Saia Inc (SAIA) stock forecast: Can it reach its 52-week high of $628.34

Saia Inc [SAIA] stock prices are up 3.84% to $505.60 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SAIA shares have gain 9.23% over the last week, with a monthly amount drifted -5.11%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Saia Inc [NASDAQ: SAIA] stock has seen the most recent analyst activity on January 07, 2025, when Susquehanna downgraded its rating to a Neutral but kept the price target unchanged to $530 for it. Previously, Stifel downgraded its rating to Hold on October 21, 2024, and dropped its price target to $437. On October 09, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $511 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $518 on October 09, 2024. TD Cowen reiterated its recommendation of a Hold and reduced its price target to $416 on July 29, 2024. Wells Fargo started tracking with a Equal Weight rating for this stock on June 07, 2024, and assigned it a price target of $445. In a note dated June 06, 2024, TD Cowen reiterated an Hold rating on this stock and boosted its target price from $473 to $475.

The stock price of Saia Inc [SAIA] has been fluctuating between $358.90 and $628.34 over the past year. Currently, Wall Street analysts expect the stock to reach $490.25 within the next 12 months. Saia Inc [NASDAQ: SAIA] shares were valued at $505.60 at the most recent close of the market. An investor can expect a potential drop of -3.04% 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 0.17% 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 0.12, Equity is 0.18 and Total Capital is 0.18. 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 490.94 points at the first support level, and at 476.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 513.82, and for the 2nd resistance point, it is at 522.05.

Ratios To Look Out For

It’s worth pointing out that Saia Inc [NASDAQ:SAIA]’s Current Ratio is 1.26. Further, the Quick Ratio stands at 1.26, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 4.24, the price to book ratio is 6.03 and price to earnings (TTM) ratio is 36.11.

Transactions by insiders

Recent insider trading involved Lal Rohit, EVP IT and CIO, that happened on Nov 21 ’24 when 1120.0 shares were sold. Officer, ROHIT LAL completed a deal on Nov 21 ’24 to buy 1120.0 shares. Meanwhile, EVP Operations SUGAR PATRICK D sold 804.0 shares on Nov 08 ’24.

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