Analysts Set $416.11 Price Target for Saia, Inc
December 28, 2023
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Analysts have set a price target of $416.11 for Saia ($NASDAQ:SAIA), Inc., a North American less-than-truckload (LTL) transportation and logistics services provider. The company offers a range of services, including next-day and two-day regional LTL service, expedited transportation, guaranteed and time-definite services, and truckload services. It also provides value-added services, including shipment consolidation and warehousing.
The company’s impressive network makes it possible to provide customers with reliable and cost-effective transportation services. As such, analysts have set a price target of $416.11 for the stock, reflecting their confidence in Saia’s business prospects.
Market Price
The stock opened at $451.4 and closed at $457.9, up by 1.3% from the previous closing price of $451.8. Analysts expect SAIA stock to reach the price target within the next twelve months. This prediction is based on current market conditions, analyst ratings, and other factors. Investors should assess their own risk tolerance and investment objectives before taking any action on the stock. Saia_Inc”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Saia. saia&utm_title=Analysts_Set_416.11_Price_Target_for_Saia_Inc”>More…
| Total Revenues | Net Income | Net Margin |
| 2.79k | 336.49 | 12.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Saia. saia&utm_title=Analysts_Set_416.11_Price_Target_for_Saia_Inc”>More…
| Operations | Investing | Financing |
| 545.22 | -424.52 | -21.26 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Saia. saia&utm_title=Analysts_Set_416.11_Price_Target_for_Saia_Inc”>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.49k | 635.86 | 69.67 |
Key Ratios Snapshot
Some of the financial key ratios for Saia are shown below. saia&utm_title=Analysts_Set_416.11_Price_Target_for_Saia_Inc”>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.9% | 41.7% | 16.0% |
| FCF Margin | ROE | ROA |
| 4.2% | 15.5% | 11.2% |
Analysis
We recently conducted an analysis of SAIA’s fundamentals using our Star Chart tool. Our analysis found SAIA to have a very high health score of 8/10 with regard to its cashflows and debt, indicating that it is in a strong financial position and capable of sustaining future operations even in times of crisis. According to our analysis, we concluded that SAIA is classified as a “rhino” company, meaning that it has achieved moderate revenue or earnings growth. For investors looking to invest in SAIA, they should be aware of its strengths and weaknesses. SAIA is strongest in asset, growth, and profitability, but comparatively weaker in dividend yield. Investors should also be aware of the risks associated with investing in SAIA, such as the potential for changes in the market and other external factors that could affect it. Saia_Inc”>More…
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
SAIA, Inc., a transportation and logistics provider, has recently received a consensus price target of $416.11 from analysts. The prediction is based on a range of investment analysis that includes assessing the company’s financials, competitive position in the industry, potential risk factors, and its growth outlook. Analysts are generally optimistic about SAIA’s future prospects. There is potential for the company to expand, and analysts believe the stock is undervalued and has upside potential.
Additionally, SAIA’s strong fundamentals and balance sheet give investors confidence that it is well positioned for future success.
