Saia (SAIA) Scheduled to Post Earnings on Friday

Saia (NASDAQ:SAIA) will be releasing its earnings data before the market opens on Friday, April 26th. Analysts expect Saia to post earnings of $3.42 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Saia (NASDAQ:SAIA) last posted its quarterly earnings results on Friday, February 2nd. The transportation company reported $3.33 earnings per share for the quarter, topping analysts’ consensus estimates of $3.20 by $0.13. Saia had a return on equity of 19.75% and a net margin of 12.31%. The business had revenue of $751.10 million for the quarter, compared to the consensus estimate of $745.48 million. During the same period in the prior year, the business earned $2.65 EPS. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. On average, analysts expect Saia to post $16 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Saia Stock Performance

SAIA stock opened at $527.83 on Thursday. The stock’s 50 day simple moving average is $571.66 and its 200 day simple moving average is $478.06. Saia has a fifty-two week low of $244.69 and a fifty-two week high of $628.34. The company has a market cap of $14.03 billion, a P/E ratio of 39.80, a price-to-earnings-growth ratio of 1.69 and a beta of 1.62.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on SAIA shares. UBS Group raised their target price on Saia from $475.00 to $618.00 and gave the company a “buy” rating in a report on Monday, February 5th. The Goldman Sachs Group raised their target price on Saia from $504.00 to $567.00 and gave the company a “neutral” rating in a report on Thursday, April 11th. BMO Capital Markets raised their target price on Saia from $450.00 to $515.00 and gave the company a “market perform” rating in a report on Monday, February 5th. JPMorgan Chase & Co. started coverage on Saia in a report on Monday, March 11th. They issued an “overweight” rating and a $676.00 target price on the stock. Finally, Susquehanna raised their target price on Saia from $500.00 to $625.00 and gave the company a “positive” rating in a report on Thursday, February 8th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $500.84.

Insiders Place Their Bets

In other Saia news, CFO Douglas L. Col sold 1,812 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $557.75, for a total value of $1,010,643.00. Following the completion of the sale, the chief financial officer now directly owns 5,623 shares of the company’s stock, valued at $3,136,228.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CFO Douglas L. Col sold 1,812 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $557.75, for a total value of $1,010,643.00. Following the completion of the transaction, the chief financial officer now directly owns 5,623 shares of the company’s stock, valued at $3,136,228.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Donna E. Epps sold 400 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $565.14, for a total value of $226,056.00. Following the completion of the transaction, the director now directly owns 1,583 shares of the company’s stock, valued at $894,616.62. The disclosure for this sale can be found here. Insiders sold 27,699 shares of company stock valued at $14,966,813 over the last ninety days. 0.30% of the stock is currently owned by insiders.

About Saia

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.