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Last €66.63 EUR
Change Today +0.061 / 0.09%
Volume 0.0
LDS On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 2:00 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

landstar system inc (LDS) Snapshot

Open
€66.63
Previous Close
€66.57
Day High
€66.63
Day Low
€66.63
52 Week High
07/31/15 - €66.63
52 Week Low
08/8/14 - €47.44
Market Cap
2.9B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
43.6M
EX-Date
08/6/15
P/E TM
--
Dividend
€0.32
Dividend Yield
1.63%
Current Stock Chart for LANDSTAR SYSTEM INC (LDS)

landstar system inc (LDS) Related Businessweek News

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landstar system inc (LDS) Details

Landstar System, Inc., together with its subsidiaries, provides integrated transportation management solutions in the United States and internationally. The company operates through two segments, Transportation Logistics and Insurance. The Transportation Logistics segment provides various transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, project cargo, and customs brokerage. This segment offers truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. It serves automotive products, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, ammunition and explosives, and military equipment industries, as well as offers transportation services to other transportation companies, including logistics and less-than-truckload service providers. The Insurance segment reinsures certain risks of the company’s independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.

1,211 Employees
Last Reported Date: 02/23/15
Founded in 1968

landstar system inc (LDS) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $370.0K
Chief Safety & Operations Officer and Vice Pr...
Total Annual Compensation: $250.0K
Chief Commercial & Marketing Officer and Vice...
Total Annual Compensation: $275.0K
Vice President, General Counsel and Secretary
Total Annual Compensation: $275.0K
Non-Employee Consultant
Total Annual Compensation: $575.0K
Compensation as of Fiscal Year 2014.

landstar system inc (LDS) Key Developments

Landstar System Inc. Declares Quarterly Cash Dividend, Payable on August 28, 2015

Landstar System Inc.'s board of directors has declared a quarterly dividend of $0.08 per share payable on August 28, 2015, to stockholders of record as of the close of business on August 10, 2015.

Landstar System Inc. Reports Unaudited Consolidated Earnings and Operating Results for the Second Quarter and Six Months Ended June 27, 2015; Provides Earnings Guidance for the Third Quarter of 2015

Landstar System Inc. reported unaudited consolidated earnings and operating results for the second quarter and six months ended June 27, 2015. For the quarter, the company reported net income of $70,486,000 or $1.59 per diluted share on revenue of $ 1,630,763,000 against net income of $63,563,000 or $1.40 per diluted share on revenue of $1,502,640,000 a year ago. Operating income was $115,078,000 compared to $103,586,000 a year ago. Income before income taxes was $113,584,000 compared to $102,100,000 a year ago. For the six months, the company reported net income of $40,471,000 or $0.92 per diluted share on revenue of $868,383,000 against net income of $35,925,000 or $0.80 per diluted share on revenue of $814,443,000 a year ago. Operating income was $58,572,000 compared to $48,427,000 a year ago. Income before income taxes was $65,320,000 compared to $57,854,000 a year ago. Cash flow from operations for the 2015 year-to-date period was $82 million, and cash capital expenditures were $3 million. For the quarter, the company reported total number of loads of 858,370 against 790,830 a year ago. Total truck transportation was 829,070 against 768,540 a year ago. For the six months, the company reported total number of loads of 457,650 against 416,210 a year ago. Total truck transportation was 441,960 against 404,220 a year ago. During the first few weeks of fiscal July, revenue per load on loads hauled via truck is consistent with that experienced in fiscal June; yet lower than fiscal July 2014. The company does not expect a significant change in these recent trends over the balance of the 2015 third quarter.  As such, the company expected revenue per load on loads hauled via truck in the 2015 third quarter to be below the 2014 third quarter in a low-to-mid-single digit percentage range, as experienced in the first few weeks of July.  Assuming the current environment continues throughout the 2015 third quarter, the company anticipated revenue for the 2015 third quarter to be in a range of $830 million to $880 million and, assuming that range of estimated revenue, the company would anticipated 2015 third quarter diluted earnings per share to be in a range of $0.87 to $0.92 per share compared to $0.82 per diluted share in the 2014 third quarter.

Landstar System Mulls Acquisitions

Jim Gattoni, President & Chief Exexcutive Officer of Landstar System Inc. (NasdaqGS:LSTR) said, "We look at potential acquisitions, but we really prefer -- we're kind of at baby steps to organically recruit more agents into the model and keep our eye on what the competition is doing."

 

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Industry Analysis

LDS

Industry Average

Valuation LDS Industry Range
Price/Earnings 22.1x
Price/Sales 1.0x
Price/Book 6.7x
Price/Cash Flow 18.4x
TEV/Sales 0.9x
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