Analysts expect that Saia Inc (NASDAQ:SAIA) will report earnings of $1.25 per share for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for Saia’s earnings, with the lowest EPS estimate coming in at $1.21 and the highest estimate coming in at $1.30. Saia reported earnings per share of $1.07 in the same quarter last year, which indicates a positive year over year growth rate of 16.8%. The company is expected to announce its next earnings report on Wednesday, October 30th.

According to Zacks, analysts expect that Saia will report full-year earnings of $4.57 per share for the current year, with EPS estimates ranging from $4.34 to $4.65. For the next fiscal year, analysts forecast that the firm will report earnings of $5.08 per share, with EPS estimates ranging from $4.56 to $5.31. Zacks’ EPS calculations are a mean average based on a survey of research analysts that that provide coverage for Saia.

Saia (NASDAQ:SAIA) last posted its earnings results on Wednesday, July 31st. The transportation company reported $1.40 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.32 by $0.08. Saia had a net margin of 6.61% and a return on equity of 15.90%. The firm had revenue of $464.00 million for the quarter, compared to analyst estimates of $449.42 million. During the same period in the previous year, the firm posted $1.15 EPS. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year.

A number of equities research analysts have weighed in on SAIA shares. BidaskClub raised shares of Saia from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 7th. Stifel Nicolaus boosted their target price on shares of Saia from $66.00 to $77.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. Deutsche Bank set a $80.00 target price on shares of Saia and gave the stock a “buy” rating in a report on Thursday, July 11th. Seaport Global Securities raised shares of Saia from a “neutral” rating to a “buy” rating in a report on Wednesday, May 1st. Finally, ValuEngine raised shares of Saia from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $78.00.

SAIA traded down $1.77 during trading on Wednesday, reaching $79.17. 298,200 shares of the company’s stock were exchanged, compared to its average volume of 210,949. Saia has a one year low of $52.04 and a one year high of $83.75. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $2.07 billion, a PE ratio of 19.84 and a beta of 1.13. The stock has a fifty day moving average price of $69.08.

In other news, VP Paul C. Peck sold 6,240 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $78.00, for a total value of $486,720.00. Following the sale, the vice president now directly owns 7,368 shares of the company’s stock, valued at approximately $574,704. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 1.30% of the company’s stock.

Several large investors have recently bought and sold shares of SAIA. First Mercantile Trust Co. bought a new position in Saia during the second quarter worth $70,000. Parallel Advisors LLC boosted its stake in Saia by 83.0% during the first quarter. Parallel Advisors LLC now owns 1,468 shares of the transportation company’s stock worth $90,000 after acquiring an additional 666 shares in the last quarter. SG Americas Securities LLC bought a new position in Saia during the second quarter worth $145,000. Bank of Montreal Can boosted its stake in Saia by 238.4% during the second quarter. Bank of Montreal Can now owns 3,076 shares of the transportation company’s stock worth $199,000 after acquiring an additional 2,167 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new position in Saia during the second quarter worth $207,000.

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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Earnings History and Estimates for Saia (NASDAQ:SAIA)

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