Analyst Ratings for Saia Inc. (SAIA)Updated: 2017-07-28
Analysts covering Saia Inc. (NASDAQ:SAIA) have given it a consensus rating of Overweight. SAIA had previously received a consensus rating of Overweight a month ago.
8 analysts issued ratings on the stock, where 3 gave SAIA a buy rating, 1 issued an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for SAIA. The highest price target was 60, implying a possible profit of 9.69 percent. The minimum price target given was 31, implying a possible loss of -43.33 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.81 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 7.81 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.93 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.36 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of SAIA to grow at a rate of 20.26 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SAIA is 1.42.
SAIA has traded between a high of 56.60 and a low of 24.76 over the past year. Currently the stock is 120.92 percent higher than its low, and 3.36 percent lower than its 52-week high. SAIA has a price/earnings ratio of 28.79. Investors typically compare the P/E ratio to a company's peers in the industry. The SAIA value stock report compares SAIA to some of its peers using value stock charts. The stock has a market capitalization of $1.32 billion. SAIA will post this quarters earnings in days, on 0000-00-00.