Saia Inc. (NASDAQ: SAIA) has a higher price-to-earnings ratio of 30.35x compared to its average ratio, The 36-month beta value for SAIA is at 1.74. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 as “hold,” and 1 as “sell.”
The public float for SAIA is 26.52M, and currently, shorts hold a 8.34% of that float. The average trading volume for SAIA on September 27, 2024 was 436.97K shares.
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SAIA) stock’s latest price update
Saia Inc. (NASDAQ: SAIA) has experienced a decline in its stock price by -4.22 compared to its previous closing price of 450.27. However, the company has seen a fall of -4.97% in its stock price over the last five trading days. globenewswire.com reported 2024-09-18 that The new facilities will drive enhanced service and regional growth in Bismarck, Fargo, and Sidney. The new facilities will drive enhanced service and regional growth in Bismarck, Fargo, and Sidney.
SAIA’s Market Performance
Saia Inc. (SAIA) has experienced a -4.97% fall in stock performance for the past week, with a 15.10% rise in the past month, and a -5.98% drop in the past quarter. The volatility ratio for the week is 4.20%, and the volatility levels for the past 30 days are at 3.83% for SAIA. The simple moving average for the past 20 days is 2.98% for SAIA’s stock, with a -7.72% simple moving average for the past 200 days.
Analysts’ Opinion of SAIA
Many brokerage firms have already submitted their reports for SAIA stocks, with TD Cowen repeating the rating for SAIA by listing it as a “Hold.” The predicted price for SAIA in the upcoming period, according to TD Cowen is $416 based on the research report published on July 29, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see SAIA reach a price target of $445. The rating they have provided for SAIA stocks is “Equal Weight” according to the report published on June 07th, 2024.
TD Cowen gave a rating of “Hold” to SAIA, setting the target price at $475 in the report published on June 06th of the current year.
SAIA Trading at 4.19% from the 50-Day Moving Average
After a stumble in the market that brought SAIA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.36% of loss for the given period.
Volatility was left at 3.83%, however, over the last 30 days, the volatility rate increased by 4.20%, as shares surge +16.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.84% lower at present.
During the last 5 trading sessions, SAIA fell by -4.97%, which changed the moving average for the period of 200-days by +10.16% in comparison to the 20-day moving average, which settled at $421.80. In addition, Saia Inc. saw -1.58% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SAIA starting from RAMU RAYMOND R, who sale 820 shares at the price of $407.70 back on Sep 09 ’24. After this action, RAMU RAYMOND R now owns 3,253 shares of Saia Inc., valued at $334,311 using the latest closing price.
RAYMOND R. RAMU, the Officer of Saia Inc., proposed sale 820 shares at $407.70 during a trade that took place back on Sep 09 ’24, which means that RAYMOND R. RAMU is holding shares at $334,311 based on the most recent closing price.
Stock Fundamentals for SAIA
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.17 for the gross margin
The net margin for Saia Inc. stands at 0.12. The total capital return value is set at 0.19. Equity return is now at value 19.61, with 14.38 for asset returns.
Based on Saia Inc. (SAIA), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at 1.74. The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is 114.56.
Currently, EBITDA for the company is 640.25 million with net debt to EBITDA at 0.42. When we switch over and look at the enterprise to sales, we see a ratio of 3.79. The receivables turnover for the company is 8.1for trailing twelve months and the total asset turnover is 1.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.
Conclusion
In conclusion, Saia Inc. (SAIA) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
