Landstar System, Inc. (NASDAQ:LSTR) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: September 22, 2016
Having a price of $66.98, Landstar System, Inc. (NASDAQ:LSTR) traded 1.41% higher on the day. The last stock price is down -0.23% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Landstar System, Inc. has recorded a 50-day average of $68.42 and a two hundred day average of $67.13. 346,164 shares of the stock traded hands, up from an average trading volume of 322,422
Zacks Investment Research has upgraded Landstar System, Inc. (NASDAQ:LSTR) to Hold in a statement released on 9/22/2016.
With a total market value of $0, Landstar System, Inc. has price-earnings ratio of 20.70 with a one year low of $53.03 and a one year high of $72.97 .
A total of 14 firms have issued a ratings update on the company. 3 analysts rating the company a strong buy, zero firms rating the stock a buy, 16 equity analysts rating the company a hold, 2 brokers rating the stock a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of $66.18.
Brief Synopsis On Landstar System, Inc. (NASDAQ:LSTR)
Landstar System, Inc. (Landstar) is an asset-light provider of integrated transportation management solutions. The Company offers services to its customers across multiple transportation modes, with the ability to arrange for individual shipments of freight to enterprise solutions to manage customer's transportation needs. It operates in two segments: the Transportation Logistics segment and the Insurance segment. The Transportation Logistics segment provides a range of integrated transportation management solutions. Transportation services offered by it include truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul or specialized, the United States-Canada and the United States-Mexico cross-border, project cargo and customs brokerage. The insurance segment consists of Signature Insurance Company, which is an offshore insurance subsidiary, and Risk Management Claim Services, Inc.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.