Saia Inc. (NASDAQ:SAIA) rose 1.2% on Wednesday . The stock traded as high as $30.85 and last traded at $30.30, with a volume of 177,450 shares. The stock had previously closed at $29.94.

SAIA has been the subject of several recent research reports. TheStreet upgraded shares of Saia from a “hold” rating to a “buy” rating in a research note on Friday, August 26th. Stifel Nicolaus reduced their price objective on shares of 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 upgraded shares of Saia from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Cowen and Company raised their price objective on shares of Saia from $28.00 to $32.00 and gave the company a “market perform” rating in a research report on Monday, August 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $29.40.

The company has a market capitalization of $764.13 million and a P/E ratio of 16.60. The stock’s 50-day moving average price is $28.54 and its 200 day moving average price is $27.18.

Saia (NASDAQ:SAIA) last released its earnings results on Friday, July 29th. The company reported $0.52 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by $0.03. During the same period in the prior year, the firm earned $0.75 earnings per share. The firm had revenue of $312 million for the quarter, compared to the consensus estimate of $309.75 million. The business’s revenue was down 3.6% on a year-over-year basis. Equities analysts anticipate that Saia Inc. will post $1.85 EPS for the current year.

In other news, VP Mark H. Robinson sold 2,500 shares of the business’s stock in a transaction dated Tuesday, August 2nd. The shares were sold at an average price of $28.55, for a total value of $71,375.00. Following the completion of the sale, the vice president now owns 16,602 shares of the company’s stock, valued at approximately $473,987.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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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