SaiaSAIA
SAIA
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0.5% more ownership
Funds ownership: 110.03% [Q2] → 110.53% (+0.5%) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 166
2% less funds holding
Funds holding: 460 [Q2] → 450 (-10) [Q3]
7% less capital invested
Capital invested by funds: $13.9B [Q2] → $12.8B (-$1.02B) [Q3]
13% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 75
33% less call options, than puts
Call options by funds: $111M | Put options by funds: $166M
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$437
8%
downside
Avg. target
$534
13%
upside
High target
$644
36%
upside
10 analyst ratings
7 positive
70%
3 neutral
30%
0 negative
0%
Goldman Sachs Jordan Alliger 47% 1-year accuracy 7 / 15 met price target | 19%upside $563 | Neutral Maintained | 12 Dec 2024 |
JP Morgan Brian Ossenbeck 50% 1-year accuracy 18 / 36 met price target | 20%upside $566 | Overweight Maintained | 6 Dec 2024 |
Citigroup Ariel Rosa 31% 1-year accuracy 8 / 26 met price target | 36%upside $644 | Buy Maintained | 4 Dec 2024 |
Barclays Brandon Oglenski 41% 1-year accuracy 26 / 64 met price target | 31%upside $620 | Overweight Maintained | 13 Nov 2024 |
Stephens & Co. Jack Atkins 67% 1-year accuracy 4 / 6 met price target | 9%upside $515 | Overweight Maintained | 29 Oct 2024 |
Financial journalist opinion
Based on 4 articles about SAIA published over the past 30 days
Neutral
GlobeNewsWire
2 days ago
Saia Partners with Tesla to Launch Two Electric Semis
The cutting-edge semi-trucks are part of Saia's commitment to sustainability and innovation in logistics. The cutting-edge semi-trucks are part of Saia's commitment to sustainability and innovation in logistics.
Neutral
CNBC Television
3 days ago
Final Trade: GOOG, SAIA, X, PFE
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Neutral
GlobeNewsWire
1 week ago
Saia Inc. Announces Increase in Borrowing Capacity
JOHNS CREEK, Ga., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced today that it has closed on an amendment to its unsecured revolving credit facility to increase its borrowing capacity from $300 million to $600 million. The amendment also extends the maturity of the existing credit facility to December 2029.
Neutral
GlobeNewsWire
2 weeks ago
Saia Provides Fourth Quarter LTL Operating Data
JOHNS CREEK, Ga., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, is providing LTL shipment and tonnage data for the first two months of the fourth quarter. In October 2024, LTL shipments per workday increased 4.4%, LTL tonnage per workday increased 6.9% and LTL weight per shipment increased 2.4% to 1,352 pounds compared to 1,321 pounds in October 2023. In November 2024, LTL shipments per workday increased 2.3%, LTL tonnage per workday increased 5.7% and LTL weight per shipment increased 3.3% to 1,357 pounds compared to 1,313 pounds in November 2023.
Neutral
GlobeNewsWire
1 month ago
Saia Expands Michigan Presence with New Terminal in Warren
The new facility will enhance service efficiency and reduce transit times for shippers. The new facility will enhance service efficiency and reduce transit times for shippers.
Negative
Zacks Investment Research
1 month ago
3 Truck Stocks to Keep an Eye on Despite Industry Hiccups
The Zacks Industry Rank for the Transportation-Truck industry paints a dull picture mainly due to the slowdown in freight demand. We believe stocks like JBHT, SAIA and KNX are better positioned to escape industry challenges presently.
Positive
Seeking Alpha
1 month ago
Saia: Good Growth Prospects Should Drive Upside
SAIA is poised for growth due to increased geographic penetration, solid pricing, and favorable macro conditions, warranting a buy rating. Recent revenue growth is driven by disciplined pricing, market share gains, and new terminal openings, with a positive outlook for future growth. Margins are expected to improve with the new terminals ramp-up, pricing increases, and good execution.
Neutral
GlobeNewsWire
1 month ago
From One Truck to Industry Titan: Saia LTL Freight Celebrates 100 Years
Saia is excited to recognize the employees, customers and commitment that made this milestone possible Saia is excited to recognize the employees, customers and commitment that made this milestone possible
Positive
MarketBeat
1 month ago
Trucking Stocks Led the Pack Last Week: Can They Keep Rolling?
Price action can be one of the best indicators for investors to keep track of when figuring out where the market is trying to go in the coming quarters. As it turns out, most – if not all – asset classes rose tremendously the morning after the United States presidential elections, and as Warren Buffett says, all boats will do well on a rising tide.
Neutral
Seeking Alpha
1 month ago
Saia, Inc. (SAIA) Q3 2024 Earnings Call Transcript
Saia, Inc. (NASDAQ:SAIA ) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Matthew Batteh - Executive Vice President and Chief Financial Officer Frederick Holzgrefe - President and Chief Executive Officer Conference Call Participants Ken Hoexter - Bank of America Jordan Alliger - Goldman Sachs Daniel Imbro - Stephens Tom Wadewitz - UBS Fadi Chamoun - BMO Capital Markets Brian Ossenbeck - JPMorgan Eric Morgan - Barclays Jonathan Chappell - Evercore ISI Christian Wetherbee - Wells Fargo Jason Seidl - TD Cowen Ben Moore - Citi Ravi Shanker - Morgan Stanley Stephanie Moore - Jefferies Bascome Majors - Susquehanna Chris Kuhn - The Benchmark Company Tyler Brown - Raymond James Operator Ladies and gentlemen, thank you for standing by. My name is Abby and I will be your conference operator today.
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