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Investing.com - Stifel has reduced its price target on Landstar System (NASDAQ:LSTR) to $131.00 from $140.00 while maintaining a Hold rating on the transportation and logistics company. The stock is currently trading near its 52-week low of $128.99, having declined 21% year-to-date.
The price target adjustment follows Landstar’s second-quarter 2025 earnings report, which showed earnings per share of $1.20, matching Stifel’s estimate and exceeding the consensus expectation of $1.17.
Stifel noted that Landstar demonstrated strong yield performance, particularly in unsided equipment, and that the company’s BCO (Business Capacity Owner) capacity attrition has stabilized.
While Landstar management continues to view the market as oversupplied, Stifel analysts anticipate a gradual improvement in market conditions rather than further deterioration.
Despite acknowledging Landstar as "a good steward of capital" with a "tried-and-true" business model, Stifel believes the company performs best during steeper market recoveries, which is difficult to forecast in the current environment.
In other recent news, Landstar System reported its second quarter 2025 earnings, surpassing analyst expectations with an earnings per share (EPS) of $1.20. This figure exceeded the Benchmark estimate of $1.12 and the FactSet consensus of $1.17. Despite this earnings beat, the company’s revenue of $1.211 billion reflected a 1.1% decline compared to the same period last year. Additionally, the EPS was down 19% year-over-year. UBS adjusted its price target for Landstar System to $149 from $154, citing a revised 2026 EPS estimate of $6.20, down from $6.40. UBS maintained a Neutral rating on the stock. Benchmark reiterated its Hold rating following the earnings announcement. These developments highlight the recent financial performance and analyst perspectives on Landstar System.
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