Saia (NASDAQ:SAIA - Free Report) had its price objective increased by Citigroup from $288.00 to $317.00 in a research report sent to investors on Friday,Benzinga reports. Citigroup currently has a buy rating on the transportation company's stock.
Other equities analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft cut shares of Saia from a "buy" rating to a "hold" rating and set a $273.00 price objective on the stock. in a research report on Thursday, May 1st. Barclays downgraded Saia from an "overweight" rating to an "equal weight" rating in a report on Tuesday, April 29th. Wall Street Zen upgraded Saia to a "sell" rating in a research note on Tuesday, May 13th. Raymond James set a $310.00 target price on Saia and gave the company an "outperform" rating in a report on Monday, April 28th. Finally, UBS Group decreased their price target on Saia from $422.00 to $305.00 and set a "buy" rating for the company in a research report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $338.95.
Check Out Our Latest Analysis on SAIA
Saia Trading Down 2.3%
Shares of SAIA stock traded down $6.34 during mid-day trading on Friday, hitting $263.69. The company's stock had a trading volume of 532,636 shares, compared to its average volume of 497,100. The company has a market cap of $7.02 billion, a PE ratio of 19.52, a P/E/G ratio of 2.24 and a beta of 2.03. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.26 and a current ratio of 1.57. The company's fifty day simple moving average is $302.87 and its 200-day simple moving average is $411.06. Saia has a 52 week low of $229.12 and a 52 week high of $624.55.
Saia (NASDAQ:SAIA - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The transportation company reported $1.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.77 by ($0.91). The business had revenue of $787.58 million during the quarter, compared to analyst estimates of $806.18 million. Saia had a net margin of 11.28% and a return on equity of 16.63%. Saia's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the firm posted $3.38 earnings per share. As a group, equities research analysts expect that Saia will post 15.46 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Saia
A number of institutional investors have recently made changes to their positions in SAIA. EverSource Wealth Advisors LLC raised its position in Saia by 3.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 744 shares of the transportation company's stock worth $339,000 after buying an additional 26 shares during the last quarter. Core Wealth Advisors Inc. raised its holdings in shares of Saia by 3.9% during the fourth quarter. Core Wealth Advisors Inc. now owns 700 shares of the transportation company's stock valued at $319,000 after purchasing an additional 26 shares during the last quarter. Arizona State Retirement System raised its holdings in shares of Saia by 0.4% during the fourth quarter. Arizona State Retirement System now owns 7,685 shares of the transportation company's stock valued at $3,502,000 after purchasing an additional 29 shares during the last quarter. Heritage Family Offices LLP lifted its position in Saia by 4.1% during the first quarter. Heritage Family Offices LLP now owns 741 shares of the transportation company's stock valued at $259,000 after purchasing an additional 29 shares during the period. Finally, Avantax Advisory Services Inc. boosted its holdings in Saia by 4.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 678 shares of the transportation company's stock worth $309,000 after purchasing an additional 30 shares during the last quarter.
Saia Company Profile
(
Get Free Report)
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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