Saia, Inc. (NASDAQ:SAIA) Receives Consensus Rating of “Hold” from Analysts

Shares of Saia, Inc. (NASDAQ:SAIA) have been given a consensus rating of “Hold” by the twenty-one brokerages that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and ten have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $452.1667.

A number of analysts recently issued reports on the company. Citigroup raised their price target on Saia from $428.00 to $516.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. BMO Capital Markets raised their price target on Saia from $450.00 to $470.00 and gave the stock a “market perform” rating in a research report on Thursday. TD Cowen raised their price target on Saia from $367.00 to $445.00 and gave the stock a “hold” rating in a research report on Friday, May 1st. Barclays raised their price target on Saia from $400.00 to $500.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Finally, UBS Group restated a “buy” rating and issued a $493.00 price target on shares of Saia in a research report on Wednesday, February 11th.

Saia Trading Down 1.0%

SAIA stock opened at $466.51 on Friday. The firm has a fifty day moving average price of $427.54 and a 200 day moving average price of $374.81. Saia has a fifty-two week low of $249.00 and a fifty-two week high of $485.00. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.52 and a current ratio of 1.52. The firm has a market cap of $12.44 billion, a PE ratio of 49.00, a price-to-earnings-growth ratio of 2.23 and a beta of 2.10.

Saia (NASDAQ:SAIA) last released its earnings results on Thursday, April 30th. The transportation company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.82 by $0.04. The firm had revenue of $806.23 million for the quarter, compared to the consensus estimate of $789.08 million. Saia had a return on equity of 9.60% and a net margin of 7.84%.The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.86 EPS. Sell-side analysts anticipate that Saia will post 11.39 earnings per share for the current fiscal year.

Institutional Trading of Saia

Institutional investors have recently bought and sold shares of the stock. Quarry LP lifted its position in Saia by 8,400.0% in the fourth quarter. Quarry LP now owns 85 shares of the transportation company’s stock worth $28,000 after buying an additional 84 shares during the last quarter. State of Wyoming bought a new position in Saia in the 3rd quarter valued at $30,000. Los Angeles Capital Management LLC bought a new position in Saia in the 4th quarter valued at $36,000. Torren Management LLC bought a new position in Saia in the 4th quarter valued at $40,000. Finally, Larson Financial Group LLC grew its position in Saia by 1,612.5% in the 4th quarter. Larson Financial Group LLC now owns 137 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 129 shares during the last quarter.

Saia Company Profile

Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.

The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.