Several other brokerages also recently weighed in on SAIA. Bank of America downgraded shares of Saia from a buy rating to a neutral rating and set a $222.00 target price for the company. in a research note on Friday, April 8th. Raymond James dropped their price objective on shares of Saia from $275.00 to $235.00 in a research note on Friday, July 15th. The Goldman Sachs Group dropped their price objective on shares of Saia from $291.00 to $257.00 and set a neutral rating for the company in a research note on Tuesday, June 7th. UBS Group raised shares of Saia from a neutral rating to a buy rating and upped their price objective for the company from $213.00 to $240.00 in a research note on Monday, May 23rd. Finally, Wells Fargo & Company dropped their price objective on shares of Saia from $290.00 to $238.00 and set an overweight rating for the company in a research note on Friday, July 15th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of Moderate Buy and an average price target of $288.31.
Saia Trading Up 5.4 %
Shares of SAIA stock opened at $209.40 on Tuesday. The firm has a 50-day moving average price of $193.96 and a 200 day moving average price of $235.05. Saia has a twelve month low of $168.03 and a twelve month high of $365.50. The company has a market capitalization of $5.53 billion, a price-to-earnings ratio of 18.93, a PEG ratio of 0.69 and a beta of 1.34. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.02.
Institutional Trading of Saia
A number of institutional investors have recently modified their holdings of SAIA. National Bank of Canada FI purchased a new position in Saia in the 4th quarter worth approximately $31,000. Sageworth Trust Co of South Dakota purchased a new position in Saia in the 4th quarter worth approximately $34,000. TCI Wealth Advisors Inc. boosted its holdings in Saia by 87.4% in the 1st quarter. TCI Wealth Advisors Inc. now owns 163 shares of the transportation company’s stock worth $40,000 after acquiring an additional 76 shares during the period. Meeder Asset Management Inc. purchased a new position in Saia in the 1st quarter worth approximately $54,000. Finally, CWM LLC purchased a new position in Saia in the 4th quarter worth approximately $61,000.
Saia, Inc, through its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 400 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. As of December 31, 2021, it operated 176 owned and leased facilities; and owned approximately 5,600 tractors and 19,300 trailers.
- Get a free copy of the StockNews.com research report on Saia (SAIA)
- Alibaba Group: A Huge Revenue Rebound Is Approaching
- Is There Finally Green Ahead for These 2 Cannabis Leaders?
- Ford Races Higher: Has The Stock Finally Bottomed?
- These Consumer Stocks Will Thrive And Here’s Why
- PayPal Stock is Attempting to Put in the Floor
Receive News & Ratings for Saia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saia and related companies with MarketBeat.com's FREE daily email newsletter.