James Gattoni - Landstar System CEO

LSTR Stock  USD 179.45  0.07  0.04%   

CEO

Mr. James B. Gattoni is President, Chief Executive Officer, Director of the Company. Mr. Gattoni was President and Chief Financial Officer of the Company from January 2014 to December 28, 2014. Mr. Gattoni was Executive Vice President and Chief Financial Officer from January 2013 to January 2014. Mr. Gattoni was Vice President and Chief Financial Officer of the Company from April 2007 to January 2013. Mr. Gattoni was Vice President and CoChief Financial Officer of the Company from January 2007 to April 2007. He was Vice President and Corporationrationrate Controller of Landstar System Holdings, Inc. from July 2000 to January 2007. He was Corporationrationrate Controller of LSHI from November 1995 until July 2000. He is also an officer or director of each of the Companys subsidiaries and is a trustee of the Landstar Scholarship Fund. Mr. Gattoni has significant financial, administrative and operational experience with the Company, having served as the Chief Financial Officer since 2007 and as President of the Company during 2014. Mr. Gattoni was instrumental in contributing to the growth of Landstar over his twenty year career with the Company and, as Chief Executive Officer, is responsible for leading the overall strategic direction of the enterprise. Prior to joining the Company, Mr. Gattoni was a certified public accountant with KPMG for approximately eight years. since 2015.
Age 63
Tenure 9 years
Address 13410 Sutton Park Drive South, Jacksonville, FL, United States, 32224
Phone904 398 9400
Webhttps://www.landstar.com
Gattoni was again promoted in 2013 when he was named Executive Vice President and CFO. He was named President and CFO in January 2014 and subsequently promoted to President and Chief Executive Officer in December, 2014. In January of 2015, he was elected to the Company’s Board of Directors. From 1987 to 1995, he was employed by the audit division of KPMG LLP. He holds a Bachelor degree in Accounting from Ramapo College in New Jersey.

James Gattoni Latest Insider Activity

Tracking and analyzing the buying and selling activities of James Gattoni against Landstar System stock is an integral part of due diligence when investing in Landstar System. James Gattoni insider activity provides valuable insight into whether Landstar System is net buyers or sellers over its current business cycle. Note, Landstar System insiders must abide by specific rules, including filing SEC forms every time they buy or sell Landstar System'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Landstar System Management Efficiency

The company has return on total asset (ROA) of 0.0913 % which means that it generated a profit of $0.0913 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2018 %, meaning that it created $0.2018 on every $100 dollars invested by stockholders. Landstar System's management efficiency ratios could be used to measure how well Landstar System manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to drop to 0.11. In addition to that, Return On Capital Employed is likely to drop to 0.42. At this time, Landstar System's Non Currrent Assets Other are relatively stable compared to the past year. As of 11/22/2024, Total Current Assets is likely to grow to about 1.4 B, while Non Current Assets Total are likely to drop slightly above 272.6 M.
Landstar System currently holds 134.38 M in liabilities with Debt to Equity (D/E) ratio of 0.24, which may suggest the company is not taking enough advantage from borrowing. Landstar System has a current ratio of 1.55, which is within standard range for the sector. Note, when we think about Landstar System's use of debt, we should always consider it together with its cash and equity.

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Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida. Landstar System operates under Integrated Freight Logistics classification in the United States and is traded on NASDAQ Exchange. It employs 1300 people. Landstar System (LSTR) is traded on NASDAQ Exchange in USA. It is located in 13410 Sutton Park Drive South, Jacksonville, FL, United States, 32224 and employs 1,500 people. Landstar System is listed under Cargo Ground Transportation category by Fama And French industry classification.

Management Performance

Landstar System Leadership Team

Elected by the shareholders, the Landstar System's board of directors comprises two types of representatives: Landstar System inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Landstar. The board's role is to monitor Landstar System's management team and ensure that shareholders' interests are well served. Landstar System's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Landstar System's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Applegate, Executive Strategy
James Todd, Principal VP
James Gattoni, CEO and President Director, Member of Safety and Risk Committee and Member of Strategic Planning Committee
Matt Dannegger, VP Officer
Patty McMenamin, Vice Communications
Aimee Cooper, VP Officer
Robert Brasher, Vice President Chief Commercial Officer
Ricardo Coro, CIO, Vice President
Frank Lonegro, CEO President
Michael Kneller, VP, General Counsel and Secretary
Joseph Beacom, Chief Safety and Operations Officer and VP

Landstar Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Landstar System a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Landstar System

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Landstar System position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Landstar System will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Landstar System could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Landstar System when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Landstar System - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Landstar System to buy it.
The correlation of Landstar System is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Landstar System moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Landstar System moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Landstar System can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Landstar Stock Analysis

When running Landstar System's price analysis, check to measure Landstar System's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Landstar System is operating at the current time. Most of Landstar System's value examination focuses on studying past and present price action to predict the probability of Landstar System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Landstar System's price. Additionally, you may evaluate how the addition of Landstar System to your portfolios can decrease your overall portfolio volatility.