Saia’s Q3 non-GAAP EPS falls short by $0.03.

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Saia Intrinsic Value – Saia ($NASDAQ:SAIA), Inc. is a regional less-than-truckload carrier providing transportation and logistics services throughout the United States. The company reported its third quarter earnings yesterday, and unfortunately its non-GAAP EPS of $3.67 missed estimates by $0.03. Analysts had been expecting a strong quarter from Saia, given the strong results from its peers in the LTL space.

However, it seems that the company was not able to capitalize on the tailwinds as much as its competitors did. This is likely to put pressure on the stock in the near-term. Looking ahead, Saia remains well-positioned to benefit from the continued growth in e-commerce and the resulting increase in demand for LTL services. However, it will need to continue to execute well in order to maintain its market share and drive shareholder value.

Earnings

In Saia‘s latest earning report for the fiscal year 2022 second quarter ending June 30, the company earned a total of $2640.1 million in revenue and $342.1 million in net income. This represents a 15.4% increase in total revenue and a 35.1% increase in net income compared to the same period last year. Saia’s total revenue has grown from $1822.4 million to $2640.1 million over the last three years, and the company is reporting strong growth in both total revenue and net income.

However, earnings per share for the quarter fell short by $0.03, missing analyst expectations. Despite this, Saia remains a financially strong company with a bright future.

Stock Price

Saia Inc. reported its third-quarter results after the bell on Thursday, and the news was mostly negative. On Monday, SAIA stock opened at $192.4 and closed at $198.9, up by 3.5% from previous closing price of 192.2. This was likely due to investors reacting positively to the company’s Q3 results, in spite of the EPS miss.

VI Analysis – Saia Intrinsic Value Calculator

Saia Inc. is a trucking company that offers long-haul, regional, and local freight services across the United States. The company’s fundamentals reflect its long-term potential, and the fair value of its shares is around $230.2, calculated by VI Line. However, the stock is currently trading at $198.9, which represents a fair price that is undervalued by 14%.

VI Peers

The company has a strong network of trucking, intermodal, and logistics facilities and offers a wide range of services, including truckload transportation, less-than-truckload transportation, intermodal transportation, and logistics solutions. Saia‘s competitors include Covenant Logistics Group, Inc., Kanda Holdings Co., Ltd., and Titanium Transportation Group, Inc.

– Covenant Logistics Group Inc ($NASDAQ:CVLG)

Covenant Logistics Group Inc. is a provider of transportation and logistics services. The company operates in three segments: Truckload, Less-Than-Truckload, and Intermodal. It offers truckload, less-than-truckload, intermodal, and other value-added services. The company also provides transportation management, warehousing, and other logistics services.

– Kanda Holdings Co Ltd ($TSE:9059)

Kanda Holdings Co Ltd is a Japanese conglomerate with a market cap of 11.74B as of 2022. The company has a Return on Equity of 8.89%. Kanda Holdings Co Ltd is involved in a variety of businesses, including electronics, automotive, and pharmaceuticals.

Summary

It is important to do your own research before investing in any company, and this is especially true for smaller companies like Saia. While the company’s recent quarterly results fell short of expectations, its stock price still moved up on the news. This could be due to investor optimism about the company’s long-term prospects. It has a strong reputation and a solid financial foundation.

However, it is facing some challenges in the current market. These include rising fuel costs, driver shortages, and increased competition from larger companies. Despite these challenges, Saia remains a strong company with a lot of potential. It has a strong brand and a loyal customer base. It is also well-positioned to benefit from the continued growth of e-commerce. For these reasons, Saia could be a good long-term investment.