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.
SAIA was given price targets by several analysts. The most optimistic price target was 60, which equates to a potential upside of 9.69 percent. The minimum price target given was 31, implying a possible loss of -43.33 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. 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.
People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
SAIA has an estimated earnings growth rate of 20.26 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. SAIA has a PEG ratio of 1.42.
In the trailing 52-weeks, SAIA hit 56.60 at the highest peak, while it's lowest trading point was 24.76. Today's price is 120.92 percent above the 52-week low, and below the high by 3.36 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.