Saia (NASDAQ:SAIA) is scheduled to be releasing its earnings data before the market opens on Wednesday, October 31st. Analysts expect Saia to post earnings of $1.04 per share for the quarter.
Saia (NASDAQ:SAIA) last announced its earnings results on Wednesday, August 1st. The transportation company reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. The firm had revenue of $428.73 million during the quarter, compared to analysts’ expectations of $416.95 million. Saia had a return on equity of 13.38% and a net margin of 7.45%. The business’s revenue was up 17.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.68 EPS. On average, analysts expect Saia to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of NASDAQ SAIA opened at $57.80 on Monday. The stock has a market capitalization of $1.49 billion, a P/E ratio of 26.39 and a beta of 0.80. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.22. Saia has a 52-week low of $56.76 and a 52-week high of $87.05.
A number of brokerages recently issued reports on SAIA. BidaskClub cut Saia from a “buy” rating to a “hold” rating in a research report on Friday, July 6th. Deutsche Bank began coverage on Saia in a research report on Tuesday, September 4th. They issued a “hold” rating and a $77.00 target price for the company. Zacks Investment Research cut Saia from a “buy” rating to a “hold” rating in a research report on Friday, August 10th. ValuEngine cut Saia from a “buy” rating to a “hold” rating in a research report on Tuesday, October 2nd. Finally, Cowen upped their target price on Saia from $80.00 to $84.00 and gave the company a “market perform” rating in a research report on Thursday, August 2nd. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $78.00.
Saia Company Profile
Saia, Inc, through its wholly-owned subsidiaries, operates as a transportation company in North America. The company provides regional and interregional less-than-truckload services for shipments between 100 and 10,000 pounds; truckload services; and other value-added services, including non-asset truckload, expedited, and logistics services.
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