Stock Market Watch

Landstar System – Issues upside guidance for Q4

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Landstar System, Inc. (NASDAQ:LSTR). Last Market Price: 45.75, Change: +1.55, % Change: (3.51%). Shares trade in the range of 44.69 – 46.27 dollars. It has a market capitalization of 2.18B dollars, making it a Mid Cap Stock and has 47.72M outstanding shares. The company has a beta of 0.82, indicating, the stock to be less volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 1.99; P/E of 23.02 indicating, the stock to be overvalued or expected increase in company earnings. It operates in Transportation sector and belongs to Trucking industry. Percentage shares held by institutional investors is 100%. The company has a 52 week Price range (low – high) of $ 35.85 – 49.66. Average volumes of shares traded daily are 355,535. Volume traded in the last session was at 204,515, 0.58 times the average volume.

  • Reports Q3 (Sep)
    • EPS of $0.64 better than the estimates
    • Revenues rose 9.8% year on year to $684 million.
  • Company issues upside guidance for Q4, sees EPS of $0.62-0.67

For Q2 (Jun ’11), It had a Net profit margin of 4.38%, an Operating margin of 7.20%. Other Key stats and ratios are : Return on average assets of 16.28%, Return on average equity of 43.57%. The organization has an employee strength of 1,353

Consensus Recommendation is a Outperform.


Estimate for sales for the Quarter Ending Dec-11 show a mean of 666.03 million dollars, an estimate high of 700.00 million dollars and an estimate low of 636.50 million dollars. A year ago the figures stood at 676.66 million dollars.

Estimate for sales for the Quarter Ending Mar-12 show a mean of 618.66 million dollars, an estimate high of 643.50 million dollars and an estimate low of 600.70 million dollars. A year ago the figures stood at 686.26 million dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.60 dollars, an estimate high of 0.66 dollars and an estimate low of 0.54 dollars. A year ago the figures stood at 0.58 dollars.

Estimate for EPS for the Quarter Ending Mar-12 show a mean of 0.51 dollars, an estimate high of 0.58 dollars and an estimate low of 0.45 dollars. A year ago the figures stood at 0.50 dollars.

Sales for Quarter Ending Jun-11 was estimated at 659.24 million dollars, however the actual sales figure stood at 675.56 million dollars, 16.32 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 579.53 million dollars, however the actual sales figure stood at 571.99 million dollars, 7.55 million dollars less than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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