Wells Fargo & Company Forecasts Strong Price Appreciation for Saia (NASDAQ:SAIA) Stock

Saia (NASDAQ:SAIA) had its price objective upped by research analysts at Wells Fargo & Company from $395.00 to $445.00 in a research report issued on Friday,Benzinga reports. The firm currently has an “equal weight” rating on the transportation company’s stock. Wells Fargo & Company‘s price target suggests a potential upside of 0.03% from the company’s current price.

Several other brokerages have also recently issued reports on SAIA. BMO Capital Markets set a $425.00 price objective on shares of Saia in a research note on Thursday, February 19th. Stephens upped their price target on Saia from $414.00 to $445.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Wall Street Zen cut Saia from a “hold” rating to a “sell” rating in a report on Sunday, April 26th. Benchmark increased their target price on Saia from $425.00 to $500.00 and gave the company a “buy” rating in a research note on Friday. Finally, Citigroup lifted their target price on Saia from $431.00 to $442.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Ten equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $427.83.

Saia Stock Performance

Shares of NASDAQ:SAIA traded down $3.93 during midday trading on Friday, reaching $444.89. The company’s stock had a trading volume of 91,624 shares, compared to its average volume of 544,133. The stock has a fifty day moving average of $382.27 and a 200 day moving average of $346.22. Saia has a twelve month low of $244.94 and a twelve month high of $457.99. The firm has a market capitalization of $11.87 billion, a PE ratio of 46.66, a P/E/G ratio of 2.27 and a beta of 2.04. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.06.

Saia (NASDAQ:SAIA) last announced its quarterly earnings results on Thursday, April 30th. The transportation company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $0.04. Saia had a net margin of 7.89% and a return on equity of 9.86%. The firm had revenue of $806.23 million for the quarter, compared to the consensus estimate of $789.08 million. During the same period in the prior year, the firm posted $1.86 earnings per share. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. On average, equities analysts expect that Saia will post 10.6 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Patrick D. Sugar sold 2,706 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $386.74, for a total value of $1,046,518.44. Following the completion of the sale, the executive vice president directly owned 9,121 shares in the company, valued at $3,527,455.54. The trade was a 22.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Frederick J. Holzgrefe III sold 4,775 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $388.80, for a total value of $1,856,520.00. Following the completion of the sale, the chief executive officer owned 22,743 shares of the company’s stock, valued at $8,842,478.40. This trade represents a 17.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 15,533 shares of company stock worth $6,015,055 over the last three months. 0.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Saia

A number of institutional investors have recently modified their holdings of SAIA. Quarry LP raised its holdings in shares of Saia by 8,400.0% during the 4th quarter. Quarry LP now owns 85 shares of the transportation company’s stock worth $28,000 after buying an additional 84 shares in the last quarter. State of Wyoming acquired a new position in shares of Saia during the 3rd quarter worth $30,000. Los Angeles Capital Management LLC acquired a new position in shares of Saia during the 4th quarter worth $36,000. Torren Management LLC acquired a new position in shares of Saia during the 4th quarter worth $40,000. Finally, Allworth Financial LP raised its holdings in shares of Saia by 69.0% during the 3rd quarter. Allworth Financial LP now owns 142 shares of the transportation company’s stock worth $43,000 after buying an additional 58 shares in the last quarter.

Saia News Summary

Here are the key news stories impacting Saia this week:

• Positive Sentiment: Benchmark (and coverage reports) raised Saia’s price target to $500 and reiterated a Buy rating — this lift signals stronger analyst confidence and creates upside vs. prior targets. Article Title
• Positive Sentiment: Q1 results beat consensus: EPS of $1.86 vs. $1.82 expected and revenue $806.2M vs. $789.1M expected; revenue was up 2.4% year-over-year — the topline and slight EPS beat support near-term upside. Article Title
• Neutral Sentiment: Management’s Q1 call highlighted record sales in parts of the network and hopes for a margin rebound, but the tone was cautious — indicates potential margin upside over time but no clear near-term acceleration. Article Title
• Neutral Sentiment: TD Cowen’s Jason Seidl lifted his price target to $445 but maintained a Hold — a mixed signal that raises targets while remaining cautious on near-term upside. Article Title
• Negative Sentiment: Underlying growth is modest and EPS was flat year-over-year, which keeps valuation scrutiny high given a premium P/E and multi-year margin assumptions embedded in higher price targets. Article Title

About Saia

Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.

The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.