Saia (NASDAQ:SAIA) Stock Price Target Lowered at Wells Fargo & Company

Saia (NASDAQ:SAIA) had its price objective decreased by Wells Fargo & Company from $400.00 to $370.00 in a report released on Friday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the transportation company’s stock.

A number of other analysts also recently issued reports on SAIA. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Saia in a report on Monday, August 3rd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $476.00 price objective on shares of Saia in a research report on Thursday, July 30th. JPMorgan Chase & Co. dropped their price objective on Saia from $490.00 to $463.00 and set an “overweight” rating on the stock in a report on Monday, October 5th. TD Cowen cut their target price on Saia from $445.00 to $400.00 and set a “hold” rating on the stock in a research report on Friday, July 31st. Finally, Raymond James Financial reissued an “outperform” rating and set a $410.00 target price on shares of Saia in a research report on Thursday, October 15th. Fourteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Saia currently has a consensus rating of “Moderate Buy” and a consensus target price of $436.16.

Saia Price Performance

Saia stock opened at $344.61 on Friday. The company has a current ratio of 1.83, a quick ratio of 1.58 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $342.03 and a 200-day simple moving average of $387.51. The stock has a market cap of $9.19 billion, a P/E ratio of 32.66, a price-to-earnings-growth ratio of 2.76 and a beta of 2.19. Saia has a 12-month low of $249.32 and a 12-month high of $494.71.

Saia (NASDAQ:SAIA) last posted its earnings results on Thursday, October 29th. The transportation company reported $3.41 EPS for the quarter, beating the consensus estimate of $3.30 by $0.11. The firm had revenue of $982.45 million for the quarter, compared to analyst estimates of $966.98 million. Saia had a return on equity of 10.53% and a net margin of 8.01%. Saia’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.81 earnings per share. Equities analysts expect that Saia will post 11.47 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SAIA. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its position in Saia by 83.7% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 3,160 shares of the transportation company’s stock valued at $1,055,000 after acquiring an additional 1,440 shares during the last quarter. Verdence Capital Advisors LLC acquired a new position in Saia in the third quarter valued at $217,000. Signaturefd LLC boosted its stake in Saia by 117.2% in the third quarter. Signaturefd LLC now owns 252 shares of the transportation company’s stock valued at $84,000 after acquiring an additional 136 shares in the last quarter. Tectonic Advisors LLC grew its holdings in shares of Saia by 118.7% during the third quarter. Tectonic Advisors LLC now owns 7,243 shares of the transportation company’s stock worth $2,417,000 after purchasing an additional 3,931 shares during the last quarter. Finally, Inspire Investing LLC grew its holdings in shares of Saia by 8.8% during the third quarter. Inspire Investing LLC now owns 2,603 shares of the transportation company’s stock worth $869,000 after purchasing an additional 210 shares during the last quarter.

Key Stories 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

About Saia

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.