Landstar System, Inc. (LSTR) Stock: What Does the Chart Say Thursday?

Landstar System, Inc. (LSTR) stock has gained 6.97% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Landstar System, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LSTR!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With LSTR Stock Today?

Landstar System, Inc. (LSTR) stock is up 0.96% while the S&P 500 is lower by -0.04% as of 1:19 PM on Thursday, Oct 21. LSTR has gained $1.63 from the previous closing price of $168.95 on volume of 149,142 shares. Over the past year the S&P 500 has gained 31.69% while LSTR has gained 32.96%. LSTR earned $8.69 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.63. To screen for more stocks like Landstar System, Inc. click here.

More About Landstar System, Inc.

Landstar System is an asset-light third-party logistics provider focused on over-the-road truck transportation (92% of revenue). It also offers intermodal (3%) and global air and ocean forwarding (3%). The remainder of its revenue stems from warehousing services and premiums from insurance programs offered to captive owner-operators. Click Here to get the full Stock Report for Landstar System, Inc. stock.