How to Buy Landstar System Stock
Landstar System Inc
Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. The company operates through two segments: Transportation Logistics, and Insurance.
Landstar System stock last closed at $172.12, up 0.41% from the previous day, and has decreased 5.57% in one year. It has overperformed other stocks in the Integrated Freight & Logistics industry by 0.08 percentage points. Landstar System stock is currently +6.82% from its 52-week low of $161.13, and -17.5% from its 52-week high of $208.62.
At the moment, there are 35.72M LSTR shares outstanding. The market capitalization of LSTR is $6.15B. In the past 24 hours, 262,253 LSTR shares were traded.
How to Buy Landstar System Stock
Wondering how to invest in Landstar System stock? Here's how.
- Figure out where to buy Landstar System stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Landstar System stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your method of payment and add your info.
- Evaluate Landstar System stock: The Landstar System ticker symbol is LSTR. Is Landstar System stock a good investment? Should you buy shares of LSTR? How do LSTR's underlying business fundamentals look? Do top analysts think Landstar System is a good buy? Why has LSTR's stock price moved recently? (Hint: Our stock research website can help you understand if LSTR is a good stock to buy).
- Place your LSTR trade: Decide if you will purchase LSTR shares at the current market price or use a limit order to purchase LSTR shares at a particular price.
- Monitor your investment in LSTR: Create a watchlist to watch your new investment in Landstar System stock.
Step 1: Figure out where to buy Landstar System stock
You need a brokerage account to access the NASDAQ market and buy LSTR stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal details so you are able to buy LSTR stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new trading account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've created your account on app for investing, you can securely and quickly fund your account:
Check out the tutorial below if you need help transferring funds into your new brokerage account.
Step 4: Evaluate Landstar System stock
Once you have decided on the best place to buy Landstar System stock, it's absolutely critical to research their stock before you invest, so you can understand the risk as well as the opportunity.
Landstar System stock quick numbers
LSTR Due Diligence Checks
WallStreetZen was designed to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on LSTR's stock page.
Is LSTR stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge LSTR's intrinsic value.
Using relative valuations metrics:
- LSTR may be overvalued based on its P/E ratio of 23.39x, relative to Integrated Freight & Logistics industry P/E ratio of 18.58x
- LSTR may be overvalued based on its P/B ratio of 6.25x, relative to Integrated Freight & Logistics industry P/B ratio of 4.04x
- LSTR may be overvalued based on its PEG ratio of 1.24x
You can do more valuation analysis on LSTR's stock here.
LSTR Financial Health
Passed Health Checks:
- LSTR's operating cash flow of $393.65M allows it to safely service it's debt of $132.68M.
- There are more short-term assets than long-term liabilities on the LSTR balance sheet.
- Total LSTR debt is lower than 5 years ago, relative to shareholder equity.
- LSTR earnings of $344.15M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the LSTR balance sheet.
Failed Health Checks:
- LSTR has a relatively high debt to equity ratio of 0.83.
- LSTR profit margin has gone down from 5.8% to 5% in the past year.
Is it a good time to buy Landstar System stock, according to Wall Street analysts?
Out of 8 Wall Street analysts who give ratings on LSTR, the consensus analyst rating on LSTR is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Latest LSTR Analyst Upgrades/Downgrades
Brian Ossenbeck, a top 11% analyst from JP Morgan initiates coverage on LSTR with a hold rating and announces their LSTR price target of $186.00, on Dec 11, 2023.
Ravi Shanker, a bottom 2% analyst from Morgan Stanley maintains LSTR with a hold rating and lowers their LSTR price target from $150.00 to $145.00, on Oct 30, 2023.
Jack Atkins, a top 9% analyst from Stephens & Co. maintains LSTR with a hold rating and lowers their LSTR price target from $210.00 to $190.00, on Oct 27, 2023.
You can dive deeper into what analysts are projecting on the Landstar System stock forecast page.
Metrics for Advanced LSTR Traders
Is LSTR Making Money?
Last year, LSTR earnings were $264.39M. In the last five year, LSTR's earnings have gone up by 3.52% per year. This was slower than the Integrated Freight & Logistics industry average of 7.08%.
Last year, LSTR revenue was $5.30B. In the past 5 year, LSTR's revenue has grown by 2.82% per year. This was slower than the Integrated Freight & Logistics industry average of 5.79%.
You can research LSTR's earnings and revenue performance here.
Are LSTR insiders buying or selling the stock?
In the last year, insiders at LSTR have sold more shares than they have bought.
Ricardo S. Coro, Vice President - CIO of LSTR, was the latest LSTR insider to sell. They sold $952,790.00 worth of LSTR shares on Feb 5, 2024.
Get more info about who owns LSTR shares here.
Can I rely on LSTR as an income stream?
Landstar System pays a dividend of 1.91%, compared to the Integrated Freight & Logistics industry's average dividend yield of 2.5%. If you owned $1,000 worth of LSTR stock, you would have been paid $19.11 in the past 12 months.
Landstar System dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Landstar System dividend yield and history here.
LSTR Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your LSTR trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, place a limit order.
Press the Open Trade button and your broker will place your order.
If you want additional help buying stocks on eToro, click the helpful video below:
Step 6: Monitor your investment in LSTR
Now that you own some LSTR stock, you'll want to keep up with your investment.
Put LSTR on a watchlist to keep track of your LSTR stock.
LSTR Feed
How to Buy Stock in Landstar System
To summarize, here are the 6 steps to buy Landstar System stock:
- Figure out where to buy Landstar System stock
- Sign up for your brokerage account
- Fund your brokerage account
- Evaluate Landstar System stock
- Place your LSTR trade
- Monitor your investment in LSTR
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your investment in Landstar System, click below.
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