Several brokerages have updated their recommendations and price targets on shares of Saia (NASDAQ: SAIA) in the last few weeks:
- 9/6/2024 – Saia had its price target raised by analysts at JPMorgan Chase & Co. from $479.00 to $481.00. They now have an “overweight” rating on the stock.
- 9/5/2024 – Saia had its price target raised by analysts at TD Cowen from $416.00 to $418.00. They now have a “hold” rating on the stock.
- 9/5/2024 – Saia had its price target raised by analysts at Wells Fargo & Company from $400.00 to $410.00. They now have an “equal weight” rating on the stock.
- 9/5/2024 – Saia had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $480.00 price target on the stock.
- 9/5/2024 – Saia had its price target raised by analysts at Bank of America Co. from $443.00 to $460.00. They now have a “buy” rating on the stock.
- 7/29/2024 – Saia had its price target lowered by analysts at Barclays PLC from $575.00 to $515.00. They now have an “overweight” rating on the stock.
- 7/29/2024 – Saia had its price target lowered by analysts at BMO Capital Markets from $500.00 to $480.00. They now have a “market perform” rating on the stock.
- 7/29/2024 – Saia had its price target lowered by analysts at TD Cowen from $475.00 to $416.00. They now have a “hold” rating on the stock.
- 7/29/2024 – Saia had its price target lowered by analysts at Wells Fargo & Company from $445.00 to $400.00. They now have an “equal weight” rating on the stock.
- 7/29/2024 – Saia had its price target lowered by analysts at Benchmark Co. from $575.00 to $480.00. They now have a “buy” rating on the stock.
- 7/22/2024 – Saia had its price target raised by analysts at Bank of America Co. from $501.00 to $555.00. They now have a “buy” rating on the stock.
Saia Stock Performance
SAIA opened at $410.82 on Tuesday. Saia, Inc. has a 12-month low of $341.26 and a 12-month high of $628.34. The business has a 50 day moving average of $418.65 and a 200-day moving average of $469.91. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.08. The stock has a market cap of $10.92 billion, a price-to-earnings ratio of 29.77, a PEG ratio of 1.90 and a beta of 1.74.
Saia (NASDAQ:SAIA – Get Free Report) last announced its earnings results on Friday, July 26th. The transportation company reported $3.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.00 by ($0.17). Saia had a net margin of 12.26% and a return on equity of 19.14%. The business had revenue of $823.24 million during the quarter, compared to the consensus estimate of $821.60 million. On average, equities research analysts expect that Saia, Inc. will post 13.91 earnings per share for the current year.
Institutional Inflows and Outflows
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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