Saia (NASDAQ:SAIA) Price Target Raised to $500.00 at Benchmark

Saia (NASDAQ:SAIA) had its price objective raised by stock analysts at Benchmark from $425.00 to $500.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the transportation company’s stock. Benchmark’s price objective indicates a potential upside of 11.40% from the company’s previous close.

Other analysts have also issued research reports about the company. TD Cowen reiterated a “hold” rating on shares of Saia in a report on Friday, January 9th. Citigroup increased their price objective on Saia from $431.00 to $442.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Barclays reissued an “overweight” rating and issued a $500.00 target price on shares of Saia in a research report on Friday. Susquehanna lowered Saia from a “positive” rating to a “neutral” rating and raised their target price for the stock from $390.00 to $425.00 in a research note on Wednesday, February 11th. Finally, Wall Street Zen lowered Saia from a “hold” rating to a “sell” rating in a research note on Sunday, April 26th. Ten investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Saia presently has a consensus rating of “Hold” and a consensus price target of $412.17.

Saia Stock Performance

Shares of SAIA opened at $448.82 on Friday. Saia has a 12 month low of $231.69 and a 12 month high of $454.88. The stock has a fifty day moving average price of $382.27 and a 200-day moving average price of $346.22. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.06. The firm has a market cap of $11.97 billion, a PE ratio of 47.15, a P/E/G ratio of 2.27 and a beta of 2.04.

Saia (NASDAQ:SAIA) last issued its quarterly earnings data on Thursday, April 30th. The transportation company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.82 by $0.04. Saia had a return on equity of 9.86% and a net margin of 7.89%.The firm had revenue of $806.23 million during the quarter, compared to analyst estimates of $789.08 million. During the same quarter in the prior year, the business posted $1.86 EPS. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. Equities research analysts predict that Saia will post 10.6 earnings per share for the current fiscal year.

Insider Activity at Saia

In other Saia news, EVP Patrick D. Sugar sold 2,706 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $386.74, for a total transaction of $1,046,518.44. Following the sale, the executive vice president directly owned 9,121 shares of the company’s stock, valued at approximately $3,527,455.54. This trade represents a 22.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Raymond R. Ramu sold 5,226 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $387.95, for a total value of $2,027,426.70. Following the sale, the vice president directly owned 3,631 shares in the company, valued at $1,408,646.45. This represents a 59.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 15,533 shares of company stock worth $6,015,055 in the last three months. Company insiders own 0.30% of the company’s stock.

Institutional Investors Weigh In On Saia

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SAIA. AQR Capital Management LLC grew its position in Saia by 52.4% during the 1st quarter. AQR Capital Management LLC now owns 1,781 shares of the transportation company’s stock worth $622,000 after purchasing an additional 612 shares during the period. Jones Financial Companies Lllp grew its position in shares of Saia by 334.3% during the 1st quarter. Jones Financial Companies Lllp now owns 873 shares of the transportation company’s stock valued at $305,000 after acquiring an additional 672 shares during the period. California Public Employees Retirement System grew its position in shares of Saia by 4.3% during the 2nd quarter. California Public Employees Retirement System now owns 32,543 shares of the transportation company’s stock valued at $8,916,000 after acquiring an additional 1,356 shares during the period. Qube Research & Technologies Ltd acquired a new stake in shares of Saia during the 2nd quarter valued at about $11,599,000. Finally, Frontier Capital Management Co. LLC acquired a new stake in shares of Saia during the 2nd quarter valued at about $13,943,000.

More Saia News

Here are the key news stories impacting Saia this week:

• Positive Sentiment: Q1 results topped estimates — Saia reported $1.86 EPS vs. $1.82 consensus and revenue of $806.2M vs. $789.1M est., signaling demand resilience and giving near‑term confidence to investors. MarketBeat Q1 Release
• Positive Sentiment: Management highlights and call tone point to margin rebound hopes — the earnings call discussed cost/leverage dynamics and initiatives to restore margin expansion, which supports upside to profitability over coming quarters. Earnings Call Transcript
• Positive Sentiment: Analyst response: price target increased — TD Cowen’s Jason Seidl (neutral rating retained) lifted his price target to $445 citing strengthening volumes, pricing power and multi‑year margin upside, which can support further multiple expansion. TipRanks Analyst Note
• Neutral Sentiment: Underlying growth is modest — revenue rose ~2.4% year‑over‑year and EPS was flat vs. prior year, indicating improvement but not a step‑change in top‑line momentum. Investors will watch subsequent quarters for reacceleration. GlobeNewswire Q1 Release
• Negative Sentiment: Caution remains on margin timing — several summaries and the call conveyed a cautious tone about how quickly margins will rebound, leaving execution risk that could temper gains if cost or volume trends slip. TipRanks Call Highlights

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.