Raymond James Boosts Landstar System’s Price Target to $215.00
July 22, 2023
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Raymond James recently boosted the price target of Landstar System ($NASDAQ:LSTR) Inc to $215.00 at Defense World. The company specializes in providing innovative transportation solutions and services that meet customers’ unique needs. With a focus on customer service and safety, Landstar has earned a reputation as one of the most reliable and dependable transportation providers in the industry. With its strong presence in the U.S., Latin America, and Europe, Landstar has become one of the world’s most successful supply chain and freight companies.
Over the years, the company has seen tremendous growth in terms of revenue and profits, which has made it one of the most trusted companies in the market. Investors have taken notice of the company’s performance, and Raymond James’ recent boost in the price target is a testament to the company’s success.
Price History
This latest price target upgrade comes as a welcome surprise for investors in LANDSTAR SYSTEM, who have seen their stock prices slowly increase over the past few months. Analysts at Raymond James remain positive about the company’s future prospects and are optimistic that its stock will continue to rise in the coming weeks and months. 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 |
| 6.9k | 384.27 | 5.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Landstar System. More…
| Operations | Investing | Financing |
| 666.73 | -16.46 | -454.18 |
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 |
| 1.84k | 902.21 | 26.04 |
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 |
| 20.1% | 23.7% | 7.4% |
| FCF Margin | ROE | ROA |
| 9.2% | 34.9% | 17.3% |
Analysis
As part of our analysis, GoodWhale conducted an assessment of LANDSTAR SYSTEM‘s wellbeing. Our Star Chart gave the company a health score of 10/10, indicating that it is capable of sustaining future operations in times of crisis. We also found that the company is strong in terms of asset, dividend, growth, and profitability. Based on this assessment, we have classified LANDSTAR SYSTEM as a ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. This makes the company appealing to investors looking for consistent returns. With its strong cashflows and debt, LANDSTAR SYSTEM could be an attractive option for those looking for reliable returns over time. 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
Landstar System Inc. is a global provider of integrated transportation management solutions, offering services to customers throughout the world. Recently, Raymond James has raised their price target on Landstar System stock to $215.00. This increase indicates an optimistic outlook for the company’s future. Analysts believe that Landstar System’s diversified portfolio of services, including transportation services, logistics management, and supply chain solutions, have helped to create a strong market position in the industry.
Additionally, the company’s focus on providing quality customer service and its competitive pricing structure have enabled them to gain and retain customers.
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