Goldman Sachs analyst Jordan Alliger maintained a Sell rating on Landstar System (LSTR – Research Report) today. The company’s shares closed today at $171.10.
Alliger covers the Industrials sector, focusing on stocks such as United Parcel, JB Hunt, and Norfolk Southern. According to TipRanks, Alliger has an average return of 9.7% and a 55.97% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Landstar System with a $172.44 average price target.
LSTR market cap is currently $6.15B and has a P/E ratio of 23.38.
Based on the recent corporate insider activity of 31 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 (LSTR) Company Description:
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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