Saia (SAIA) Earns News Sentiment Score of 0.12
News stories about Saia (NASDAQ:SAIA) have trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Saia earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 47.5318039130555 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Saia, Inc. breached its 50 day moving average in a Bearish Manner : SAIA-US : October 17, 2017 (finance.yahoo.com)
- Saia, Inc. (SAIA) to Release Quarterly Earnings on Tuesday (americanbankingnews.com)
- Saia, Inc. (SAIA) Stock Rating Reaffirmed by Cowen and Company (americanbankingnews.com)
- Are South Africans adequately covered for natural disaster damage? (moneyweb.co.za)
- Equities Analysts Set Expectations for Saia, Inc.’s FY2018 Earnings (SAIA) (americanbankingnews.com)
A number of equities analysts recently commented on SAIA shares. BidaskClub raised Saia from a “hold” rating to a “buy” rating in a research note on Saturday, July 1st. ValuEngine raised Saia from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Morgan Stanley lifted their price objective on Saia from $32.00 to $34.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 5th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $53.00 price objective on shares of Saia in a research note on Thursday, September 21st. Finally, Zacks Investment Research lowered Saia from a “buy” rating to a “hold” rating in a research note on Wednesday, September 20th. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Saia currently has a consensus rating of “Hold” and an average price target of $50.33.
Saia (NASDAQ SAIA) traded up 0.18% during trading on Tuesday, hitting $56.75. The company had a trading volume of 108,011 shares. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 27.54 and a beta of 0.84. The company’s 50 day moving average price is $59.01 and its 200-day moving average price is $51.29. Saia has a 1-year low of $28.57 and a 1-year high of $63.05.
Saia (NASDAQ:SAIA) last released its quarterly earnings data on Friday, July 28th. The transportation company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.06. Saia had a return on equity of 10.84% and a net margin of 4.12%. The business had revenue of $358.20 million during the quarter, compared to analysts’ expectations of $348.53 million. During the same quarter last year, the business posted $0.52 EPS. The business’s revenue was up 14.8% on a year-over-year basis. On average, analysts expect that Saia will post $2.17 EPS for the current year.
In other Saia news, Director Herbert A. Trucksess III sold 30,000 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $54.09, for a total value of $1,622,700.00. Following the completion of the sale, the director now owns 183,442 shares in the company, valued at approximately $9,922,377.78. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Richard D. Odell sold 6,400 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $53.71, for a total value of $343,744.00. Following the completion of the sale, the chief executive officer now owns 9,034 shares of the company’s stock, valued at approximately $485,216.14. The disclosure for this sale can be found here. In the last quarter, insiders sold 74,576 shares of company stock valued at $4,053,452. Company insiders own 1.50% of the company’s stock.
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Saia, Inc is a transportation company. The Company provides regional and interregional less-than-truckload (LTL) services. The Company also offers a range of other value-added services, including non-asset truckload, expedited and logistics services across the United States. The Company’s subsidiary Saia Motor Freight Line, LLC (Saia LTL Freight) is a LTL carrier.
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