SaiaSAIA
Market Cap: $10.7B
About: Saia ranks among the 10 largest less-than-truckload carriers in the United States, with more than 200 facilities and a fleet of more than 6,200 tractors and 20,800 trailers. As a national LTL carrier, the firm offers time-definite and expedited options for shipments ranging between 100 and 10,000 pounds. Saia ranks among the top-tier providers in terms of profitability.
Employees: 14,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
10% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 165
6.06% more ownership
Funds ownership: 102.66% [Q1] → 108.72% (+6.06%) [Q2]
9% less funds holding
Funds holding: 498 [Q1] → 453 (-45) [Q2]
14% less capital invested
Capital invested by funds: $16B [Q1] → $13.7B (-$2.26B) [Q2]
42% less call options, than puts
Call options by funds: $107M | Put options by funds: $187M
44% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 102
75% less funds holding in top 10
Funds holding in top 10: 8 [Q1] → 2 (-6) [Q2]
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
JP Morgan Brian Ossenbeck 50% 1-year accuracy 23 / 46 met price target | 20%upside $481 | Overweight Maintained | 6 Sept 2024 |
Wells Fargo Christian Wetherbee 68% 1-year accuracy 19 / 28 met price target | 2%upside $410 | Equal-Weight Maintained | 5 Sept 2024 |
TD Cowen Jason Seidl 71% 1-year accuracy 5 / 7 met price target | 4%upside $418 | Hold Maintained | 5 Sept 2024 |
Benchmark Christopher Kuhn 67% 1-year accuracy 20 / 30 met price target | 19%upside $480 | Buy Reiterated | 5 Sept 2024 |
B of A Securities Ken Hoexter 51% 1-year accuracy 21 / 41 met price target | 14%upside $460 | Buy Maintained | 5 Sept 2024 |
Financial journalist opinion
Based on 4 articles about SAIA published over the past 30 days