Saia Inc. [SAIA] stock prices are up 11.39% to $461.65 at the moment. 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 5.72% over the last week, with a monthly amount glided 7.04%, 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 October 21, 2024, when Stifel downgraded its rating to a Hold and also revised its price target to $437 from $440. Previously, Wolfe Research upgraded its rating to Outperform on October 09, 2024, and kept the price target unchanged to $511. On October 09, 2024, Citigroup initiated with a Buy rating and assigned a price target of $518 on the stock. TD Cowen reiterated its Hold rating and decreased its price target to $416 on July 29, 2024. Wells Fargo initiated its recommendation with a Equal Weight and recommended $445 as its price target on June 07, 2024. TD Cowen reiterated a Hold rating for this stock on June 06, 2024, and upped its price target to $475. In a note dated May 24, 2024, Stifel upgraded an Buy rating on this stock and revised its target price from $526 to $475.
The stock price of Saia Inc. [SAIA] has been fluctuating between $341.26 and $628.34 over the past year. Currently, Wall Street analysts expect the stock to reach $366.59 within the next 12 months. Saia Inc. [NASDAQ: SAIA] shares were valued at $461.65 at the most recent close of the market. An investor can expect a potential drop of -20.59% based on the average SAIA price forecast.
Analyzing the SAIA fundamentals
The Saia Inc. [NASDAQ:SAIA] reported sales of 3.17B for trailing twelve months, representing a surge of 8.64%. Gross Profit Margin for this corporation currently stands at 0.35% 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 0.12, Equity is 0.18 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.
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 431.94 points at the first support level, and at 402.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 480.35, and for the 2nd resistance point, it is at 499.05.
Ratios To Look Out For
It’s worth pointing out that Saia Inc. [NASDAQ:SAIA]’s Current Ratio is 1.26. In addition, the Quick Ratio stands at 1.26 and the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 3.87, the price to book ratio is 5.50 and price to earnings (TTM) ratio is 32.97.
Transactions by insiders
Recent insider trading involved RAMU RAYMOND R, Exec. VP & Chief Customer Off., that happened on Sep 09 ’24 when 820.0 shares were sold. Officer, RAYMOND R. RAMU completed a deal on Sep 09 ’24 to buy 820.0 shares. Meanwhile, Director GAINOR JOHN P JR bought 382.0 shares on Aug 01 ’24.
