Brokerages expect Saia Inc (NASDAQ:SAIA) to post sales of $375.58 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Saia’s earnings. The lowest sales estimate is $371.30 million and the highest is $379.40 million. Saia reported sales of $317.04 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 18.5%. The firm is scheduled to announce its next earnings results on Friday, April 27th.

According to Zacks, analysts expect that Saia will report full-year sales of $375.58 million for the current year, with estimates ranging from $1.51 billion to $1.62 billion. For the next year, analysts expect that the company will post sales of $1.71 billion per share, with estimates ranging from $1.63 billion to $1.78 billion. Zacks’ sales calculations are an average based on a survey of research firms that cover Saia.

Saia (NASDAQ:SAIA) last announced its quarterly earnings data on Friday, February 2nd. The transportation company reported $0.53 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.53. Saia had a return on equity of 34.38% and a net margin of 13.52%. The firm had revenue of $353.20 million for the quarter, compared to analysts’ expectations of $343.26 million. During the same period last year, the business posted $0.40 earnings per share. The firm’s revenue for the quarter was up 17.7% on a year-over-year basis.

Several equities analysts recently issued reports on the company. Cowen raised their price objective on Saia from $61.00 to $80.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Stephens reiterated a “neutral” rating on shares of Saia in a research note on Friday, February 2nd. Stifel Nicolaus raised their target price on Saia from $60.00 to $61.00 and gave the company a “hold” rating in a research note on Wednesday, December 13th. Seaport Global Securities reiterated a “buy” rating on shares of Saia in a research note on Tuesday, December 5th. Finally, ValuEngine cut Saia from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Five equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $63.75.

Saia (NASDAQ SAIA) opened at $74.00 on Thursday. Saia has a one year low of $41.28 and a one year high of $80.25. The stock has a market capitalization of $1,890.00, a price-to-earnings ratio of 21.20 and a beta of 0.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 1.22.

In other Saia news, CEO Richard D. Odell sold 53,171 shares of the firm’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $74.02, for a total value of $3,935,717.42. Following the sale, the chief executive officer now directly owns 12,972 shares in the company, valued at $960,187.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Bjorn E. Olsson sold 3,000 shares of the firm’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $73.51, for a total value of $220,530.00. The disclosure for this sale can be found here. Insiders sold 81,709 shares of company stock worth $6,040,524 over the last quarter. 1.50% of the stock is currently owned by company insiders.

A number of hedge funds have recently bought and sold shares of the business. BlackRock Inc. increased its holdings in shares of Saia by 2.3% during the fourth quarter. BlackRock Inc. now owns 3,257,409 shares of the transportation company’s stock valued at $230,461,000 after purchasing an additional 71,934 shares during the period. Vanguard Group Inc. increased its holdings in shares of Saia by 4.1% during the second quarter. Vanguard Group Inc. now owns 1,318,331 shares of the transportation company’s stock valued at $67,631,000 after purchasing an additional 51,915 shares during the period. Victory Capital Management Inc. increased its holdings in shares of Saia by 5.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,017,007 shares of the transportation company’s stock valued at $71,953,000 after purchasing an additional 52,587 shares during the period. Alliancebernstein L.P. increased its holdings in shares of Saia by 16.6% during the fourth quarter. Alliancebernstein L.P. now owns 541,989 shares of the transportation company’s stock valued at $38,346,000 after purchasing an additional 77,224 shares during the period. Finally, Frontier Capital Management Co. LLC increased its holdings in shares of Saia by 2.2% during the third quarter. Frontier Capital Management Co. LLC now owns 422,361 shares of the transportation company’s stock valued at $26,461,000 after purchasing an additional 9,026 shares during the period. Institutional investors own 99.83% of the company’s stock.

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Saia Company Profile

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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Earnings History and Estimates for Saia (NASDAQ:SAIA)

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