In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
Saia Inc. (NASDAQ: SAIA) closed the day trading at $527.83 down -3.38% from the previous closing price of $546.28. In other words, the price has decreased by -$3.38 from its previous closing price. On the day, 0.77 million shares were traded. SAIA stock price reached its highest trading level at $549.5196 during the session, while it also had its lowest trading level at $504.65.
Ratios:
For a better understanding of SAIA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 47.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 101.65. For the most recent quarter (mrq), Quick Ratio is recorded 2.01 and its Current Ratio is at 2.01. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.05.
On March 11, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $676.
Stifel Downgraded its Buy to Hold on February 06, 2024, whereas the target price for the stock was revised from $484 to $526.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 13 ’24 when COL DOUGLAS L sold 1,812 shares for $557.75 per share. The transaction valued at 1,010,638 led to the insider holds 5,623 shares of the business.
RAMU RAYMOND R sold 1,943 shares of SAIA for $1,099,412 on Feb 09 ’24. The Exec. VP & Chief Customer Off. now owns 4,447 shares after completing the transaction at $565.83 per share. On Feb 09 ’24, another insider, SUGAR PATRICK D, who serves as the EVP Operations of the company, sold 1,431 shares for $549.62 each. As a result, the insider received 786,505 and left with 7,442 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SAIA now has a Market Capitalization of 13997207552 and an Enterprise Value of 13839221760. As of this moment, Saia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.79, and their Forward P/E ratio for the next fiscal year is 26.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.87 while its Price-to-Book (P/B) ratio in mrq is 7.20. Its current Enterprise Value per Revenue stands at 4.803 whereas that against EBITDA is 21.615.
Stock Price History:
Over the past 52 weeks, SAIA has reached a high of $628.34, while it has fallen to a 52-week low of $244.69. The 50-Day Moving Average of the stock is -7.63%, while the 200-Day Moving Average is calculated to be 15.92%.
Shares Statistics:
Over the past 3-months, SAIA traded about 290.67K shares per day on average, while over the past 10 days, SAIA traded about 321900 shares per day. A total of 26.59M shares are outstanding, with a floating share count of 26.52M. Insiders hold about 0.24% of the company’s shares, while institutions hold 105.99% stake in the company. Shares short for SAIA as of 1711584000 were 1296235 with a Short Ratio of 4.46, compared to 1709164800 on 1357531. Therefore, it implies a Short% of Shares Outstanding of 1296235 and a Short% of Float of 6.21.
