Breaking Finance News

Zacks Investment Research downgraded Landstar System, Inc. (NASDAQ:LSTR) to Hold in a report released today.

Boasting a price of $81.60, Landstar System, Inc. (NASDAQ:LSTR) traded 0.67% higher on the day. With the last close up 18.43% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Landstar System, Inc. has recorded a 50-day average of $73.39 and a two hundred day average of $69.37. Volume of trade was down over the average, with 181,977 shares of LSTR changing hands under the typical 391,298

Zacks Investment Research has downgraded Landstar System, Inc. (NASDAQ:LSTR) to Hold in a statement released on 11/26/2016.

On 11/25/2016, Zacks Investment Research released a statement on Landstar System, Inc. (NASDAQ:LSTR) bumped up the target price from $0.00 to $91.00 that suggested an upside of 0.12%.

Performance Chart

Landstar System, Inc. (NASDAQ:LSTR)

With a total market value of $0, Landstar System, Inc. has price-earnings ratio of 25.74 with a one year low of $53.03 and a one year high of $83.00 .

A total of 14 analysts have released a research note on LSTR. Three analysts rating the company a strong buy, zero analysts rating the company a buy, sixteen analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $66.18.

More About 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's FREE daily email newsletter.