Saia, Inc. (NASDAQ:SAIA) Given Average Rating of "Moderate Buy" by Analysts

Shares of Saia, Inc. (NASDAQ:SAIA - Get Free Report) have received an average recommendation of "Moderate Buy" from the seventeen research firms that are currently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $492.00.

A number of equities research analysts recently commented on the stock. Citigroup initiated coverage on shares of Saia in a research report on Wednesday, October 9th. They issued a "buy" rating and a $518.00 price objective for the company. Evercore ISI decreased their price target on Saia from $503.00 to $488.00 and set an "outperform" rating on the stock in a research note on Thursday, October 3rd. Barclays cut their price objective on Saia from $575.00 to $515.00 and set an "overweight" rating for the company in a research report on Monday, July 29th. Stephens boosted their target price on shares of Saia from $481.00 to $515.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 29th. Finally, Stifel Nicolaus cut shares of Saia from a "buy" rating to a "hold" rating and lowered their price target for the stock from $440.00 to $437.00 in a research note on Monday, October 21st.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SAIA. Blue Trust Inc. grew its position in shares of Saia by 161.5% in the second quarter. Blue Trust Inc. now owns 68 shares of the transportation company's stock valued at $32,000 after purchasing an additional 42 shares during the period. Paladin Wealth LLC purchased a new stake in Saia in the 3rd quarter valued at about $40,000. Quarry LP acquired a new position in shares of Saia during the 2nd quarter valued at about $41,000. International Assets Investment Management LLC purchased a new position in shares of Saia during the 2nd quarter worth about $42,000. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Saia by 754.5% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 94 shares of the transportation company's stock worth $45,000 after acquiring an additional 83 shares during the period.

Saia Stock Performance

Shares of NASDAQ:SAIA traded down $0.20 during trading on Friday, reaching $544.89. The company had a trading volume of 447,516 shares, compared to its average volume of 390,737. Saia has a fifty-two week low of $358.90 and a fifty-two week high of $628.34. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.26 and a quick ratio of 1.26. The stock's fifty day moving average price is $446.53 and its 200 day moving average price is $432.99. The firm has a market capitalization of $14.49 billion, a price-to-earnings ratio of 38.92, a price-to-earnings-growth ratio of 3.28 and a beta of 1.73.

Saia (NASDAQ:SAIA - Get Free Report) last announced its quarterly earnings data on Friday, October 25th. The transportation company reported $3.46 EPS for the quarter, missing analysts' consensus estimates of $3.53 by ($0.07). The firm had revenue of $842.10 million for the quarter, compared to analysts' expectations of $839.82 million. Saia had a return on equity of 18.00% and a net margin of 11.83%. The firm's quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.67 EPS. As a group, equities research analysts predict that Saia will post 13.54 EPS for the current year.

About Saia

Saia, Inc, together with its subsidiaries, operates as a transportation company in North America. The company provides 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. It also offers other value-added services, including non-asset truckload, expedited, and logistics services.