Saia (NASDAQ:SAIA – Get Free Report) had its price objective boosted by investment analysts at JPMorgan Chase & Co. from $463.00 to $468.00 in a research note issued on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the transportation company’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 35.81% from the company’s current price.
Several other equities research analysts have also issued reports on the company. Raymond James Financial reissued an “outperform” rating and set a $410.00 price objective on shares of Saia in a research note on Thursday, October 15th. Morgan Stanley lowered their price target on shares of Saia from $295.00 to $285.00 and set an “underweight” rating on the stock in a report on Friday, July 31st. Sanford C. Bernstein started coverage on Saia in a report on Thursday, September 10th. They issued an “outperform” rating and a $439.00 price target on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $476.00 price objective on shares of Saia in a report on Thursday, July 30th. Finally, TD Cowen dropped their target price on shares of Saia from $400.00 to $393.00 and set a “hold” rating on the stock in a research report on Friday. Fourteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $436.16.
View Our Latest Stock Report on Saia
Saia Stock Performance
NASDAQ SAIA traded up $1.54 during trading on Friday, reaching $344.61. 560,546 shares of the company’s stock were exchanged, compared to its average volume of 464,326. The stock has a market capitalization of $9.19 billion, a P/E ratio of 33.26, a PEG ratio of 2.62 and a beta of 2.19. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.58 and a quick ratio of 1.58. The business has a 50 day moving average price of $342.33 and a 200-day moving average price of $387.61. Saia has a fifty-two week low of $249.32 and a fifty-two week high of $494.71.
Saia (NASDAQ:SAIA – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The transportation company reported $3.41 EPS for the quarter, topping analysts’ consensus estimates of $3.30 by $0.11. Saia had a return on equity of 10.21% and a net margin of 8.19%. The company had revenue of $982.45 million for the quarter, compared to analysts’ expectations of $966.98 million. During the same quarter last year, the business earned $2.81 earnings per share. Saia’s revenue was up 17.0% on a year-over-year basis. Sell-side analysts forecast that Saia will post 11.43 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Saia
Several hedge funds have recently bought and sold shares of the business. Danske Bank A S bought a new stake in Saia in the second quarter valued at about $25,000. Caitong International Asset Management Co. Ltd acquired a new stake in Saia in the second quarter valued at $27,000. Meeder Asset Management Inc. boosted its stake in shares of Saia by 360.0% during the 2nd quarter. Meeder Asset Management Inc. now owns 69 shares of the transportation company’s stock worth $29,000 after acquiring an additional 54 shares during the period. Root Financial Partners LLC bought a new position in shares of Saia in the third quarter valued at about $33,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Saia during the 2nd quarter worth about $64,000.
Trending Headlines about Saia
Here are the key news stories impacting Saia this week:
- Positive Sentiment: Q3 results exceeded expectations: Revenue reached a record $982.5 million, up 17% year over year, while diluted EPS of $3.41 topped consensus estimates near $3.30. LTL tonnage per workday increased 8.9%, and revenue per shipment excluding fuel surcharges rose 5.8%. Saia Reports Third Quarter 2026 Results
- Positive Sentiment: Capital returns strengthened: Saia authorized up to $250 million in common-stock repurchases. Year-to-date free cash flow exceeded $240 million, while cash increased to $202.5 million and total debt declined to $100 million, providing financial flexibility for buybacks and network investment. Saia Q3 Revenue and Repurchase Program
- Positive Sentiment: Citigroup became more bullish, raising its price target from $429 to $434 and assigning a “buy” rating. The new target implies substantial upside from the recent trading level. Citigroup Raises Saia Price Target
- Neutral Sentiment: Board expertise expanded: Saia appointed transportation and logistics veteran Todd C. Fowler to its board and Audit Committee, adding experience in capital markets, autonomous trucking and supply-chain technology. Saia Expansion Terminals and Q3 Results
- Negative Sentiment: Profitability remains a concern: The operating ratio increased to 87.6% from 85.9% a year earlier, indicating cost pressure despite revenue growth. Wells Fargo cut its target to $370 with an “equal weight” rating, while TD Cowen lowered its target to $393 and moved to “hold.” Wells Fargo Saia Rating
About Saia
Saia, Inc is a transportation and logistics company headquartered in Johns Creek, Georgia. Through its primary subsidiary, Saia LTL Freight, the company provides less-than-truckload transportation, moving palletized and other freight shipments that do not require a full trailer. Its services include standard and time-definite delivery, expedited transportation, guaranteed services, and shipment tracking.
Saia also provides non-asset-based logistics services through Saia Logistics Services, which helps customers arrange freight transportation using third-party carriers.
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