Landstar System, Inc (NASDAQ: LSTR) is -19.51% lower on its value in year-to-date trading and has touched a low of $128.99 and a high of $194.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LSTR stock was last observed hovering at around $146.55 in the last trading session, with the day’s loss setting it -0.67%.
Currently trading at $145.88, the stock is 4.14% and 4.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing -0.46% at the moment leaves the stock -9.57% off its SMA200. LSTR registered -14.11% loss for a year compared to 6-month loss of -14.40%.
The stock witnessed a 3.84% gain in the last 1 month and extending the period to 3 months gives it a -3.98%, and is 6.18% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.18% over the week and 2.70% over the month.
Landstar System, Inc (LSTR) has around 1441 employees, a market worth around $5.10B and $4.80B in sales. Current P/E ratio is 28.93 and Fwd P/E is 23.01. Profit margin for the company is 3.72%. Distance from 52-week low is 13.09% and -25.01% from its 52-week high. The company has generated returns on investments over the last 12 months (17.99%).
The EPS is expected to shrink by -11.57% this year
The shares outstanding are 34.95M, and float is at 34.58M with Short Float at 4.15%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 3.44 million shares valued at $635.05 million. The investor’s holdings represent 9.6549 of the LSTR Shares outstanding. As of 2024-06-30, the second largest holder is KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC with 3.22 million shares valued at $593.62 million to account for 9.025 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.18 million shares representing 8.9183 and valued at over $586.6 million, while MORGAN STANLEY holds 8.4249 of the shares totaling 3.0 million with a market value of $554.14 million.
Landstar System, Inc (LSTR) Insider Activity
The most recent transaction is an insider sale by Todd James P, the company’s VP and CFO. SEC filings show that Todd James P sold 1,000 shares of the company’s common stock on Nov 06 ’24 at a price of $184.32 per share for a total of $0.18 million. Following the sale, the insider now owns 14083.0 shares.
Landstar System, Inc disclosed in a document filed with the SEC on Nov 04 ’24 that BANNISTER DAVID G/ (Director) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Nov 04 ’24 and was made at $177.00 per share for $0.89 million. Following the transaction, the insider now directly holds 24645.0 shares of the LSTR stock.
Still, SEC filings show that on Nov 01 ’24, BANNISTER DAVID G/ (Director) disposed off 5,000 shares at an average price of $176.37 for $0.88 million. The insider now directly holds 29,645 shares of Landstar System, Inc (LSTR).
