Saia Inc. (SAIA) is looking forward to a strong quarter

With 0.88 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. During the session, the Trucking company that operates in wider Industrials sector, reached to the highest price of $407.13 whereas the lowest price it dropped to was $381.74. The 52-week range on SAIA shows that it touched its highest point at $628.34 and its lowest point at $341.26 during that stretch. It currently has a 1-year price target of $461.88. Beta for the stock currently stands at 1.74.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SAIA was down-trending over the past week, with a drop of -21.26%, but this was down by -15.80% over a month. Three-month performance dropped to -9.93% while six-month performance fell -14.20%. The stock lost -5.99% in the past year, while it has lost -11.87% so far this year. A look at the trailing 12-month EPS for SAIA yields 14.21 with Next year EPS estimates of 16.78. For the next quarter, that number is 3.55. This implies an EPS growth rate of 5.42% for this year and 20.02% for next year. EPS is expected to grow by 16.25% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 27.13%.

Float and Shares Shorts:

At present, 26.59 million SAIA shares are outstanding with a float of 26.52 million shares on hand for trading. On 2024-07-15, short shares totaled 1.91 million, which was 721.0 higher than short shares on 1718323200. In addition to Mr. Frederick J. Holzgrefe III as the firm’s President, CEO & Director, Mr. Patrick D. Sugar serves as its Executive Vice President of Operations.

Institutional Ownership:

Through their ownership of 1.04854 of SAIA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, SAIA reported revenue of $823244000.0 and operating income of $137593000.0. The EBITDA in the recently reported quarter was $190565000.0 and diluted EPS was $3.83.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SAIA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.