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After finishing at $400.08 in the prior trading day, Saia Inc. (NASDAQ: SAIA) closed at $393.26, down -1.70%. In other words, the price has decreased by -$1.70 from its previous closing price. On the day, 0.53 million shares were traded. SAIA stock price reached its highest trading level at $406.84 during the session, while it also had its lowest trading level at $388.59.
Ratios:
Our goal is to gain a better understanding of SAIA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.
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 this company, TD Cowen on April 29, 2024, Reiterated its Hold rating but revised its target price to $473 from $528 previously.
On March 11, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $676.JP Morgan initiated its Overweight rating on March 11, 2024, with a $676 target price.
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 May 02 ’24 when GAINOR JOHN P JR bought 500 shares for $407.00 per share. The transaction valued at 203,500 led to the insider holds 900 shares of the business.
COL DOUGLAS L sold 1,812 shares of SAIA for $1,010,638 on Feb 13 ’24. The Executive VP, CFO & Secretary now owns 5,623 shares after completing the transaction at $557.75 per share. On Feb 09 ’24, another insider, RAMU RAYMOND R, who serves as the Exec. VP & Chief Customer Off. of the company, sold 1,943 shares for $565.83 each. As a result, the insider received 1,099,412 and left with 4,447 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 10609093632 and an Enterprise Value of 10625222656. As of this moment, Saia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.50, and their Forward P/E ratio for the next fiscal year is 20.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.51 while its Price-to-Book (P/B) ratio in mrq is 5.15. Its current Enterprise Value per Revenue stands at 3.571 whereas that against EBITDA is 15.978.
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 $266.91. The 50-Day Moving Average of the stock is -28.96%, while the 200-Day Moving Average is calculated to be -14.17%.
Shares Statistics:
The stock has traded on average 361.42K shares per day over the past 3-months and 796330 shares per day over the last 10 days, according to various share statistics. 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 106.22% stake in the company. Shares short for SAIA as of 1713139200 were 1363361 with a Short Ratio of 3.77, compared to 1710460800 on 1457884. Therefore, it implies a Short% of Shares Outstanding of 1363361 and a Short% of Float of 6.529999999999999.
