Published on 8 Apr 2024 on Simply Wall St. via Yahoo Finance
Landstar System, Inc.'s (NASDAQ:LSTR) Stock Been Rising: Are Strong Financials Guiding The Market?
Most readers would already know that Landstar System's (NASDAQ:LSTR) stock increased by 1.1% over the past three months. Given its impressive performance, we decided to study the company's key financial indicators as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Landstar System's ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
Check out our latest analysis for Landstar System