In the last trading session, 4.56 million Saia Inc (NASDAQ:SAIA) shares changed hands as the company’s beta touched 1.98. With the company’s per share price at $245.63 changed hands at -$108.59 or -30.66% during last session, the market valuation stood at $6.54B. SAIA’s last price was a discount, traded about -154.26% off its 52-week high of $624.55. The share price had its 52-week low at $287.50, which suggests the last value was -17.05% down since then. When we look at Saia Inc’s average trading volume, we note the 10-day average is 0.91 million shares, with the 3-month average coming to 569.07K.
Analysts gave the Saia Inc (SAIA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.86. If we narrow down to specifics, the data shows that 1 out of 16 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended SAIA as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Saia Inc’s EPS for the current quarter is expected to be 3.64.
Saia Inc (NASDAQ:SAIA) trade information
Instantly SAIA was in red as seen at the end of in last trading. With action -26.58%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -46.10%, with the 5-day performance at -26.58% in the red. However, in the 30-day time frame, Saia Inc (NASDAQ:SAIA) is -34.85% down. Looking at the short shares, we see there were 1.73 million shares sold at short interest cover period of 2.49 days.
The consensus price target for the stock as assigned by Wall Street analysts is 485, meaning bulls need an upside of 49.35% from its current market value. According to analyst projections, SAIA’s forecast low is 455 with 515 as the target high. To hit the forecast high, the stock’s price needs a -109.66% plunge from its current level, while the stock would need to soar -85.24% for it to hit the projected low.
Saia Inc (SAIA) estimates and forecasts
Year-over-year growth is forecast to reach 5.94% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 839.11M. 3 analysts are of the opinion that Saia Inc’s revenue for the current quarter will be 869.58M. The company’s revenue for the corresponding quarters a year ago was 823.24M and 842.1M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 1.93%. The estimates for the next quarter sales put growth at 3.26%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 25.72%. The 2025 estimates are for Saia Inc earnings to decrease by -5.92%, but the outlook for the next 5-year period is at 8.11% per year.
SAIA Dividends
Saia Inc is expected to release its next quarterly earnings report on 2025-Feb-02.
Saia Inc (NASDAQ:SAIA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.20% of Saia Inc shares while 114.05% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 114.28%. There are 114.05% institutions holding the Saia Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 11.6081% of the shares, roughly 3.1 million SAIA shares worth $1.47 billion.
PRICE T ROWE ASSOCIATES INC /MD/ holds the second largest percentage of outstanding shares, with 9.7946% or 2.61 million shares worth $1.24 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were T. Rowe Price New Horizons Fund, Inc. and SMALLCAP WORLD FUND INC . With 950.88 shares estimated at $233.56 million under it, the former controlled 3.57% of total outstanding shares. On the other hand, SMALLCAP WORLD FUND INC held about 3.54% of the shares, roughly 942.03 shares worth around $231.39 million.
