Saia Inc (SAIA) – Don’t Be So Quick to Call it Dead

Saia Inc (NASDAQ: SAIA) is -44.39% lower on its value in year-to-date trading and has touched a low of $229.12 and a high of $624.55 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SAIA stock was last observed hovering at around $265.08 in the last trading session, with the day’s loss setting it -11.63%.

Currently trading at $253.45, the stock is -6.93% and -14.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing -4.39% at the moment leaves the stock -39.37% off its SMA200. SAIA registered -37.03% loss for a year compared to 6-month loss of -54.56%. The firm has a 50-day simple moving average (SMA 50) of $297.9726 and a 200-day simple moving average (SMA200) of $418.0454.

The stock witnessed a -0.42% gain in the last 1 month and extending the period to 3 months gives it a -33.76%, and is -6.14% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.51% over the week and 3.52% over the month.

Saia Inc (SAIA) has around 15300 employees, a market worth around $6.75B and $3.24B in sales. Current P/E ratio is 21.15 and Fwd P/E is 20.40. Profit margin for the company is 9.91%. Distance from 52-week low is 10.62% and -59.42% from its 52-week high. The company has generated returns on investments over the last 12 months (11.69%).

The EPS is expected to shrink by -30.45% this year

619.0 institutions hold shares in Saia Inc (SAIA), with institutional investors hold 116.28% of the company’s shares. The shares outstanding are 26.63M, and float is at 26.56M with Short Float at 4.81%. Institutions hold 116.04% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 3.1 million shares valued at $$1.47 billion. The investor’s holdings represent 11.6081 of the SAIA Shares outstanding. As of 2024-06-30, the second largest holder is PRICE T ROWE ASSOCIATES INC /MD/ with 2.61 million shares valued at $$1.24 billion to account for 9.7946 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.52 million shares representing 9.4304 and valued at over $$1.19 billion, while CAPITAL INTERNATIONAL INVESTORS holds 7.7058 of the shares totaling 2.06 million with a market value of $$975.25 million.

Saia Inc (SAIA) Insider Activity

The most recent transaction is an insider sale by RAMU RAYMOND R, the company’s Exec. VP & Chief Customer Off. SEC filings show that RAMU RAYMOND R sold 1,980 shares of the company’s common stock on Feb 24 ’25 at a price of $415.80 per share for a total of $0.82 million. Following the sale, the insider now owns 5902.0 shares.

Still, SEC filings show that on Feb 18 ’25, Batteh Matthew J (Chief Financial Officer) disposed off 700 shares at an average price of $500.09 for $0.35 million. The insider now directly holds 3,326 shares of Saia Inc (SAIA).

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