Landstar System Intrinsic Value Calculation – Renaissance Technologies LLC Increases Investment in Landstar System,
March 4, 2023
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Landstar System Intrinsic Value Calculation – Renaissance Technologies LLC has increased their stock holdings in Landstar System ($NASDAQ:LSTR), Inc. The renowned quantitative hedge fund firm and asset manager announced the purchase of additional shares of the leading transportation services provider on Friday. This increased stock holding could potentially be seen as a sign that the firm may continue its pattern of investing, despite Simons’ departure. The latest investment in Landstar is a clear indication of the potential that Renaissance Technologies LLC sees in the company’s ability to create long-term financial growth. The company is a major provider of transportation services to customers throughout North America, offering a reliable platform for companies to ship goods quickly and efficiently.
This investment could be a reflection of the firm’s belief that Landstar will continue to be successful in meeting customer needs and creating value for shareholders. The increased holdings by Renaissance Technologies LLC further solidifies the firm’s already significant influence on Landstar’s financial future. This move will undoubtedly play an increasingly important role in shaping the company’s success going forward. With the new funds and backing from Renaissance, Landstar may be poised for even greater heights in the future.
Price History
As of Friday, Landstar System, Inc. got a boost from Renaissance Technologies LLC, as the hedge fund increased their investment in the company. This news was met with mostly positive coverage, as the stock opened at $182.2 and closed at $182.3. This increase in investment indicates that Landstar System, Inc. is likely to see further success in the future as a result of Renaissance Technologies LLC’s financial backing. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Landstar System. More…
| Total Revenues | Net Income | Net Margin |
| 7.44k | 430.91 | 5.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Landstar System. More…
| Operations | Investing | Financing |
| 496.13 | -73.34 | -232.95 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Landstar System. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.93k | 1.04k | 24.7 |
Key Ratios Snapshot
Some of the financial key ratios for Landstar System are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.1% | 24.6% | 7.7% |
| FCF Margin | ROE | ROA |
| 6.3% | 40.6% | 18.5% |
Analysis – Landstar System Intrinsic Value Calculation
At GoodWhale, we take a detailed look into LANDSTAR SYSTEM‘s fundamentals to help you make informed investment decisions. Our proprietary Valuation Line shows that the intrinsic value of the company’s stock is approximately $202.0. This means that the current market price at $182.3 is lower than the underlying value by 9.7%. This could be a great opportunity for an investor looking to buy with a margin of safety. We suggest taking a closer look at LANDSTAR SYSTEM and considering adding it to your portfolio if you think it aligns with your investment goals. More…
Peers
The company offers a full range of services including truckload, less-than-truckload, intermodal, airfreight, ocean freight, and logistics management services. Landstar System Inc’s competitors include Kuehne + Nagel International AG, Tri-Mode System (M) Bhd, Wiseway Group Ltd, and other leading transportation management companies.
– Kuehne + Nagel International AG ($OTCPK:KHNGF)
Kuehne + Nagel International AG is a leading global logistics company that provides innovative and comprehensive supply chain solutions for customers in a wide range of industries. The company’s market cap is 28.7B as of 2022 and its ROE is 76.87%. Kuehne + Nagel has a strong focus on customer service and offers a wide range of logistics services, including transportation, warehousing, and distribution.
– Tri-Mode System (M) Bhd ($KLSE:0199)
Tri-Mode System (M) Bhd is a company with a market cap of 68.06M as of 2022. The company has a ROE of 11.4%. Tri-Mode System (M) Bhd is engaged in the business of providing system solutions and services. The company offers a range of services, including system design, development, integration, implementation, and maintenance. Tri-Mode System (M) Bhd also provides training, support, and consultancy services.
– Wiseway Group Ltd ($ASX:WWG)
Wiseway Group Ltd is a publicly traded company with a market capitalization of $10.87 million as of 2022. The company has a return on equity of -17.59%. Wiseway Group Ltd is engaged in the business of providing logistics and transportation services.
Summary
Recent analysis of Landstar System, Inc. stocks has been positive, with Renaissance Technologies LLC increasing their investments recently. This suggests a bullish sentiment in the market and a positive outlook for the company. The company has experienced solid growth over the past few years, bolstered by growing demand for its services in the transportation and logistics industry.
Additionally, Landstar System, Inc. has undertaken several cost-cutting measures in order to remain competitive, allowing them to grow their profits further. Furthermore, their focus on technology and innovation has enabled them to stay at the forefront of their field and reap the benefits of new trends.
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