Last $77.56 USD
Change Today +1.03 / 1.35%
Volume 422.2K
LSTR On Other Exchanges
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As of 8:10 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

landstar system inc (LSTR) Snapshot

Open
$77.23
Previous Close
$76.53
Day High
$77.95
Day Low
$76.74
52 Week High
11/21/14 - $77.95
52 Week Low
12/11/13 - $54.08
Market Cap
3.5B
Average Volume 10 Days
328.9K
EPS TTM
$2.78
Shares Outstanding
44.7M
EX-Date
11/6/14
P/E TM
27.9x
Dividend
$0.28
Dividend Yield
0.79%
Current Stock Chart for LANDSTAR SYSTEM INC (LSTR)

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landstar system inc (LSTR) Details

Landstar System, Inc., together with its subsidiaries, provides integrated transportation management solutions in the United States and internationally. It operates in two segments, Transportation Logistics and Insurance. The Transportation Logistics segment provides a range of transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, project cargo, and customs brokerage, as well as warehousing solutions. This segment offers truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. It serves automotive products, lumber and building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, ammunition and explosives, and military equipment industries, as well as offers transportation services to other transportation companies, including logistics and less-than-truckload service providers. The Insurance segment reinsures certain risks of the company’s independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.

1,217 Employees
Last Reported Date: 02/21/14
Founded in 1968

landstar system inc (LSTR) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: $575.0K
President, Chief Financial Officer and Princi...
Total Annual Compensation: $300.0K
Chief Safety & Operations Officer and Vice Pr...
Total Annual Compensation: $215.0K
Chief Commercial & Marketing Officer and Vice...
Total Annual Compensation: $230.0K
Vice President, General Counsel and Secretary
Total Annual Compensation: $225.0K
Compensation as of Fiscal Year 2013.

landstar system inc (LSTR) Key Developments

Landstar System Inc. Presents at Raymond James Global Airlines/Transportation Conference, Nov-06-2014 10:40 AM

Landstar System Inc. Presents at Raymond James Global Airlines/Transportation Conference, Nov-06-2014 10:40 AM. Venue: New York, New York, United States. Speakers: Henry H. Gerkens, Chairman, Chief Executive Officer, Member of Safety & Risk Committee and Member of Strategic Planning Committee, James B. Gattoni, President, Chief Financial Officer and Principal Accounting Officer.

Landstar System Inc. Declares Quarterly Dividend Payable on December 5, 2014; Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 27, 2014; Provides Consolidated Earnings Guidance for the Fourth Quarter and Full Year of 2014

Landstar System Inc. announced that its board of directors has declared a quarterly dividend of $0.07 per share payable on December 5, 2014 to stockholders of record at the close of business on November 11, 2014. It is currently the intention of the Board to pay dividends on a quarterly basis going forward. The company announced unaudited consolidated earnings results for the third quarter and nine months ended September 27, 2014. For the quarter, the company reported revenue of $819,320,000, operating income of $59,577,000, income from continuing operations before income taxes of $58,803,000, income from continuing operations of $36,755,000 and net income of $36,755,000 or $0.82 per common and diluted share compared to revenue of $675,535,000, operating income of $46,614,000, income from continuing operations before income taxes of $45,758,000, income from continuing operations of $28,503,000 and net income of $29,246,000 or $0.64 per common and diluted share a year ago period. The strong quarter-over-quarter revenue performance continues to be broad-based across many accounts, agents and product lines. For the nine months, the company reported revenue of $2,321,960,000, operating income of $163,163,000, income from continuing operations before income taxes of $160,903,000, income from continuing operations of $100,318,000 and net income of $100,318,000 or $2.22 per diluted share compared to revenue of $1,972,805,000, operating income of $136,849,000, income from continuing operations before income taxes of $134,482,000, income from continuing operations of $83,746,000 and net income of $86,452,000 or $1.87 per diluted share a year ago period. Cash flow from operations for the 39 weeks ended September 27, 2014, was $72.6 million. Cash CapEx expenditures was $9 million in the 2014 39-week period. For the year, the company expects consolidated revenue to exceed $3.0 billion. In addition, the company anticipates that gross profit, operating income and diluted earnings per share in 2014 will also achieve full year company records. The company continues to expect on an annual basis, approximately 70% of the growth in 2014 gross profit will pass through the operating income. The midpoint of the 2014 fourth quarter revenue guidance should result in 2014 fourth quarter gross profit that's very similar to the 2014 third quarter gross profit. The company assumes a 2014 fourth quarter effective income tax rate of 38.2%, higher than the 37.5% rate experienced in the 2014 third quarter. The company would anticipate consolidated revenue for the 2014 fourth quarter to be in a range of $800 million at the low end to $840 million at the high end. The company would anticipate earnings per diluted share from continuing operations for the 2014 fourth quarter to be in a range of $0.77 to $0.82 per share, which compares to $0.55 per diluted share from continuing operations in the 2013 fourth quarter.

Landstar System Inc. Presents at Stephens Inc. Fall Investment Conference 2014, Nov-12-2014 10:00 AM

Landstar System Inc. Presents at Stephens Inc. Fall Investment Conference 2014, Nov-12-2014 10:00 AM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, New York, United States.

 

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LSTR

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Valuation LSTR Industry Range
Price/Earnings 28.0x
Price/Sales 1.2x
Price/Book 7.0x
Price/Cash Flow 18.5x
TEV/Sales 1.0x
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