Citigroup Issues Positive Forecast for Saia (NASDAQ:SAIA) Stock Price

Saia (NASDAQ:SAIA) had its price target lifted by Citigroup from $429.00 to $434.00 in a research report released on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the transportation company’s stock.

A number of other analysts also recently issued reports on SAIA. TD Cowen decreased their price target on Saia from $400.00 to $393.00 and set a “hold” rating for the company in a report on Friday. Stephens dropped their price objective on Saia from $520.00 to $490.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Wells Fargo & Company cut their target price on Saia from $400.00 to $370.00 and set an “equal weight” rating on the stock in a research report on Friday. UBS Group decreased their target price on Saia from $527.00 to $504.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Finally, Morgan Stanley lowered their price target on Saia from $295.00 to $285.00 and set an “underweight” rating for the company in a report on Friday, July 31st. Fourteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Saia has a consensus rating of “Moderate Buy” and a consensus price target of $436.16.

Saia Price Performance

Shares of SAIA opened at $344.61 on Friday. The firm has a market capitalization of $9.19 billion, a price-to-earnings ratio of 32.66, a PEG ratio of 2.76 and a beta of 2.19. The firm’s fifty day simple moving average is $342.03 and its 200-day simple moving average is $387.51. Saia has a twelve month low of $249.32 and a twelve month high of $494.71. The company has a current ratio of 1.83, a quick ratio of 1.58 and a debt-to-equity ratio of 0.04.

Saia (NASDAQ:SAIA) last issued its earnings results on Thursday, October 29th. The transportation company reported $3.41 EPS for the quarter, topping analysts’ consensus estimates of $3.30 by $0.11. The firm had revenue of $982.45 million during the quarter, compared to the consensus estimate of $966.98 million. Saia had a net margin of 8.01% and a return on equity of 10.53%. The company’s revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.81 earnings per share. Equities analysts forecast that Saia will post 11.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Saia

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Danske Bank A S purchased a new stake in Saia in the second quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Saia in the second quarter valued at approximately $27,000. Meeder Asset Management Inc. boosted its holdings in shares of Saia by 360.0% in the second quarter. Meeder Asset Management Inc. now owns 69 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 54 shares during the period. Root Financial Partners LLC purchased a new position in shares of Saia during the third quarter worth approximately $33,000. Finally, Quantbot Technologies LP purchased a new position in shares of Saia during the second quarter worth approximately $64,000.

Key Stories Impacting Saia

Here are the key news stories impacting Saia this week:

• Positive Sentiment: Q3 results exceeded expectations: Revenue reached a record $982.5 million, up 17% year over year, while diluted EPS of $3.41 topped consensus estimates near $3.30. LTL tonnage per workday increased 8.9%, and revenue per shipment excluding fuel surcharges rose 5.8%. Saia Reports Third Quarter 2026 Results
• Positive Sentiment: Capital returns strengthened: Saia authorized up to $250 million in common-stock repurchases. Year-to-date free cash flow exceeded $240 million, while cash increased to $202.5 million and total debt declined to $100 million, providing financial flexibility for buybacks and network investment. Saia Q3 Revenue and Repurchase Program
• Positive Sentiment: Citigroup became more bullish, raising its price target from $429 to $434 and assigning a “buy” rating. The new target implies substantial upside from the recent trading level. Citigroup Raises Saia Price Target
• Neutral Sentiment: Board expertise expanded: Saia appointed transportation and logistics veteran Todd C. Fowler to its board and Audit Committee, adding experience in capital markets, autonomous trucking and supply-chain technology. Saia Expansion Terminals and Q3 Results
• Negative Sentiment: Profitability remains a concern: The operating ratio increased to 87.6% from 85.9% a year earlier, indicating cost pressure despite revenue growth. Wells Fargo cut its target to $370 with an “equal weight” rating, while TD Cowen lowered its target to $393 and moved to “hold.” Wells Fargo Saia Rating

About Saia

Saia, Inc is a transportation and logistics company headquartered in Johns Creek, Georgia. Through its primary subsidiary, Saia LTL Freight, the company provides less-than-truckload transportation, moving palletized and other freight shipments that do not require a full trailer. Its services include standard and time-definite delivery, expedited transportation, guaranteed services, and shipment tracking.

Saia also provides non-asset-based logistics services through Saia Logistics Services, which helps customers arrange freight transportation using third-party carriers.