As of Wednesday close, Landstar System Inc.’s (NASDAQ:LSTR) stock was up $1.86, moving up 1.10 percent to $170.82. The average number of shares traded per day over the past five days has been 289,380 shares. 5 times new highs have been achieved over the past 5 days, with a $4.13 gain in that time frame. In the last twenty days, the average volume was 327,550, while in the previous 50 days, it was 352,224.
Since last month, LSTR stock rose 14.32%. Shares of the company fell to $145.71 on 10/26/22, the lowest level in the past month. A 52-week high of $179.97 was reached on 01/05/22 after having rallying from a 52-week low of $137.15. Since the beginning of this year, LSTR’s stock price has dropped by -3.50% or -$8.20, and marked a new high 3 times. However, the stock has declined by -5.08% since its 52-week high.
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LSTR stock investors should be aware that Landstar System Inc. (LSTR) stock had its last reported insider trading activity 23 days ago on Nov 01. Kneller Michael K, the VP General Counsel & Secy of the company, disposed of 2,000 shares for $157.23 on Nov 01. It resulted in a $314,463 divestment by the insider. Gattoni James B sold 20,000 shares at an average price of $155.86 on Oct 31. The insider now owns 74,792 shares following the transaction. On Aug 18, VP, CSO, COO Beacom Joseph J sold 1,137 shares at $156.14 apiece. The transaction was valued at $177,534.
Right now, Landstar System Inc. (LSTR) has a P/E ratio of about 14.08. The stock’s beta is 0.90. Besides these, the trailing price-to-sales (P/S) ratio of 0.79, the price-to-book (PB) ratio of 7.11, and the price-to-cash flow ratio of 17.13 may also be considered.
The latest dividend of $0.30 per share was paid out, remained unchanged from last year’s $0.30. On Wednesday July 20 2022, a $0.05 dividend increase was announced.
In the three months ended September 29, Landstar System Inc.’s quick ratio stood at 1.60, while its current ratio was 1.60, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.08, and the total debt-to-equity ratio was 0.24. On the profitability front, the trailing twelve-month gross margin is 13.60% percent. In the year ended September 29, operating margins totaled 7.70%. Based on annual data, LSTR earned $1.43 billion in gross profit and brought in $6.54 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 35.40%. Return on equity (ROE) for the past 12 months was 52.30%.
In Landstar System Inc.’s quarter-end financial report for September 29, it reported total debt of $72.1 million against cash and short-term investments of $50.64 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. LSTR’s revenue rose 4.5% to $1.98 billion during the quarter, while net income inched up to $1.82 billion. While analysts expected Landstar System Inc. to report $2.76 quarterly earnings, the actual figure was $2.76 per share. During the quarter, the company generated $148.08 million in EBITDA. The liabilities of Landstar System Inc. were 1.12 billion at the end of its most recent quarter ended September 29, and its total debt was $208.78 million. The value of shareholders’ equity is $35.92 million.
This quick technical analysis looks at Landstar System Inc.’s (LSTR) price momentum. With a historical volatility rate of 28.42%, the RSI 9-day stood at 65.93% on 23 November.
With respect to its five-day moving average, the current Landstar System Inc. price is up by +2.48% percent or $4.13. At present, LSTR shares trade +12.93% above its 20-day simple moving average and +18.55% percent above its 100-day simple moving average. However, the stock is currently trading approximately +17.39% above its SMA50 and +9.75% above its SMA200.
Stochastic coefficient K was 78.84% and Stochastic coefficient D was 73.67%, while ATR was 4.74. Given the Stochastic reading of 83.34% for the 14-day period, the RSI (14) reading has been calculated as 64.33%. As of today, the MACD Oscillator reading stands at 0.76, while the 14-day reading stands at 3.46.