News stories about Saia (NASDAQ:SAIA) have been trending somewhat negative on Friday, Alpha One Sentiment reports. The research group, a subsidiary of Accern, identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Saia earned a media sentiment score of -0.10 on Alpha One’s scale. Alpha One also gave media coverage about the transportation company an impact score of 63 out of 100, indicating that recent media coverage is somewhat likely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected AlphaOne Sentiment’s rankings:
- Financial Review: Saia (SAIA) vs. USA Truck (USAK) (americanbankingnews.com)
- Threat Intelligence Provider Recorded Future Launches Partner Program (crn.com)
- USA Truck (USAK) vs. Saia (SAIA) Head-To-Head Comparison (americanbankingnews.com)
- Saia, Inc. (SAIA) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Artemis skipper falls overboard in Cup challenger finals (cote-ivoire.com)
Shares of Saia (NASDAQ SAIA) traded down 1.49% during midday trading on Friday, hitting $49.75. The company’s stock had a trading volume of 189,023 shares. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 26.34 and a beta of 0.77. Saia has a 12-month low of $23.27 and a 12-month high of $52.35. The firm has a 50-day moving average of $46.66 and a 200 day moving average of $46.17.
Saia (NASDAQ:SAIA) last announced its quarterly earnings results on Friday, April 28th. The transportation company reported $0.44 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.03. The company had revenue of $317 million during the quarter, compared to the consensus estimate of $306.80 million. Saia had a return on equity of 10.27% and a net margin of 3.92%. Saia’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.42 EPS. On average, equities research analysts predict that Saia will post $2.13 EPS for the current fiscal year.
SAIA has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded Saia from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a report on Wednesday, May 17th. Cowen and Company boosted their price objective on Saia from $49.00 to $50.00 and gave the company a “market perform” rating in a report on Monday, May 1st. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $52.20.
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Saia, Inc is a transportation company. The Company provides regional and interregional less-than-truckload (LTL) services. The Company also offers a range of other value-added services, including non-asset truckload, expedited and logistics services across the United States. The Company’s subsidiary Saia Motor Freight Line, LLC (Saia LTL Freight) is a LTL carrier.
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