A share price of Saia Inc. [SAIA] is currently trading at $417.31, up 9.65%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SAIA shares have gain 11.37% over the last week, with a monthly amount glided 10.42%, and 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 July 29, 2024, when TD Cowen reiterated its Hold rating and also revised its price target to $416 from $475. Previously, Wells Fargo started tracking the stock with Equal Weight rating on June 07, 2024, and set its price target to $445. On June 06, 2024, TD Cowen reiterated its Hold rating and revised its price target to $475 on the stock. Stifel upgraded its rating to a Buy and decreased its price target to $475 on May 24, 2024. TD Cowen reiterated its recommendation of a Hold and reduced its price target to $473 on April 29, 2024. Wolfe Research downgraded its rating to Peer Perform for this stock on April 11, 2024. In a note dated March 11, 2024, JP Morgan initiated an Overweight rating and provided a target price of $676 on this stock.
Saia Inc. experienced fluctuations in its stock price throughout the past year between $341.26 and $628.34. Currently, Wall Street analysts expect the stock to reach $357.56 within the next 12 months. Saia Inc. [NASDAQ: SAIA] shares were valued at $417.31 at the most recent close of the market. An investor can expect a potential drop of -14.32% based on the average SAIA price forecast.
Analyzing the SAIA fundamentals
Trailing Twelve Months sales for Saia Inc. [NASDAQ:SAIA] were 3.10B which represents 18.52% growth. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.16%, 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 0.19 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.
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 403.11 points at the first support level, and at 388.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 426.01, and for the 2nd resistance point, it is at 434.71.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Saia Inc. [NASDAQ:SAIA] is 1.36. As well, the Quick Ratio is 1.36, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 3.57, the price to book ratio is 5.19 and price to earnings (TTM) ratio is 29.37.
Transactions by insiders
Recent insider trading involved GAINOR JOHN P JR, Director, that happened on Aug 01 ’24 when 382.0 shares were purchased. Director, GAINOR JOHN P JR completed a deal on May 02 ’24 to buy 500.0 shares. Meanwhile, Executive VP, CFO & Secretary COL DOUGLAS L sold 1812.0 shares on Feb 13 ’24.
