Saia (SAIA) to Release Quarterly Earnings on Friday

Saia (NASDAQ:SAIA) is anticipated to issue its quarterly earnings data before the market opens on Friday, February 7th. Analysts expect the company to announce earnings of $2.87 per share and revenue of $794.69 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Saia Trading Up 2.8 %

NASDAQ SAIA opened at $495.00 on Friday. Saia has a one year low of $358.90 and a one year high of $628.34. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.26 and a quick ratio of 1.26. The business has a 50 day simple moving average of $499.71 and a 200 day simple moving average of $462.24. The stock has a market capitalization of $13.16 billion, a P/E ratio of 35.36, a P/E/G ratio of 2.38 and a beta of 1.79.

Insider Activity

In related news, EVP Rohit Lal sold 1,120 shares of Saia stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $560.00, for a total value of $627,200.00. Following the sale, the executive vice president now owns 8,270 shares in the company, valued at $4,631,200. The trade was a 11.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on SAIA. Stephens increased their price objective on shares of Saia from $481.00 to $515.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 29th. Citigroup lowered their target price on Saia from $651.00 to $644.00 and set a “buy” rating on the stock in a research report on Wednesday, December 4th. Stifel Nicolaus lifted their price target on shares of Saia from $443.00 to $529.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. Jefferies Financial Group upped their price objective on shares of Saia from $525.00 to $560.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, Evercore ISI lowered their target price on shares of Saia from $503.00 to $488.00 and set an “outperform” rating on the stock in a report on Thursday, October 3rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $527.65.

Saia Company Profile

Saia, Inc, together with its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. It also offers other value-added services, including non-asset truckload, expedited, and logistics services.