Saia, Inc. (NASDAQ:SAIA) Receives $444.94 Consensus Target Price from Analysts

Shares of Saia, Inc. (NASDAQ:SAIA) have received an average recommendation of “Hold” from the twenty-one brokerages that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $444.9444.

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Saia from $402.00 to $465.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Stephens upped their target price on shares of Saia from $414.00 to $445.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. UBS Group restated a “buy” rating and set a $493.00 target price on shares of Saia in a research report on Wednesday, February 11th. Stifel Nicolaus set a $450.00 target price on shares of Saia in a research report on Friday, May 1st. Finally, BMO Capital Markets set a $425.00 target price on shares of Saia in a research report on Thursday, February 19th.

Saia Stock Down 2.0%

Shares of NASDAQ:SAIA opened at $448.95 on Wednesday. Saia has a 12 month low of $248.37 and a 12 month high of $464.63. The company’s 50-day moving average price is $392.53 and its two-hundred day moving average price is $358.39. 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 market cap of $11.97 billion, a P/E ratio of 47.16, a P/E/G ratio of 2.19 and a beta of 2.12.

Saia (NASDAQ:SAIA) last issued its quarterly earnings data on Thursday, April 30th. The transportation company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.04. Saia had a net margin of 7.84% and a return on equity of 9.60%. The firm had revenue of $806.23 million for the quarter, compared to analyst estimates of $789.08 million. During the same quarter in the prior year, the firm earned $1.86 EPS. The company’s revenue was up 2.4% on a year-over-year basis. As a group, research analysts forecast that Saia will post 11.38 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Vestor Capital LLC lifted its position in Saia by 9.5% during the 4th quarter. Vestor Capital LLC now owns 323 shares of the transportation company’s stock valued at $96,000 after purchasing an additional 28 shares during the period. Parallel Advisors LLC lifted its position in Saia by 5.8% during the 4th quarter. Parallel Advisors LLC now owns 563 shares of the transportation company’s stock valued at $184,000 after purchasing an additional 31 shares during the period. Wealth Alliance LLC lifted its position in Saia by 5.1% during the 1st quarter. Wealth Alliance LLC now owns 763 shares of the transportation company’s stock valued at $268,000 after purchasing an additional 37 shares during the period. GHP Investment Advisors Inc. lifted its position in Saia by 0.5% during the 3rd quarter. GHP Investment Advisors Inc. now owns 8,182 shares of the transportation company’s stock valued at $2,449,000 after purchasing an additional 38 shares during the period. Finally, Boothbay Fund Management LLC lifted its position in Saia by 3.2% during the 2nd quarter. Boothbay Fund Management LLC now owns 1,401 shares of the transportation company’s stock valued at $384,000 after purchasing an additional 43 shares during the period.

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.