LSTR

Landstar System, Inc.

Industrial/Transportation


Presented:07/19/2023
Price:$201.06
Cap:$7.22B
Current Price:$188.51
Cap:$6.68B

Presented

Date07/19/2023
Price$201.06
Market Cap$7.22B
Ent Value$6.22B
P/E Ratio19.01x
Book Value$26.04
Div Yield0.59%
Shares O/S35.93M
Ave Daily Vol238,932
Short Int4.82%

Current

Price$188.51
Market Cap$6.68B
Landstar System, Inc. engages in the provision of transportation management solutions. It operates through the following segments: Transportation Logistics and Insurance. The Transportation Logistics segment offers transportation services including truckload and less-than-truckload transportation, rail intermodal, air and ocean cargo, project cargo, and customs brokerage. The Insurance segment includes risk and claims management services. The company was founded in January 1991 and is headquartered in Jacksonville, FL.

Publicly traded companies mentioned herein: Landstar System, Inc. (LSTR)

Highlights

The presenter is short shares of Landstar System Inc (LSTR), which is currently trading at 22-23x forward EPS, compared to its historical average in the high teens. While the market expects earnings to trough at $8 this year and return to growth thereafter, he anticipates normalized earnings will be $6 per share and potentially overshoot to the downside if there is an economic contraction. While the presenter acknowledges that the overall trucking industry may have reached its bottom, Landstar's performance has been bolstered by its flatbed truck segment, which is starting to revert to the mean. 

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.