Landstar System
Market Cap
US$4.6b
Last Updated
2019/10/22 23:37 UTC
Data Sources
Company Financials +
Executive Summary
Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally.
Snowflake
Fundamentals
Excellent balance sheet with solid 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
Market Performance
7 Day Return
3.0%
LSTR
4.3%
US Transportation
0.07%
US Market
1 Year Return
14.0%
LSTR
17.7%
US Transportation
8.9%
US Market
Return vs Industry: LSTR matched the US Transportation industry which returned 17.7% over the past year.
Return vs Market: LSTR exceeded the US Market which returned 8.9% over the past year.
Shareholder returns
| LSTR | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.0% | 4.3% | 0.07% |
| 30 Day | 1.9% | 3.0% | -0.3% |
| 90 Day | 3.1% | -4.1% | -1.6% |
| 1 Year | 14.7%14.0% | 19.7%17.7% | 11.3%8.9% |
| 3 Year | 67.9%62.9% | 89.4%80.4% | 46.3%36.8% |
| 5 Year | 63.9%55.2% | 52.5%40.5% | 62.1%44.3% |
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
6 days ago | Simply Wall St
How Many Landstar System, Inc. (NASDAQ:LSTR) Shares Have Insiders Sold, In The Last Year?2 weeks ago | Simply Wall St
Can Landstar System, Inc.'s (NASDAQ:LSTR) ROE Continue To Surpass The Industry Average?3 weeks ago | Simply Wall St
Does Landstar System, Inc. (NASDAQ:LSTR) Have A Volatile Share Price?Valuation
Is Landstar System undervalued compared to its fair value and its price relative to the market?
18x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LSTR ($115.64) is trading above our estimate of fair value ($89.5)
Significantly Below Fair Value: LSTR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LSTR is poor value based on its PE Ratio (18x) compared to the Transportation industry average (18x).
PE vs Market: LSTR is poor value based on its PE Ratio (18x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: LSTR is poor value based on its PEG Ratio (33.2x)
Price to Book Ratio
PB vs Industry: LSTR is overvalued based on its PB Ratio (6.3x) 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 12 analysts?
0.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LSTR's forecast earnings growth (0.5% per year) is below the savings rate (2.7%).
Earnings vs Market: LSTR's earnings (0.5% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: LSTR's earnings are forecast to grow, but not significantly.
Revenue vs Market: LSTR's revenue (1.7% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: LSTR's revenue (1.7% 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 (29.6%)
Next Steps
Past Performance
How has Landstar System performed over the past 5 years?
15.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: LSTR's earnings have grown by 15.9% per year over the past 5 years.
Accelerating Growth: LSTR's earnings growth over the past year (14.4%) is below its 5-year average (15.9% per year).
Earnings vs Industry: LSTR earnings growth over the past year (14.4%) exceeded the Transportation industry -43.6%.
Return on Equity
High ROE: LSTR's Return on Equity (35.7%) is considered high.
Return on Assets
ROA vs Industry: LSTR has a higher Return on Assets than the Transportation industry average last year.
Return on Capital Employed
ROCE Improving: LSTR has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Landstar System's financial position?
Financial Position Analysis
Short Term Liabilities: LSTR's short term assets ($939.3M) exceeds its short term liabilities ($474.3M)
Long Term Liabilities: LSTR's short term assets (939.3M) exceeds its long term liabilities (146.1M)
Debt to Equity History and Analysis
Debt Level: LSTR's debt to equity ratio (6%) is considered satisfactory
Reducing Debt: LSTR's debt to equity ratio has increased from 4% to 6% over the past 5 years.
Debt Coverage: LSTR's debt is well covered by operating cash flow (845.8%).
Interest Coverage: LSTR's interest payments on its debt are well covered by EBIT (103.3x coverage).
Balance Sheet
Inventory Level: LSTR has a high level of physical assets or inventory.
Debt Coverage by Assets: LSTR's debt is covered by short term assets (assets are 21.533760x debt).
Next Steps
Dividend
What is Landstar System's current dividend yield, its reliability and sustainability?
0.64%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: LSTR's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: LSTR's dividend (0.64%) is low compared to the top 25% of dividend payers in the US market (3.68%).
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
What is the CEO of Landstar System's salary, the management and board of directors tenure and is there insider trading?
4.8yrs
Average management tenure
CEO
Jim Gattoni (58yo)
4.8yrs
Tenure
US$5,469,699
Compensation
Mr. James B. Gattoni, also known as Jim, has been the Chief Executive Officer of Landstar System Inc. since December 29, 2014 and has been its President since January 2014. Mr. Gattoni served as the Chief ...
CEO Compensation Analysis
Compensation vs. Market: Jim's total compensation ($USD5.47M) is about average for companies of similar size in the US market ($USD5.11M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% in the past year.
Management Age and Tenure
4.8yrs
Average Tenure
55yo
Average Age
Experienced Management: LSTR's management team is considered experienced (4.8 years average tenure).
Board Age and Tenure
4.8yrs
Average Tenure
61yo
Average Age
Experienced Board: LSTR's board of directors are considered experienced (4.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Senior Key Executive Special Advisor to the Chief Executive Officer |
| Shares | 23,000 |
| Max Price | US$110.82 |
| Entity | Individual |
| Role | Chief Operating Officer VP and Chief Safety & Operations Officer |
| Shares | 5,000 |
| Max Price | US$114.12 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 19,481 |
| Max Price | US$110.68 |
| Entity | Individual |
| Role | Chief Financial Officer VP, CFO & Assistant Secretary |
| Shares | 6,000 |
| Max Price | US$110.99 |
Ownership Breakdown
Management Team
Jim Gattoni (58yo)
President
- Tenure: 4.8yrs
- Compensation: US$5.47m
Joe Beacom (55yo)
VP and Chief Safety & Operations Officer
- Tenure: 8.4yrs
- Compensation: US$2.03m
Michael Kneller (45yo)
VP, General Counsel & Secretary
- Tenure: 14.3yrs
- Compensation: US$2.02m
Ricardo Coro (55yo)
VP & Chief Information Officer
- Tenure: 2.4yrs
Pat O'Malley (60yo)
Special Advisor to the Chief Executive Officer
- Tenure: 0.4yrs
- Compensation: US$2.03m
Patty McMenamin
Vice President of Corporate Communications
- Tenure: 0yrs
L. Stout (50yo)
VP, CFO & Assistant Secretary
- Tenure: 4.8yrs
- Compensation: US$2.32m
Rob Brasher (48yo)
VP & Chief Commercial Officer
- Tenure: 0yrs
Board Members
Diana Murphy (62yo)
Non-Executive Chairman
- Tenure: 4.4yrs
- Compensation: US$237.52k
David Bannister (63yo)
Independent Director
- Tenure: 28.5yrs
- Compensation: US$187.52k
George Scanlon (61yo)
Independent Director
- Tenure: 2.4yrs
- Compensation: US$187.52k
Tony Orlando (59yo)
Independent Director
- Tenure: 4.4yrs
- Compensation: US$188.15k
Jim Gattoni (58yo)
President
- Tenure: 4.8yrs
- Compensation: US$5.47m
Homaira Akbari (58yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$187.52k
Larry Thoele (68yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$187.52k
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: 1968
- Industry: Trucking
- Sector: Transportation
- Market Cap: US$4.583b
- Shares outstanding: 39.63m
- 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. It operates through two segments, Transportation Logistics and Insur ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 23:37 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/29 |
| Annual Earnings | 2018/12/29 |
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.