Saia (NASDAQ:SAIA) Price Target Raised to $468.00

Saia (NASDAQ:SAIA) had its price objective lifted by JPMorgan Chase & Co. from $463.00 to $468.00 in a research report report published on Friday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the transportation company’s stock.

Several other equities analysts also recently commented on SAIA. The Goldman Sachs Group reissued a “buy” rating and issued a $476.00 price objective on shares of Saia in a research note on Thursday, July 30th. Raymond James Financial reiterated an “outperform” rating and issued a $410.00 price objective on shares of Saia in a research note on Thursday, October 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Saia in a report on Monday, August 3rd. Barclays reduced their target price on shares of Saia from $500.00 to $475.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Finally, Sanford C. Bernstein began coverage on Saia in a report on Thursday, September 10th. They issued an “outperform” rating and a $439.00 price objective for the company. Fourteen 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $436.16.

Saia Price Performance

NASDAQ:SAIA opened at $344.61 on Friday. The company has a market cap of $9.19 billion, a price-to-earnings ratio of 32.66, a P/E/G ratio of 2.62 and a beta of 2.09. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.83 and a current ratio of 1.83. Saia has a 52-week low of $249.32 and a 52-week high of $494.71. The stock’s fifty day moving average price is $342.03 and its two-hundred day moving average price is $387.51.

Saia (NASDAQ:SAIA) last announced its earnings results on Thursday, October 29th. The transportation company reported $3.41 EPS for the quarter, topping the consensus estimate of $3.30 by $0.11. The firm had revenue of $982.45 million for the quarter, compared to the consensus estimate of $966.98 million. Saia had a net margin of 8.01% and a return on equity of 10.53%. The business’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period last year, the company posted $2.81 EPS. On average, analysts anticipate that Saia will post 11.49 EPS for the current year.

Hedge Funds Weigh In On Saia

Large investors have recently made changes to their positions in the stock. Chicago Partners Investment Group LLC acquired a new stake in shares of Saia in the third quarter worth approximately $302,000. VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in shares of Saia by 83.7% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 3,160 shares of the transportation company’s stock valued at $1,055,000 after purchasing an additional 1,440 shares during the period. Verdence Capital Advisors LLC acquired a new position in Saia in the third quarter worth approximately $217,000. Signaturefd LLC boosted its position in shares of Saia by 117.2% in the third quarter. Signaturefd LLC now owns 252 shares of the transportation company’s stock worth $84,000 after buying an additional 136 shares during the period. Finally, Tectonic Advisors LLC increased its stake in shares of Saia by 118.7% in the third quarter. Tectonic Advisors LLC now owns 7,243 shares of the transportation company’s stock worth $2,417,000 after acquiring an additional 3,931 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.