The leading market experts have placed a mean price target of $67.79 on Landstar System, Inc. (NASDAQ:LSTR) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.83 a share for the upcoming quarter and $3.08 for the current fiscal.
The technical analysis of Landstar System, Inc. plainly substantiates that the 50-day moving average of Landstar System, Inc. is $69.69, and stock is trading $0.12 points away or +0.18% from its 50-day moving average of $69.69. Further it is trading $3.83 or +5.80% away its 200-day moving average of $65.98. Landstar System, Inc. (NASDAQ:LSTR) 52-week high is $72.97 and the 52-week low is $53.03.
This explains if the stock moves $-3.16, it will post a 52-week high. In event of +31.64% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Landstar System, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Landstar System, Inc. (NASDAQ:LSTR) ratio came in at 21.57.
The stock last ended the trading session at $69.81 and registered a market cap of $2.94B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Landstar System, Inc. (NASDAQ:LSTR) PEG ratio is at 1.78.
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