Saia (SAIA) to Release Quarterly Earnings on Friday

Saia (NASDAQ:SAIA) is set to announce its earnings results before the market opens on Friday, October 25th. Analysts expect the company to announce earnings of $3.54 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Saia (NASDAQ:SAIA) last issued its quarterly earnings data on Friday, July 26th. The transportation company reported $3.83 EPS for the quarter, missing the consensus estimate of $4.00 by ($0.17). The company had revenue of $823.24 million during the quarter, compared to analyst estimates of $821.60 million. Saia had a return on equity of 19.14% and a net margin of 12.26%. On average, analysts expect Saia to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Saia Trading Down 4.0 %

Shares of SAIA stock opened at $412.89 on Thursday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.36 and a current ratio of 1.36. The stock has a market capitalization of $10.98 billion, a P/E ratio of 29.06, a price-to-earnings-growth ratio of 2.08 and a beta of 1.74. The company has a 50 day moving average price of $420.49 and a 200 day moving average price of $438.46. Saia has a fifty-two week low of $341.26 and a fifty-two week high of $628.34.

Analyst Upgrades and Downgrades

A number of research firms have commented on SAIA. Jefferies Financial Group raised their target price on Saia from $480.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Citigroup initiated coverage on shares of Saia in a research report on Wednesday, October 9th. They issued a “buy” rating and a $518.00 price objective for the company. Wells Fargo & Company raised their price objective on Saia from $400.00 to $410.00 and gave the stock an “equal weight” rating in a report on Thursday, September 5th. JPMorgan Chase & Co. increased their price objective on shares of Saia from $479.00 to $481.00 and gave the stock an “overweight” rating in a report on Friday, September 6th. Finally, Susquehanna boosted their target price on shares of Saia from $550.00 to $585.00 and gave the company a “positive” rating in a report on Wednesday, September 18th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Saia presently has an average rating of “Moderate Buy” and a consensus target price of $489.63.

About Saia

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.