Saia, Inc. $SAIA Shares Acquired by Militia Capital Partners LP

Militia Capital Partners LP increased its position in shares of Saia, Inc. (NASDAQ:SAIA) by 173.3% in the 4th quarter, HoldingsChannel reports. The firm owned 2,460 shares of the transportation company’s stock after purchasing an additional 1,560 shares during the period. Militia Capital Partners LP’s holdings in Saia were worth $803,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in SAIA. AQR Capital Management LLC raised its holdings in Saia by 52.4% during the first quarter. AQR Capital Management LLC now owns 1,781 shares of the transportation company’s stock worth $622,000 after purchasing an additional 612 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Saia by 334.3% during the first quarter. Jones Financial Companies Lllp now owns 873 shares of the transportation company’s stock worth $305,000 after purchasing an additional 672 shares in the last quarter. California Public Employees Retirement System raised its holdings in Saia by 4.3% during the second quarter. California Public Employees Retirement System now owns 32,543 shares of the transportation company’s stock worth $8,916,000 after purchasing an additional 1,356 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in Saia during the second quarter worth about $11,599,000. Finally, Frontier Capital Management Co. LLC purchased a new position in Saia during the second quarter worth about $13,943,000.

Saia Trading Down 3.6%

Shares of Saia stock opened at $457.02 on Wednesday. Saia, Inc. has a 12-month low of $249.32 and a 12-month high of $494.71. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.04. The stock has a market cap of $12.19 billion, a PE ratio of 48.01, a price-to-earnings-growth ratio of 2.26 and a beta of 2.10. The company has a 50-day moving average of $445.60 and a two-hundred day moving average of $385.86.

Saia (NASDAQ:SAIA) last issued its earnings results on Thursday, April 30th. The transportation company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.82 by $0.04. Saia had a net margin of 7.84% and a return on equity of 9.60%. The company had revenue of $806.23 million during the quarter, compared to analysts’ expectations of $789.08 million. During the same period last year, the company posted $1.86 earnings per share. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. On average, research analysts anticipate that Saia, Inc. will post 11.4 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Wolfe Research raised shares of Saia from a “peer perform” rating to an “outperform” rating in a report on Tuesday, April 7th. Susquehanna increased their price target on shares of Saia from $425.00 to $465.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Evercore set a $476.00 price target on shares of Saia in a report on Friday, May 1st. Citigroup cut shares of Saia from a “buy” rating to a “neutral” rating and increased their price target for the stock from $516.00 to $524.00 in a report on Monday. Finally, Weiss Ratings raised shares of Saia from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Nine equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $454.00.

Saia Company Profile

Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.

The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.