Saia, Inc. (NASDAQ:SAIA) Given Average Rating of “Moderate Buy” by Analysts

Shares of Saia, Inc. (NASDAQ:SAIA) have been assigned a consensus rating of “Moderate Buy” from the fifteen research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $479.07.

A number of research firms have recently weighed in on SAIA. TD Cowen raised their price target on shares of Saia from $416.00 to $418.00 and gave the company a “hold” rating in a report on Thursday, September 5th. Raymond James cut their target price on Saia from $540.00 to $520.00 and set an “outperform” rating on the stock in a report on Monday, June 24th. Susquehanna upped their price target on Saia from $550.00 to $585.00 and gave the stock a “positive” rating in a research note on Wednesday, September 18th. Benchmark reissued a “buy” rating and issued a $480.00 price objective on shares of Saia in a research note on Thursday, September 19th. Finally, Evercore ISI upped their target price on Saia from $523.00 to $566.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 25th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Saia by 0.6% during the first quarter. Vanguard Group Inc. now owns 2,505,108 shares of the transportation company’s stock worth $1,465,488,000 after buying an additional 15,605 shares in the last quarter. Capital Research Global Investors grew its holdings in shares of Saia by 16.2% during the 1st quarter. Capital Research Global Investors now owns 1,069,332 shares of the transportation company’s stock worth $625,559,000 after purchasing an additional 149,074 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its position in shares of Saia by 2.6% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 869,859 shares of the transportation company’s stock valued at $412,566,000 after purchasing an additional 22,143 shares during the period. Artisan Partners Limited Partnership raised its stake in shares of Saia by 1.9% in the fourth quarter. Artisan Partners Limited Partnership now owns 817,411 shares of the transportation company’s stock valued at $358,206,000 after purchasing an additional 15,317 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. lifted its position in Saia by 6.8% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 708,420 shares of the transportation company’s stock worth $414,425,000 after purchasing an additional 45,155 shares during the period.

Saia Stock Performance

Shares of SAIA stock opened at $431.28 on Friday. Saia has a fifty-two week low of $341.26 and a fifty-two week high of $628.34. The stock’s 50-day moving average is $410.74 and its two-hundred day moving average is $458.32. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.36 and a quick ratio of 1.36. The firm has a market cap of $11.47 billion, a P/E ratio of 31.25, a PEG ratio of 2.09 and a beta of 1.74.

Saia (NASDAQ:SAIA) last released its quarterly earnings data on Friday, July 26th. The transportation company reported $3.83 EPS for the quarter, missing analysts’ consensus estimates of $4.00 by ($0.17). The firm had revenue of $823.24 million during the quarter, compared to analyst estimates of $821.60 million. Saia had a return on equity of 19.14% and a net margin of 12.26%. Analysts predict that Saia will post 13.91 earnings per share for the current fiscal 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.