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 most optimistic analyst gave a price target of 60, implying a possible profit of 9.69 percent. The lowest price target was 31, implying a possible loss of -43.33 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.81 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 7.81 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.93 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.36 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of SAIA's earnings is estimated by analysts to be 20.26 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SAIA is 1.42.
SAIA has a 52-week high of 56.60 and a 52-week low of 24.76. The current market price is above the trailing year's low by 120.92 percent, and 3.36 percent lower than its 52-week high. SAIA has a P/E 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 market cap of SAIA is $1.32 billion. SAIA's next earnings release will be on 0000-00-00, which is days away.