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HomeMarketResultsSaia, Inc. (NASDAQ:SAIA) Receives Consensus Recommendation of "Hold" from Analysts

Saia, Inc. (NASDAQ:SAIA) Receives Consensus Recommendation of “Hold” from Analysts


Shares of Saia, Inc. (NASDAQ:SAIAGet Rating) have been given a consensus advice of “Maintain” by the sixteen analysis companies which can be at the moment masking the inventory, Marketbeat.com stories. Three equities analysis analysts have rated the inventory with a promote ranking, two have assigned a maintain ranking and 5 have assigned a purchase ranking to the corporate. The typical 12-month worth goal amongst brokerages which have up to date their protection on the inventory within the final yr is $255.43.

Numerous analysis companies lately issued stories on SAIA. Wells Fargo & Firm decreased their worth goal on Saia from $242.00 to $238.00 and set an “chubby” ranking for the corporate in a report on Wednesday, October twelfth. StockNews.com lower Saia from a “maintain” ranking to a “promote” ranking in a analysis report on Thursday, December twenty ninth. Credit score Suisse Group lowered their worth goal on Saia from $284.00 to $269.00 and set an “outperform” ranking for the corporate in a analysis report on Friday, December 2nd. Morgan Stanley lowered their worth goal on Saia from $195.00 to $185.00 and set an “underweight” ranking for the corporate in a analysis report on Monday, October third. Lastly, Deutsche Financial institution Aktiengesellschaft elevated their worth goal on Saia from $281.00 to $296.00 in a analysis report on Monday, November twenty eighth.

Saia Inventory Down 0.5 %

NASDAQ:SAIA opened at $208.61 on Wednesday. The corporate has a debt-to-equity ratio of 0.01, a fast ratio of 1.63 and a present ratio of 1.63. The corporate has a market cap of $5.52 billion, a PE ratio of 15.44, a PEG ratio of 0.96 and a beta of 1.45. Saia has a 52-week low of $168.03 and a 52-week excessive of $322.28. The inventory has a 50-day easy transferring common of $224.21 and a 200 day easy transferring common of $212.58.

Saia (NASDAQ:SAIAGet Rating) final posted its quarterly earnings knowledge on Monday, October thirty first. The transportation firm reported $3.67 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $3.68 by ($0.01). The agency had income of $729.56 million for the quarter, in comparison with the consensus estimate of $718.75 million. Saia had a return on fairness of 26.58% and a web margin of 13.09%. On common, sell-side analysts anticipate that Saia will publish 13.63 EPS for the present fiscal yr.

Institutional Buying and selling of Saia

A number of hedge funds have lately added to or lowered their stakes within the firm. Financial institution of New York Mellon Corp lifted its holdings in Saia by 2.5% throughout the third quarter. Financial institution of New York Mellon Corp now owns 277,548 shares of the transportation firm’s inventory price $52,734,000 after buying a further 6,677 shares over the last quarter. Academics Retirement System of The State of Kentucky acquired a brand new stake in Saia throughout the third quarter price roughly $760,000. FourThought Monetary LLC lifted its holdings in Saia by 131.3% throughout the third quarter. FourThought Monetary LLC now owns 502 shares of the transportation firm’s inventory price $95,000 after buying a further 285 shares over the last quarter. Captrust Monetary Advisors lifted its holdings in Saia by 5.6% throughout the third quarter. Captrust Monetary Advisors now owns 4,382 shares of the transportation firm’s inventory price $833,000 after buying a further 233 shares over the last quarter. Lastly, CreativeOne Wealth LLC lifted its holdings in Saia by 16.9% throughout the third quarter. CreativeOne Wealth LLC now owns 2,706 shares of the transportation firm’s inventory price $514,000 after buying a further 391 shares over the last quarter.

About Saia

(Get Rating)

Saia, Inc, by way of its subsidiaries, operates as a transportation firm in North America. The corporate offers less-than-truckload providers for shipments between 400 and 10,000 kilos; and different value-added providers, together with non-asset truckload, expedited, and logistics providers. As of December 31, 2021, it operated 176 owned and leased services; and owned roughly 5,600 tractors and 19,300 trailers.

See Additionally

Analyst Recommendations for Saia (NASDAQ:SAIA)

This instantaneous information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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