 33.7%24.9% |
| 5 Year | 82.6%72.1% | 87.5%70.5% | 59.7%41.8% |
Price Volatility Vs. Market
How volatile is Landstar System's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Landstar System, Inc. (NASDAQ:LSTR) Insiders Have Been Selling2 weeks ago | Simply Wall St
Why Landstar System, Inc.’s (NASDAQ:LSTR) Return On Capital Employed Is Impressive4 weeks ago | Simply Wall St
Is There Now An Opportunity In Landstar System, Inc. (NASDAQ:LSTR)?Valuation
Is Landstar System undervalued compared to its fair value and its price relative to the market?
22.28x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LSTR ($115.62) is trading above our estimate of fair value ($83.67)
Significantly Below Fair Value: LSTR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LSTR is good value based on its PE Ratio (22.3x) compared to the Transportation industry average (22.6x).
PE vs Market: LSTR is poor value based on its PE Ratio (22.3x) compared to the US market (15.7x).
Price to Earnings Growth Ratio
PEG Ratio: LSTR is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: LSTR is overvalued based on its PB Ratio (7.1x) compared to the US Transportation industry average (2.3x).
Next Steps
Future Growth
How is Landstar System forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
12.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LSTR's forecast earnings growth (12.6% per year) is above the savings rate (2.2%).
Earnings vs Market: LSTR's earnings (12.6% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: LSTR's earnings are forecast to grow, but not significantly.
Revenue vs Market: LSTR's revenue (5.9% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: LSTR's revenue (5.9% per year) is forecast to grow slower than 20% 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 (26.7%)
Next Steps
Past Performance
How has Landstar System performed over the past 5 years?
14.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LSTR has high quality earnings.
Growing Profit Margin: LSTR's current net profit margins (5.2%) are lower than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: LSTR's earnings have grown by 14.3% per year over the past 5 years.
Accelerating Growth: LSTR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LSTR had negative earnings growth (-21.3%) over the past year, making it difficult to compare to the Transportation industry average (-11.5%).
Return on Equity
High ROE: LSTR's Return on Equity (32.7%) is considered high.
Next Steps
Financial Health
How is Landstar System's financial position?
Financial Position Analysis
Short Term Liabilities: LSTR's short term assets ($816.2M) exceed its short term liabilities ($464.8M).
Long Term Liabilities: LSTR's short term assets ($816.2M) exceed its long term liabilities ($144.5M).
Debt to Equity History and Analysis
Debt Level: LSTR's debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: LSTR's debt to equity ratio has reduced from 5.9% to 5.7% over the past 5 years.
Debt Coverage: LSTR's debt is well covered by operating cash flow (793.4%).
Interest Coverage: LSTR's interest payments on its debt are well covered by EBIT (82.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Landstar System's current dividend yield, its reliability and sustainability?
0.64%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LSTR's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: LSTR's dividend (0.64%) is low compared to the top 25% of dividend payers in the US market (4.55%).
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?
5.5yrs
Average management tenure
CEO
Jim Gattoni (58yo)
5.5yrs
Tenure
US$2,645,790
Compensation
Mr. James B. Gattoni, also known as Jim, has been the Chief Executive Officer of Landstar System Inc. since December 29, 2014 and has been its President since January 2014. Mr. Gattoni served as the Chief ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD2.65M) is below average for companies of similar size in the US market ($USD5.87M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.5yrs | US$2.65m | 0.25% $11.2m | |
| VP, CFO & Assistant Secretary | 5.5yrs | US$1.03m | 0.10% $4.5m | |
| VP and Chief Safety & Operations Officer | 9.08yrs | US$1.26m | 0.11% $4.8m | |
| VP & Chief Information Officer | 3.08yrs | US$822.84k | 0.022% $990.2k | |
| VP, General Counsel & Secretary | 15yrs | US$1.04m | 0.17% $7.3m | |
| Vice President of Corporate Communications | no data | no data | no data | |
| VP & Chief Commercial Officer | no data | no data | 0.028% $1.2m |
5.5yrs
Average Tenure
52.5yo
Average Age
Experienced Management: LSTR's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.5yrs | US$2.65m | 0.25% $11.2m | |
| Independent Chairman | 5.08yrs | US$235.53k | 0.086% $3.8m | |
| Independent Director | 29.17yrs | US$185.53k | 0.083% $3.7m | |
| Independent Director | 3.08yrs | US$185.53k | 0.011% $500.9k | |
| Independent Director | 5.08yrs | US$186.98k | 0.018% $794.6k | |
| Independent Director | 7.42yrs | US$185.53k | 0.025% $1.1m | |
| Independent Director | 7.42yrs | US$185.53k | 0.038% $1.7m |
5.4yrs
Average Tenure
61yo
Average Age
Experienced Board: LSTR's board of directors are considered experienced (5.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LSTR insiders have only sold shares 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 company bio, 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$4.436b
- Shares outstanding: 38.37m
- Website: https://www.landstar.com
Number of Employees
Location
- Landstar System, Inc.
- 13410 Sutton Park Drive South
- Jacksonville
- Florida
- 32224
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LSTR | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Mar 1993 |
| LDS | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 1993 |
Biography
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. It provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. This segment serves the automotive products, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment industries. The Insurance segment reinsures certain risks of the company’s independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was incorporated in 1991 and is headquartered in Jacksonville, Florida.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/03 02:07 |
| End of Day Share Price | 2020/06/02 00:00 |
| Earnings | 2020/03/28 |
| Annual Earnings | 2019/12/28 |
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.