Saia Inc (NASDAQ:SAIA)’s traded shares stood at 1.88 million during the last session, with the company’s beta value hitting 2.04. At the close of trading, the stock’s price was $244.00, to imply an increase of 3.11% or $7.35 in intraday trading. The SAIA share’s 52-week high remains $624.55, putting it -155.96% down since that peak but still an impressive 6.1% since price per share fell to its 52-week low of $229.12. The company has a valuation of $6.50B, with an average of 1.31 million shares in intraday trading volume over the past 10 days and average of 690.57K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Saia Inc (SAIA), translating to a mean rating of 2.00. Of 16 analyst(s) looking at the stock, 1 analyst(s) give SAIA a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 2.54.
Saia Inc (NASDAQ:SAIA) trade information
After registering a 3.11% upside in the last session, Saia Inc (SAIA) has traded red over the past five days. The 5-day price performance for the stock is -28.55%, and -30.17% over 30 days. With these gigs, the year-to-date price performance is -46.46%. Short interest in Saia Inc (NASDAQ:SAIA) saw shorts transact 1.73 million shares and set a 2.49 days time to cover.
The extremes give us $250 and $310 for target low and target high price respectively. As such, SAIA has been trading -27.05% off suggested target high and -2.46% from its likely low.
Saia Inc (SAIA) estimates and forecasts
The rating firms project that company’s revenue will grow 2.96% compared to the previous financial year.
Revenue forecast for the current quarter as set by 15 analysts is 833.32M. Meanwhile, for the current quarter, a total of 14 analyst(s) estimate revenue growth to 850.2M.Earnings reports from the last fiscal year show that sales brought in 823.24M and 842.1M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 1.22% before jumping 0.96% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 25.72% for the past 5-year period. While 2025 is set for a -28.63% return in earnings, projections for the next 5 years are at 6.16% annually.
SAIA Dividends
Saia Inc has its next earnings report out on 2025-Apr-24. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Saia Inc (NASDAQ:SAIA)’s Major holders
Saia Inc insiders hold 0.20% of total outstanding shares, with institutional holders owning 113.90% of the shares at 114.14% float percentage. In total, 113.90% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 3.1 million shares (or 11.6081% of shares), all amounting to roughly $1.47 billion.
The next major institution holding the largest number of shares is PRICE T ROWE ASSOCIATES INC /MD/ with 2.61 million shares, or about 9.7946% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.24 billion.
We also have T. Rowe Price New Horizons Fund, Inc. and SMALLCAP WORLD FUND INC as the top two Mutual Funds with the largest holdings of the Saia Inc (SAIA) shares. Going by data provided on Dec 31, 2024 , T. Rowe Price New Horizons Fund, Inc. holds roughly 950.88 shares. This is just over 3.57% of the total shares, with a market valuation of $232.01 million. Data from the same date shows that the other fund manager holds a little less at 942.03, or 3.54% of the shares, all valued at about 229.85 million.
