Saia Inc. (NASDAQ:SAIA) rose 1.7% on Wednesday . The company traded as high as $30.43 and last traded at $30.43, with a volume of 113,312 shares changing hands. The stock had previously closed at $29.92.

SAIA has been the subject of a number of research analyst reports. Stifel Nicolaus decreased their target price on Saia from $36.00 to $31.00 and set a “buy” rating for the company in a research report on Wednesday, June 1st. Zacks Investment Research lowered Saia from a “hold” rating to a “sell” rating in a research report on Friday, April 29th. Finally, Cowen and Company reaffirmed a “market perform” rating and set a $32.00 target price (up from $29.00) on shares of Saia in a research report on Thursday, April 28th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $29.40.

The firm has a market cap of $747.86 million and a PE ratio of 16.24. The firm has a 50-day moving average of $27.01 and a 200 day moving average of $26.74.

Saia (NASDAQ:SAIA) last issued its quarterly earnings data on Friday, July 29th. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.55 by $0.03. The company earned $312 million during the quarter, compared to the consensus estimate of $309.75 million. During the same period last year, the firm earned $0.75 EPS. The business’s revenue for the quarter was down 3.6% compared to the same quarter last year. Analysts predict that Saia Inc. will post $1.85 earnings per share for the current year.

In related news, VP Mark H. Robinson sold 2,500 shares of the stock in a transaction that occurred on Tuesday, August 2nd. The stock was sold at an average price of $28.55, for a total value of $71,375.00. Following the completion of the transaction, the vice president now directly owns 16,602 shares in the company, valued at $473,987.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Saia, Inc is a transportation company. The Company provides a range of less-than-truckload (LTL), non-asset truckload, expedited and logistics services across the United States. The Company conducts its operations through its subsidiaries, such as Saia Motor Freight Line, LLC (Saia LTL Freight), Saia TL Plus, LLC (Saia TL Plus), Saia Sales, LLC (Saia Sales), Saia Logistics Services, LLC (Saia Logistics Services), MetroGo, Inc (MetroGo) and LinkEx, Inc (LinkEx).

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