
Landstar System (LSTR) Stock Forecast & Price Target
Landstar System (LSTR) Analyst Ratings
Bulls say
Landstar System's positive outlook is supported by a 17% year-over-year increase in heavy-haul revenue, which now constitutes 38% of total segment revenue, indicating a shift towards higher-value, specialized freight. The company has also demonstrated improved retention rates among business capacity owners (BCOs), with recruitment of new carriers enhancing operational stability, reflected in the first sequential growth in BCO truck count since early 2022. Furthermore, the overall truck revenue per load showed a modest sequential increase, suggesting signs of stabilization in a challenging rate environment.
Bears say
Landstar System is experiencing declining performance metrics, as evidenced by October truckloads trending approximately 3% lower year-over-year and a flat revenue per load, suggesting a downturn in demand and weak spot rates affecting the company's profitability. The company reported a topline revenue of $1.09 billion in Truck Transportation, reflecting a slight decline of 0.1% year-over-year and a larger 1.5% drop compared to expectations, driven in part by below-target Van Equipment revenue. Additionally, there is significant concern regarding the potential impact of a prolonged freight recession through 2025 and 2026, which could lead to further reductions in truckload spot rates and compress operating margins.
This aggregate rating is based on analysts' research of Landstar System and is not a guaranteed prediction by Public.com or investment advice.
Landstar System (LSTR) Analyst Forecast & Price Prediction
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