At the time of writing, Saia Inc. [SAIA] stock is trading at $543.02, up 2.88%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SAIA shares have gain 3.92% over the last week, with a monthly amount drifted -7.57%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Saia Inc. [NASDAQ: SAIA] stock has seen the most recent analyst activity on April 11, 2024, when Wolfe Research downgraded its rating to a Peer Perform. Previously, JP Morgan started tracking the stock with Overweight rating on March 11, 2024, and set its price target to $676. On February 06, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $526 on the stock. BMO Capital Markets started tracking the stock assigning a Market Perform rating and suggested a price target of $450 on November 22, 2023. Stifel upgraded its rating to a Buy and raised its price target to $425 on November 01, 2023. Susquehanna upgraded its rating to Positive for this stock on October 31, 2023, and downed its price target to $420. In a note dated October 30, 2023, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $418.
For the past year, the stock price of Saia Inc. fluctuated between $244.69 and $628.34. Currently, Wall Street analysts expect the stock to reach $304.5 within the next 12 months. Saia Inc. [NASDAQ: SAIA] shares were valued at $543.02 at the most recent close of the market. An investor can expect a potential drop of -43.92% based on the average SAIA price forecast.
Analyzing the SAIA fundamentals
According to Saia Inc. [NASDAQ:SAIA], the company’s sales were 2.88B for trailing twelve months, which represents an 14.55% jump. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.2 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 523.58 points at the first support level, and at 504.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 556.07, and for the 2nd resistance point, it is at 569.12.
Saia Inc. [SAIA] reported earnings per share of $3.33 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $3.2/share, meaning a difference of $0.13 and a surprise factor of 4.10%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $3.67 per share as compared to estimates of $3.62 per share, a difference of $0.05 representing a surprise of 1.40%.
Ratios To Look Out For
It is important to note that Saia Inc. [NASDAQ:SAIA] has a current ratio of 2.01. In addition, the Quick Ratio stands at 2.01 and the Cash Ratio stands at 0.92. Considering the valuation of this stock, the price to sales ratio is 5.01, the price to book ratio is 7.41 and price to earnings (TTM) ratio is 40.94.
Transactions by insiders
Recent insider trading involved COL DOUGLAS L, Executive VP, CFO & Secretary, that happened on Feb 13 ’24 when 1812.0 shares were sold. Exec. VP & Chief Customer Off., RAMU RAYMOND R completed a deal on Feb 09 ’24 to sell 1943.0 shares. Meanwhile, EVP Operations SUGAR PATRICK D sold 1431.0 shares on Feb 09 ’24.
