Shares of Saia, Inc. (NASDAQ:SAIA – Get Free Report) have received a consensus rating of “Moderate Buy” from the seventeen ratings firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eleven have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $500.84.
Several equities research analysts have recently weighed in on SAIA shares. Raymond James boosted their target price on shares of Saia from $565.00 to $604.00 and gave the stock an “outperform” rating in a research report on Monday, April 15th. Susquehanna boosted their target price on shares of Saia from $500.00 to $625.00 and gave the stock a “positive” rating in a research report on Thursday, February 8th. The Goldman Sachs Group boosted their price objective on shares of Saia from $504.00 to $567.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. JPMorgan Chase & Co. started coverage on shares of Saia in a research report on Monday, March 11th. They set an “overweight” rating and a $676.00 price objective for the company. Finally, UBS Group boosted their price objective on shares of Saia from $475.00 to $618.00 and gave the company a “buy” rating in a research report on Monday, February 5th.
Get Our Latest Research Report on Saia
Insider Buying and Selling at Saia
Institutional Trading of Saia
A number of institutional investors have recently made changes to their positions in SAIA. IFP Advisors Inc lifted its stake in Saia by 17.7% during the third quarter. IFP Advisors Inc now owns 399 shares of the transportation company’s stock valued at $159,000 after purchasing an additional 60 shares during the last quarter. SG Americas Securities LLC lifted its stake in Saia by 173.9% during the third quarter. SG Americas Securities LLC now owns 8,241 shares of the transportation company’s stock valued at $3,285,000 after purchasing an additional 5,232 shares during the last quarter. Oak Thistle LLC acquired a new stake in Saia during the third quarter valued at approximately $843,000. Commonwealth Equity Services LLC lifted its stake in Saia by 1.9% during the third quarter. Commonwealth Equity Services LLC now owns 1,549 shares of the transportation company’s stock valued at $618,000 after purchasing an additional 29 shares during the last quarter. Finally, Raymond James & Associates lifted its stake in Saia by 0.7% during the third quarter. Raymond James & Associates now owns 92,450 shares of the transportation company’s stock valued at $36,855,000 after purchasing an additional 653 shares during the last quarter.
Saia Trading Up 2.9 %
NASDAQ:SAIA opened at $543.02 on Tuesday. The firm’s fifty day simple moving average is $570.97 and its 200 day simple moving average is $478.40. The firm has a market capitalization of $14.44 billion, a price-to-earnings ratio of 40.51, a PEG ratio of 1.77 and a beta of 1.62. Saia has a twelve month low of $244.69 and a twelve month high of $628.34.
Saia (NASDAQ:SAIA – Get Free Report) last released its earnings results on Friday, February 2nd. The transportation company reported $3.33 earnings per share for the quarter, topping the consensus estimate of $3.20 by $0.13. The company had revenue of $751.10 million during the quarter, compared to the consensus estimate of $745.48 million. Saia had a net margin of 12.31% and a return on equity of 19.75%. The company’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.65 EPS. On average, analysts predict that Saia will post 16.13 earnings per share for the current year.
Saia Company Profile
Saia, Inc, together with its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. It also offers other value-added services, including non-asset truckload, expedited, and logistics services.
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