Saia, Inc. (NASDAQ:SAIA) Director Di-Ann Eisnor sold 600 shares of Saia stock in a transaction that occurred on Friday, February 11th. The stock was sold at an average price of $268.90, for a total transaction of $161,340.00. The transaction was disclosed in a filing with the SEC, which is available through this link.
NASDAQ:SAIA opened at $264.71 on Friday. The company has a market capitalization of $6.97 billion, a PE ratio of 32.16, a price-to-earnings-growth ratio of 0.67 and a beta of 1.32. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.03. Saia, Inc. has a 52-week low of $187.02 and a 52-week high of $365.50. The stock has a fifty day simple moving average of $301.63 and a 200-day simple moving average of $281.85.
Saia (NASDAQ:SAIA) last issued its earnings results on Wednesday, February 2nd. The transportation company reported $2.76 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.57 by $0.19. Saia had a return on equity of 20.78% and a net margin of 10.23%. The business had revenue of $617.10 million during the quarter, compared to analysts’ expectations of $600.04 million. During the same quarter in the previous year, the business earned $1.51 EPS. The company’s revenue for the quarter was up 29.5% on a year-over-year basis. As a group, equities analysts anticipate that Saia, Inc. will post 9.11 earnings per share for the current year.
Several hedge funds have recently bought and sold shares of the stock. JJJ Advisors Inc. bought a new position in Saia during the third quarter valued at about $26,000. National Bank of Canada FI acquired a new position in Saia in the 4th quarter worth about $31,000. Sageworth Trust Co of South Dakota acquired a new position in shares of Saia during the 4th quarter valued at about $34,000. CWM LLC acquired a new position in shares of Saia during the 4th quarter valued at about $61,000. Finally, Covestor Ltd acquired a new stake in Saia in the 4th quarter valued at approximately $67,000.
A number of research analysts recently weighed in on the stock. Truist Financial lifted their price objective on shares of Saia from $255.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, October 29th. Susquehanna Bancshares lowered their price target on shares of Saia from $400.00 to $380.00 in a research note on Thursday, February 3rd. Susquehanna lowered their price objective on shares of Saia from $400.00 to $380.00 in a research note on Thursday, February 3rd. Wells Fargo & Company upped their price objective on shares of Saia from $336.00 to $367.00 and gave the stock an “overweight” rating in a report on Thursday, February 3rd. Finally, Morgan Stanley increased their price target on shares of Saia from $153.00 to $200.00 and gave the company an “underweight” rating in a report on Tuesday, November 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Saia currently has a consensus rating of “Buy” and a consensus price target of $330.00.
About Saia
Saia, Inc operates as a transportation holding company. The firm through its wholly-owned subsidiaries provides regional and interregional less-than-truckload (LTL) services through a single integrated organization. The firm also offers other value-added services, including non-asset truckload, expedited and logistics services across North America.
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