Alamea Verwaltungs GmbH Makes New $382,000 Investment in Saia, Inc. $SAIA

Alamea Verwaltungs GmbH acquired a new position in Saia, Inc. (NASDAQ:SAIA) in the 4th quarter, Holdings Channel reports. The firm acquired 1,140 shares of the transportation company’s stock, valued at approximately $382,000.

Several other institutional investors and hedge funds have also bought and sold shares of SAIA. Quarry LP lifted its holdings 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 period. State of Wyoming purchased a new stake in Saia in the third quarter worth about $30,000. Los Angeles Capital Management LLC purchased a new stake in Saia in the fourth quarter worth about $36,000. Torren Management LLC purchased a new stake in Saia in the fourth quarter worth about $40,000. Finally, Allworth Financial LP lifted its holdings in Saia by 69.0% in the third quarter. Allworth Financial LP now owns 142 shares of the transportation company’s stock worth $43,000 after buying an additional 58 shares during the period.

Wall Street Analysts Forecast Growth

SAIA has been the subject of several research analyst reports. Raymond James Financial restated an “outperform” rating and issued a $477.00 price objective on shares of Saia in a report on Friday, May 1st. Morgan Stanley reiterated an “underweight” rating and set a $265.00 target price on shares of Saia in a report on Friday, May 1st. Evercore set a $476.00 target price on shares of Saia in a report on Friday, May 1st. Stifel Nicolaus set a $450.00 target price on shares of Saia in a report on Friday, May 1st. Finally, Weiss Ratings upgraded shares of Saia from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Ten investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $453.56.

Saia Price Performance

Shares of SAIA opened at $482.87 on Friday. The company has a market capitalization of $12.88 billion, a P/E ratio of 50.72, a price-to-earnings-growth ratio of 2.30 and a beta of 2.10. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.04. The firm has a 50 day moving average of $441.15 and a 200 day moving average of $382.46. Saia, Inc. has a twelve month low of $249.32 and a twelve month high of $494.71.

Saia (NASDAQ:SAIA) last announced its quarterly 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 company had revenue of $806.23 million during the quarter, compared to the consensus estimate of $789.08 million. Saia had a net margin of 7.84% and a return on equity of 9.60%. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.86 earnings per share. As a group, equities research analysts anticipate that Saia, Inc. will post 11.4 earnings per share for the current fiscal year.

Saia 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.