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7 Trucking Stocks That Are About to Go On a Roll - 2 of 7

 
 

#2 - Saia (NASDAQ:SAIA)

Solving the supply chain crisis will require creative solutions to operational challenges. One of those
challenges is the need to deal with trucks that will be less than full. Saia (NASDAQ:SAIA) specializes in
providing “less-than-truckload services for shipments between 100 and 10,000 pounds. And the
company is focused on delivering custom solutions for expedited and flexible delivery solutions. The
company has opened two new terminals this year and has plans to open two or three additional
terminals by the end of the year.

Investors may want to wait to see what happens when the company reports earnings in late October.
The company has beat analysts’ earnings expectations for the past six quarters. Currently SAIA stock is
trading above the consensus price target of analysts. However, in the last month, the company has
received five upgrades from analysts with four of the five price targets being significantly higher than
the consensus target.

Saia checks in at number 30 on the MarketBeat list of 100 Transportation Stocks

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. Read More 
Current Price
$562.64
Consensus Rating
Moderate Buy
Ratings Breakdown
12 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$492.00 (12.6% Downside)

 

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