Saia (SAIA) to Release 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 that are interested in participating in the company’s earnings conference call can do so using this link.

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

Saia Trading Up 4.5 %

NASDAQ:SAIA opened at $546.28 on Wednesday. Saia has a 1 year low of $244.69 and a 1 year high of $628.34. The firm’s fifty day simple moving average is $571.83 and its 200 day simple moving average is $477.05. The firm has a market capitalization of $14.53 billion, a PE ratio of 41.06, a PEG ratio of 1.68 and a beta of 1.62.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SAIA. Raymond James raised their target price on shares of Saia from $565.00 to $604.00 and gave the company an “outperform” rating in a research note on Monday, April 15th. Bank of America increased their price target on shares of Saia from $600.00 to $645.00 and gave the company a “buy” rating in a report on Tuesday, March 5th. Wolfe Research lowered shares of Saia from an “outperform” rating to a “peer perform” rating in a research report on Thursday, April 11th. The Goldman Sachs Group raised their price target on shares of Saia from $504.00 to $567.00 and gave the stock a “neutral” rating in a research report on Thursday, April 11th. Finally, UBS Group raised their price target on shares of Saia from $475.00 to $618.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $500.84.

Insider Activity

In other news, VP Rohit Lal sold 2,870 shares of Saia stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $536.55, for a total transaction of $1,539,898.50. Following the sale, the vice president now directly owns 8,482 shares in the company, valued at approximately $4,551,017.10. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Saia news, Director Donna E. Epps sold 400 shares of the business’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $565.14, for a total value of $226,056.00. Following the transaction, the director now directly owns 1,583 shares in the company, valued at $894,616.62. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP Rohit Lal sold 2,870 shares of the business’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $536.55, for a total transaction of $1,539,898.50. Following the completion of the transaction, the vice president now owns 8,482 shares in the company, valued at $4,551,017.10. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,699 shares of company stock worth $14,966,813. Corporate insiders own 0.30% of the company’s stock.

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.