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.
Many analysts weighed in on price targets for SAIA. The most optimistic analyst gave a price target of 60, implying a possible profit of 9.69 percent. The most pessimistic price target was 31, which equates to a potential downside 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.
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.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of SAIA to grow at a rate of 20.26 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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 a 52-week high of 56.60 and a 52-week low of 24.76. 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 market cap of SAIA is $1.32 billion. SAIA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.