Trading Day Triumph: Saia Inc (SAIA) Ends at 476.03, a 2.41 Surge/Plunge

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Saia Inc (NASDAQ: SAIA) closed the day trading at $476.03 up 2.41% from the previous closing price of $464.85. In other words, the price has increased by $2.41 from its previous closing price. On the day, 98784.0 shares were traded. SAIA stock price reached its highest trading level at $476.36 during the session, while it also had its lowest trading level at $464.04.

Ratios:

For a better understanding of SAIA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.26. 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:

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 Nov 21 ’24 when Lal Rohit sold 1,120 shares for $560.00 per share. The transaction valued at 627,200 led to the insider holds 8,270 shares of the business.

ROHIT LAL bought 1,120 shares of SAIA for $627,200 on Nov 21 ’24. On Nov 08 ’24, another insider, SUGAR PATRICK D, who serves as the EVP Operations of the company, sold 804 shares for $552.82 each. As a result, the insider received 444,470 and left with 6,671 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 12660065280 and an Enterprise Value of 12851267584. As of this moment, Saia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.99, and their Forward P/E ratio for the next fiscal year is 30.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.99 while its Price-to-Book (P/B) ratio in mrq is 5.67. Its current Enterprise Value per Revenue stands at 4.052 whereas that against EBITDA is 18.465.

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 $358.90. The 50-Day Moving Average of the stock is -6.29%, while the 200-Day Moving Average is calculated to be 1.50%.

Shares Statistics:

Over the past 3-months, SAIA traded about 370.85K shares per day on average, while over the past 10 days, SAIA traded about 418140 shares per day. A total of 26.60M shares are outstanding, with a floating share count of 26.53M. Insiders hold about 0.25% of the company’s shares, while institutions hold 112.85% stake in the company. Shares short for SAIA as of 1732838400 were 2094371 with a Short Ratio of 5.65, compared to 1730332800 on 2224367. Therefore, it implies a Short% of Shares Outstanding of 2094371 and a Short% of Float of 10.0.

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