Saia Reaches New 52-Week High at $46.74 (SAIA)
Saia (NASDAQ:SAIA) reached a new 52-week high on Monday , Analyst Ratings.Net reports. The stock traded as high as $46.74 and last traded at $46.41, with a volume of 57,003 shares changing hands. The stock had previously closed at $45.46.
SAIA has been the subject of a number of recent research reports. Analysts at Raymond James raised their price target on shares of Saia from $42.00 to $44.00 in a research note on Monday, April 28th. Separately, analysts at Wunderlich raised their price target on shares of Saia from $40.00 to $48.00 in a research note on Monday, April 28th. They now have a “buy” rating on the stock. Finally, analysts at EuroPacific Canada raised their price target on shares of Saia from $40.00 to $42.00 in a research note on Friday, April 25th. They now have a “neutral” rating on the stock. They noted that the move was a valuation call.
The stock has a 50-day moving average of $42.10 and a 200-day moving average of $36.38. The company has a market cap of $1.128 billion and a price-to-earnings ratio of 26.76.
Saia (NASDAQ:SAIA) last released its earnings data on Friday, April 25th. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.30 by $0.04. The company had revenue of $300.00 million for the quarter, compared to the consensus estimate of $287.21 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. The company’s quarterly revenue was up 9.5% on a year-over-year basis. Analysts expect that Saia will post $2.19 EPS for the current fiscal year.
Saia, Inc (NASDAQ:SAIA), through its wholly owned subsidiaries, is a transportation company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.