UBS initiated coverage on Landstar System with a new price target
$LSTR
Trucking Freight/Courier Services
Industrials
UBS initiated coverage of Landstar System with a rating of Neutral and set a new price target of $209.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/30/2024 | $176.00 → $174.00 | Hold | TD Cowen |
| 7/31/2024 | $171.00 → $176.00 | Hold | TD Cowen |
| 7/11/2024 | Outperform → Peer Perform | Wolfe Research | |
| 5/15/2024 | $205.00 | Outperform | Raymond James |
| 1/10/2024 | $205.00 | Peer Perform → Outperform | Wolfe Research |
| 12/11/2023 | $186.00 | Neutral | JP Morgan |
| 8/17/2023 | $209.00 | Neutral | UBS |
| 2/6/2023 | $200.00 | Mkt Perform → Outperform | Raymond James |
JACKSONVILLE, Fla., March 18, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions, today announced that two Landstar veterans have been promoted to lead Landstar's sales organization as executive officers of the Company. Effective today, Matt Dannegger has been appointed Chief Field Sales Officer, and Jim Applegate has been appointed Chief Corporate Sales, Strategy and Specialized Freight Officer. "Together, Matt and Jim will lead the sales team as we align the organization for future growth and success. They are a great blend of complementary capabilities and I'm excited to have them le
JACKSONVILLE, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.41 in the 2024 third quarter on revenue of $1.214 billion. "Consistent with the first half of 2024, the freight environment during the third quarter remained challenging. The Landstar team of independent business owners and employees continued to perform admirably given this backdrop," said Landstar President and Chief Executive Officer Frank Lonegro. "I was encouraged that Landstar achieved a 3.2% sequential increase in truck revenue per load compared to the 2024 second quarter, outperforming typical seaso
JACKSONVILLE, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 third quarter results after the market closes on Tuesday, October 29, 2024, and will then hold its quarterly conference call with analysts and investors at 4:30 p.m. ET that evening to discuss the third quarter results and current outlook. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's Third Quarter 2024 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be available on telephone replay for 48 hours. The telepho
JACKSONVILLE, Fla., July 30, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.48 in the 2024 second quarter on revenue of $1.225 billion. "The Landstar network of independent business owners performed admirably in a challenging freight transportation environment," said Landstar President and Chief Executive Officer Frank Lonegro. "During the second quarter, we were encouraged to see our first sequential quarter-to-quarter revenue increase since the 2022 second quarter. Revenue in the 2024 second quarter grew 5% sequentially following seven quarters of sequential revenue declines. As
10-Q - LANDSTAR SYSTEM INC (0000853816) (Filer)
8-K - LANDSTAR SYSTEM INC (0000853816) (Filer)
10-Q - LANDSTAR SYSTEM INC (0000853816) (Filer)
JACKSONVILLE, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.41 in the 2024 third quarter on revenue of $1.214 billion. "Consistent with the first half of 2024, the freight environment during the third quarter remained challenging. The Landstar team of independent business owners and employees continued to perform admirably given this backdrop," said Landstar President and Chief Executive Officer Frank Lonegro. "I was encouraged that Landstar achieved a 3.2% sequential increase in truck revenue per load compared to the 2024 second quarter, outperforming typical seaso
JACKSONVILLE, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 third quarter results after the market closes on Tuesday, October 29, 2024, and will then hold its quarterly conference call with analysts and investors at 4:30 p.m. ET that evening to discuss the third quarter results and current outlook. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's Third Quarter 2024 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be available on telephone replay for 48 hours. The telepho
JACKSONVILLE, Fla., July 30, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.48 in the 2024 second quarter on revenue of $1.225 billion. "The Landstar network of independent business owners performed admirably in a challenging freight transportation environment," said Landstar President and Chief Executive Officer Frank Lonegro. "During the second quarter, we were encouraged to see our first sequential quarter-to-quarter revenue increase since the 2022 second quarter. Revenue in the 2024 second quarter grew 5% sequentially following seven quarters of sequential revenue declines. As
TD Cowen reiterated coverage of Landstar System with a rating of Hold and set a new price target of $174.00 from $176.00 previously
TD Cowen reiterated coverage of Landstar System with a rating of Hold and set a new price target of $176.00 from $171.00 previously
Wolfe Research downgraded Landstar System from Outperform to Peer Perform
4 - LANDSTAR SYSTEM INC (0000853816) (Issuer)
4 - LANDSTAR SYSTEM INC (0000853816) (Issuer)
4 - LANDSTAR SYSTEM INC (0000853816) (Issuer)
Wolfe Research analyst Scott Group downgrades Landstar System (NASDAQ:LSTR) from Outperform to Peer Perform.
Morgan Stanley analyst Ravi Shanker maintains Landstar System (NASDAQ:LSTR) with a Equal-Weight and lowers the price target from $147 to $145.
Evercore ISI Group analyst Jonathan Chappell maintains Landstar System (NASDAQ:LSTR) with a In-Line and raises the price target from $161 to $173.
SC 13G/A - LANDSTAR SYSTEM INC (0000853816) (Subject)
SC 13G/A - LANDSTAR SYSTEM INC (0000853816) (Subject)
SC 13G - LANDSTAR SYSTEM INC (0000853816) (Subject)