Landstar System stock hits 52-week low at 123.12 USD

Landstar System Inc. stock reached a new 52-week low, trading at 123.12 USD. This milestone marks a significant downturn for the company, reflecting a challenging year in the market. Despite the current price weakness, InvestingPro analysis shows the company maintains strong fundamentals with a current ratio of 2.0 and more cash than debt on its balance sheet. Over the past 12 months, Landstar System has experienced a substantial decline, with its stock price dropping by 31.27%. Despite these challenges, the company has maintained its 21-year dividend payment streak and achieved an 8.4% dividend growth in the last year. According to InvestingPro analysis, the company appears slightly undervalued at current levels, with analysts setting price targets up to $162. Investors will be watching closely to see how Landstar navigates these hurdles in the coming months, with the next earnings report scheduled for October 28.

In other recent news, Landstar System Inc. reported its second-quarter 2025 earnings, with earnings per share (EPS) of $1.20, surpassing the consensus estimate of $1.17. Revenue for the quarter was $1.211 billion, reflecting a 1.1% year-over-year decrease. Despite the revenue decline, the earnings report was better than expected, leading to a reiteration of the Hold rating from Benchmark. In strategic moves, Landstar System announced plans to sell its Mexican subsidiary, Landstar Metro, S.A.P.I. de C.V., as part of its annual strategic review. The company has engaged a financial advisor to explore options, including a potential full or partial sale during the 2025 fiscal year. Meanwhile, Stifel and UBS have both adjusted their price targets for Landstar System, with Stifel lowering it to $131 and UBS to $149, while maintaining their respective Hold and Neutral ratings. UBS’s revision was influenced by an updated EPS estimate for 2026, adjusted to $6.20 from the previous $6.40. These developments reflect ongoing evaluations and strategic adjustments within Landstar System.

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