Saia Inc (NASDAQ:SAIA) has earned an average rating of “Buy” from the fourteen ratings firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $72.58.

Several equities research analysts have recently commented on the company. BidaskClub raised Saia from a “sell” rating to a “hold” rating in a report on Friday, March 29th. Buckingham Research set a $84.00 price objective on Saia and gave the company a “buy” rating in a report on Tuesday, February 5th. Seaport Global Securities reissued a “neutral” rating on shares of Saia in a report on Friday, April 5th. Zacks Investment Research raised Saia from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a report on Thursday, February 21st. Finally, ValuEngine raised Saia from a “sell” rating to a “hold” rating in a report on Monday, February 4th.

Shares of NASDAQ SAIA traded up $0.48 during trading hours on Monday, hitting $66.79. The company had a trading volume of 4,185 shares, compared to its average volume of 212,544. The company has a market cap of $1.72 billion, a PE ratio of 16.78 and a beta of 1.07. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.18. Saia has a 1-year low of $52.04 and a 1-year high of $87.05.

Saia (NASDAQ:SAIA) last released its quarterly earnings data on Wednesday, May 1st. The transportation company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.05). The company had revenue of $410.60 million during the quarter, compared to analyst estimates of $410.25 million. Saia had a net margin of 6.35% and a return on equity of 15.59%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.77 EPS. As a group, sell-side analysts predict that Saia will post 4.58 EPS for the current fiscal year.

In other Saia news, VP Paul C. Peck sold 1,265 shares of the firm’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $68.00, for a total transaction of $86,020.00. Following the completion of the sale, the vice president now owns 1,128 shares of the company’s stock, valued at approximately $76,704. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.30% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the business. Teachers Advisors LLC increased its position in Saia by 3.6% during the 3rd quarter. Teachers Advisors LLC now owns 49,458 shares of the transportation company’s stock worth $3,781,000 after buying an additional 1,738 shares during the period. Legal & General Group Plc increased its position in Saia by 7.7% during the 3rd quarter. Legal & General Group Plc now owns 60,257 shares of the transportation company’s stock worth $4,609,000 after buying an additional 4,326 shares during the period. Morgan Stanley increased its position in Saia by 84.3% during the 3rd quarter. Morgan Stanley now owns 109,678 shares of the transportation company’s stock worth $8,386,000 after buying an additional 50,162 shares during the period. Vanguard Group Inc. increased its position in Saia by 29.8% during the 3rd quarter. Vanguard Group Inc. now owns 2,577,696 shares of the transportation company’s stock worth $197,065,000 after buying an additional 592,115 shares during the period. Finally, Federated Investors Inc. PA increased its position in Saia by 51.1% during the 3rd quarter. Federated Investors Inc. PA now owns 30,636 shares of the transportation company’s stock worth $2,342,000 after buying an additional 10,357 shares during the period.

Saia Company Profile

Saia, Inc, through its 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; and other value-added services, including non-asset truckload, expedited, and logistics services.

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Analyst Recommendations for Saia (NASDAQ:SAIA)

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