Saia (SAIA) Set to Announce Earnings on Friday
Saia (NASDAQ:SAIA) is scheduled to be posting its Q114 quarterly earnings results on Friday, April 25th. Analysts expect Saia to post earnings of $0.30 per share and revenue of $287.21 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
Saia (NASDAQ:SAIA) last announced its earnings results on Friday, January 31st. The company reported $0.32 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.33 by $0.01. The company had revenue of $280.00 million for the quarter, compared to the consensus estimate of $277.11 million. During the same quarter last year, the company posted $0.33 earnings per share. Saia’s revenue was up 5.8% compared to the same quarter last year. On average, analysts expect Saia to post $2.11 EPS for the current fiscal year and $2.60 EPS for the next fiscal year.
Shares of Saia (NASDAQ:SAIA) opened at 38.10 on Thursday. Saia has a one year low of $24.4667 and a one year high of $40.68. The stock’s 50-day moving average is $38.09 and its 200-day moving average is $34.08. The company has a market cap of $924.9 million and a price-to-earnings ratio of 22.76. Saia also was the recipient of a significant drop in short interest in January. As of March 31st, there was short interest totalling 694,013 shares, a drop of 29.8% from the March 14th total of 988,808 shares. Based on an average daily trading volume, of 181,872 shares, the short-interest ratio is presently 3.8 days. Approximately 2.9% of the shares of the stock are sold short.
On the ratings front, analysts at Wunderlich upgraded shares of Saia from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. They now have a $40.00 price target on the stock, up previously from $32.00. Six research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average target price of $34.99.
Saia, Inc (NASDAQ:SAIA), through its wholly owned subsidiaries, is a transportation company.
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