Stocks of Saia Inc (NASDAQ:SAIA) traded higher last session on Wall Street, down -0.28% to $564.38.
SAIA stock price is now 17.66% away from the 50-day moving average and 19.16% away from the 200-day moving average. The market capitalization of the company currently stands at $15.01B.
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With the price target reduced from $440 to $437, Stifel Downgraded its rating from Buy to Hold for Saia Inc (NASDAQ: SAIA). On October 09, 2024, Wolfe Research Upgraded its previous ‘Peer Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $511, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, Lal Rohit, EVP IT and CIO sold 1,120 shares of the company’s stock on Nov 21 ’24. The stock was sold for $627,200 at an average price of $560.00. Upon completion of the transaction, the EVP IT and CIO now directly owns 8,270 shares in the company, valued at $4.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 21 ’24, Officer ROHIT LAL bought 1,120 shares of the business’s stock. A total of $627,200 was incurred on buying the stock at an average price of $560.00. A total of 0.25% of the company’s stock is owned by insiders.
During the past 12 months, Saia Inc has had a low of $358.90 and a high of $628.34. As of last week, the company has a debt-to-equity ratio of 0.14, a current ratio of 1.26, and a quick ratio of 1.26. According to the stock market information, the enterprise value for the company is $15264467968, which is based on a 40.30 price-to-earnings ratio, a 3.01 price-to-earnings-growth ratio, and a beta of 1.74. The fifty day moving average price for SAIA is $477.2514 and a two-hundred day moving average price translates $473.5693 for the stock.
The latest earnings results from Saia Inc (NASDAQ: SAIA) was released for 2024-09-30. The net profit margin was 11.83% and return on equity was 18.39% for SAIA. The company reported revenue of $842.1 million for the quarter, compared to $775.14 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.64 percent.
