Saia (NASDAQ: SAIA)‘s stock had its “buy” rating reiterated by Dahlman Rose in a research note issued on Wednesday. They currently have a $17.00 price target on the stock.
Separately, analysts at Zacks Investment Research upgraded shares of Saia from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, January 11st.
Saia, Inc. (Saia) is an asset-based trucking company that provides a variety of transportation and supply chain solutions to a range of industries, including the retail, chemical and manufacturing industries. The Company provides regional and interregional less-than-truckload (LTL) services, selected national LTL and time-definite services across the United States through its wholly owned subsidiary, Saia Motor Freight Line, LLC (Saia Motor Freight). Saia Motor Freight provides delivery in 34 states across the South, Southwest, West, Midwest and Pacific Northwest. Saia Motor Freight primarily provides its customers with solutions for shipments between 100 and 10,000 pounds, but also provides selected guaranteed, expedited and truckload service. As of December 31, 2009, Saia Motor Freight operated a network consisting of 147 service facilities.
Saia opened at 15.04 on Wednesday. Saia has a 1-year low of $9.27 and a 1-year high of $18.36. The stock has a 50-day moving average of $13.60 and a 200-day moving average of $12.79. The company has a market cap of $237.6 million and a price-to-earnings ratio of 25.53.
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