
Landstar System (LSTR) Stock Forecast & Price Target
Landstar System (LSTR) Analyst Ratings
Bulls say
Landstar System's revenue from heavy-haul services has increased to 38% of total segment revenue, reflecting a strategic shift towards higher-value specialized freight, with heavy-haul revenues rising by 17% year-over-year. Additionally, the improvement in Business Capacity Owner (BCO) retention and recruitment of new carriers indicates a strengthening market position, despite a subdued rate environment. Furthermore, Landstar experienced a stronger-than-average fiscal February in load volume, signaling positive momentum for the company's operational performance amidst external challenges.
Bears say
Landstar System's stock outlook is negatively impacted by a 3% year-over-year decline in truckloads for October, coupled with flat revenue per load, indicating weaker demand and modestly lower volumes than expected. The company's third-quarter revenue of $1.09 billion for Truck Transportation showed a slight decline compared to the prior year and fell short of projections, affected by lower-than-anticipated Van Equipment revenue. Furthermore, the potential for a prolonged freight recession could further weaken truckload spot rates, adversely affecting operating income and variable contribution margins, thereby increasing downside risk for the company's financial performance.
This aggregate rating is based on analysts' research of Landstar System and is not a guaranteed prediction by Public.com or investment advice.
Landstar System (LSTR) Analyst Forecast & Price Prediction
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