Saia (NASDAQ:SAIA) Stock Price Target Raised at JPMorgan Chase & Co.

Saia (NASDAQ:SAIA – Get Free Report) had its price target upped by stock analysts at JPMorgan Chase & Co. from $463.00 to $468.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the transportation company’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 35.81% from the stock’s current price.

Several other research analysts have also commented on SAIA. UBS Group dropped their price objective on shares of Saia from $527.00 to $504.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Stifel Nicolaus decreased their target price on shares of Saia from $438.00 to $423.00 and set a “buy” rating for the company in a research report on Thursday, October 8th. Stephens lowered their price objective on Saia from $520.00 to $490.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Jefferies Financial Group reiterated a “buy” rating on shares of Saia in a research report on Thursday. Finally, Barclays cut their target price on shares of Saia from $500.00 to $475.00 and set an “overweight” rating on the stock in a research note on Friday, July 31st. Fourteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Saia currently has a consensus rating of “Moderate Buy” and an average target price of $436.16.

View Our Latest Analysis on SAIA

Saia Price Performance

Shares of NASDAQ SAIA traded up $1.54 during trading hours on Friday, reaching $344.61. 560,546 shares of the stock traded hands, compared to its average volume of 464,326. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.04. Saia has a 52-week low of $249.32 and a 52-week high of $494.71. The company has a market capitalization of $9.19 billion, a P/E ratio of 33.26, a price-to-earnings-growth ratio of 2.62 and a beta of 2.19. The company’s 50-day simple moving average is $342.33 and its two-hundred day simple moving average is $387.61.

Saia (NASDAQ:SAIA – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The transportation company reported $3.41 EPS for the quarter, beating the consensus estimate of $3.30 by $0.11. Saia had a return on equity of 10.21% and a net margin of 8.19%. The business had revenue of $982.45 million during the quarter, compared to analyst estimates of $966.98 million. During the same quarter last year, the firm posted $2.81 earnings per share. The company’s revenue for the quarter was up 17.0% on a year-over-year basis. Equities research analysts forecast that Saia will post 11.43 EPS for the current year.

Hedge Funds Weigh In On Saia

A number of institutional investors have recently bought and sold shares of the stock. Danske Bank A S acquired a new stake in shares of Saia during the 2nd quarter valued at about $25,000. Caitong International Asset Management Co. Ltd bought a new position in Saia in the second quarter valued at approximately $27,000. Meeder Asset Management Inc. raised its stake in Saia by 360.0% during the 2nd quarter. Meeder Asset Management Inc. now owns 69 shares of the transportation company’s stock worth $29,000 after buying an additional 54 shares during the period. Root Financial Partners LLC bought a new stake in Saia in the 3rd quarter valued at $33,000. Finally, Quantbot Technologies LP acquired a new position in Saia during the second quarter worth $64,000.

Key Headlines Impacting Saia

Here are the key news stories impacting Saia this week:

  • Positive Sentiment: Q3 results exceeded expectations: Revenue reached a record $982.5 million, up 17% year over year, while diluted EPS of $3.41 topped consensus estimates near $3.30. LTL tonnage per workday increased 8.9%, and revenue per shipment excluding fuel surcharges rose 5.8%. Saia Reports Third Quarter 2026 Results
  • Positive Sentiment: Capital returns strengthened: Saia authorized up to $250 million in common-stock repurchases. Year-to-date free cash flow exceeded $240 million, while cash increased to $202.5 million and total debt declined to $100 million, providing financial flexibility for buybacks and network investment. Saia Q3 Revenue and Repurchase Program
  • Positive Sentiment: Citigroup became more bullish, raising its price target from $429 to $434 and assigning a “buy” rating. The new target implies substantial upside from the recent trading level. Citigroup Raises Saia Price Target
  • Neutral Sentiment: Board expertise expanded: Saia appointed transportation and logistics veteran Todd C. Fowler to its board and Audit Committee, adding experience in capital markets, autonomous trucking and supply-chain technology. Saia Expansion Terminals and Q3 Results
  • Negative Sentiment: Profitability remains a concern: The operating ratio increased to 87.6% from 85.9% a year earlier, indicating cost pressure despite revenue growth. Wells Fargo cut its target to $370 with an “equal weight” rating, while TD Cowen lowered its target to $393 and moved to “hold.” Wells Fargo Saia Rating

Saia Company Profile

(Get Free Report)

Saia, Inc is a transportation and logistics company headquartered in Johns Creek, Georgia. Through its primary subsidiary, Saia LTL Freight, the company provides less-than-truckload transportation, moving palletized and other freight shipments that do not require a full trailer. Its services include standard and time-definite delivery, expedited transportation, guaranteed services, and shipment tracking.

Saia also provides non-asset-based logistics services through Saia Logistics Services, which helps customers arrange freight transportation using third-party carriers.

See Also

Analyst Recommendations for Saia (NASDAQ:SAIA)

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