Saia (SAIA) Receives Daily News Sentiment Rating of 0.16
News articles about Saia (NASDAQ:SAIA) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Saia earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the transportation company an impact score of 46.2782976843791 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Brokerages Anticipate Saia Inc (SAIA) Will Announce Quarterly Sales of $417.30 Million (americanbankingnews.com)
- 5 Trucking Stocks to Drive Into Earnings Beat in Q2 (finance.yahoo.com)
- Saia Sees Unusually High Options Volume (SAIA) (americanbankingnews.com)
- Open Table celebrates purchase of new delivery truck (clinton.wickedlocal.com)
- Saia (SAIA) Scheduled to Post Quarterly Earnings on Thursday (americanbankingnews.com)
SAIA has been the subject of a number of analyst reports. Zacks Investment Research cut shares of Saia from a “buy” rating to a “hold” rating in a research note on Wednesday, April 25th. Morgan Stanley cut their target price on shares of Saia from $50.00 to $48.00 and set an “underweight” rating for the company in a research note on Friday, April 6th. Stifel Nicolaus cut shares of Saia to a “hold” rating in a research note on Monday, June 18th. They noted that the move was a valuation call. Stephens reiterated a “hold” rating and issued a $77.00 target price on shares of Saia in a research note on Thursday, April 12th. Finally, BidaskClub cut shares of Saia from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 7th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $77.67.
Saia (NASDAQ:SAIA) last posted its earnings results on Friday, April 27th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.05. Saia had a net margin of 6.94% and a return on equity of 11.86%. The company had revenue of $392.80 million during the quarter, compared to analysts’ expectations of $382.95 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. Saia’s quarterly revenue was up 21.6% compared to the same quarter last year. analysts forecast that Saia will post 3.8 EPS for the current fiscal year.
In other Saia news, Director Douglas Wayne Rockel sold 2,093 shares of Saia stock in a transaction on Thursday, May 24th. The shares were sold at an average price of $80.87, for a total transaction of $169,260.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.
Saia, Inc, through its wholly-owned subsidiaries, operates as a transportation company in North America. The company provides regional and interregional less-than-truckload services for shipments between 100 and 10,000 pounds; truckload services; and other value-added services, including non-asset truckload, expedited, and logistics services.
See Also: Book Value Per Share – BVPS
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