Oppenheimer Sticks to Its Hold Rating for Landstar System (LSTR)


In a report released yesterday, Scott Schneeberger from Oppenheimer maintained a Hold rating on Landstar System (LSTR). The company’s shares closed last Wednesday at $127.29.

According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of 7.5% and a 58.4% success rate. Schneeberger covers the Services sector, focusing on stocks such as Fleetcor Technologies, Service International, and Target Hospitality.

Currently, the analyst consensus on Landstar System is a Hold with an average price target of $122.90.

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Landstar System’s market cap is currently $4.92B and has a P/E ratio of 29.60. The company has a Price to Book ratio of 8.00.

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LSTR in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Landstar System, Inc. engages in the provision of transportation management solutions. It operates through the following segments: Transportation Logistics and Insurance. The Transportation Logistics segment offers transportation services including truckload and less-than-truckload transportation, rail intermodal, air and ocean cargo, project cargo, and customs brokerage. The Insurance segment includes risk and claims management services. The company was founded in January 1991 and is headquartered in Jacksonville, FL.

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