Saia, Inc. $SAIA Stock Holdings Lifted by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC raised its stake in Saia, Inc. (NASDAQ:SAIA) by 7.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 127,193 shares of the transportation company’s stock after buying an additional 9,247 shares during the period. Stephens Investment Management Group LLC owned approximately 0.48% of Saia worth $41,531,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. State of Wyoming acquired a new stake in Saia during the 3rd quarter valued at $30,000. Torren Management LLC acquired a new stake in Saia during the 4th quarter valued at $40,000. Allworth Financial LP raised its stake in Saia by 69.0% during the 3rd quarter. Allworth Financial LP now owns 142 shares of the transportation company’s stock valued at $43,000 after purchasing an additional 58 shares during the period. Farther Finance Advisors LLC raised its stake in Saia by 46.9% during the 4th quarter. Farther Finance Advisors LLC now owns 144 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 46 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC raised its stake in Saia by 6,400.0% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 195 shares of the transportation company’s stock valued at $58,000 after purchasing an additional 192 shares during the period.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Benchmark boosted their target price on shares of Saia from $425.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Morgan Stanley reissued an “underweight” rating and set a $265.00 target price on shares of Saia in a research note on Friday, May 1st. BMO Capital Markets set a $425.00 target price on shares of Saia in a research note on Thursday, February 19th. Jefferies Financial Group boosted their target price on shares of Saia from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Finally, Citigroup boosted their price target on shares of Saia from $428.00 to $516.00 and gave the company a “buy” rating in a report on Monday, May 4th. Ten investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $444.94.

Saia Stock Up 0.2%

SAIA stock opened at $460.38 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.52 and a quick ratio of 1.52. Saia, Inc. has a 52-week low of $248.37 and a 52-week high of $463.12. The company has a 50-day moving average of $389.52 and a two-hundred day moving average of $355.49. The stock has a market capitalization of $12.28 billion, a price-to-earnings ratio of 48.36, a price-to-earnings-growth ratio of 2.20 and a beta of 2.12.

Saia (NASDAQ:SAIA) last announced its quarterly earnings data on Thursday, April 30th. The transportation company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $0.04. The business had revenue of $806.23 million during the quarter, compared to analyst estimates of $789.08 million. Saia had a net margin of 7.84% and a return on equity of 9.60%. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.86 earnings per share. As a group, equities research analysts anticipate that Saia, Inc. will post 11.36 EPS for the current year.

About Saia

Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.

The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.