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In the latest session, Saia Inc. (NASDAQ: SAIA) closed at $412.89 down -3.95% from its previous closing price of $429.89. In other words, the price has decreased by -$3.95 from its previous closing price. On the day, 0.65 million shares were traded. SAIA stock price reached its highest trading level at $425.07 during the session, while it also had its lowest trading level at $412.78.
Ratios:
For a deeper understanding of Saia Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.12.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on October 21, 2024, Downgraded its rating to Hold and sets its target price to $437 from $440 previously.
On October 09, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $511.
On October 09, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $518.Citigroup initiated its Buy rating on October 09, 2024, with a $518 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 09 ’24 when RAMU RAYMOND R sold 820 shares for $407.70 per share. The transaction valued at 334,311 led to the insider holds 3,253 shares of the business.
RAYMOND R. RAMU bought 820 shares of SAIA for $334,311 on Sep 09 ’24. On Aug 01 ’24, another insider, GAINOR JOHN P JR, who serves as the Director of the company, bought 382 shares for $392.56 each. As a result, the insider paid 149,960 and bolstered with 1,282 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 10949265408 and an Enterprise Value of 11238317056. As of this moment, Saia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.06, and their Forward P/E ratio for the next fiscal year is 25.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.54 while its Price-to-Book (P/B) ratio in mrq is 5.14. Its current Enterprise Value per Revenue stands at 3.62 whereas that against EBITDA is 16.283.
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 $341.26. The 50-Day Moving Average of the stock is -1.80%, while the 200-Day Moving Average is calculated to be -11.89%.
Shares Statistics:
For the past three months, SAIA has traded an average of 403.54K shares per day and 307830 over the past ten days. A total of 26.59M shares are outstanding, with a floating share count of 26.52M. Insiders hold about 0.27% of the company’s shares, while institutions hold 110.53% stake in the company. Shares short for SAIA as of 1727654400 were 2241700 with a Short Ratio of 5.56, compared to 1724976000 on 2311435. Therefore, it implies a Short% of Shares Outstanding of 2241700 and a Short% of Float of 10.74.
