Saia (SAIA) Receives News Sentiment Rating of 0.16

Xavier Trudeau
Juillet 11, 2017

ILLEGAL ACTIVITY NOTICE: "Saia, Inc". During the same quarter past year, the company earned $0.42 EPS. Analysts expect that Saia, Inc. will post $2.14 earnings per share for the current fiscal year. Saia (NASDAQ:SAIA) last issued its quarterly earnings data on Friday, April 28th. The transportation company reported $0.44 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.03. The business had revenue of $317 million for the quarter, compared to analyst estimates of $306.80 million. During the same period in the prior year, the firm posted $0.42 earnings per share. Saia's quarterly revenue was up 9.3% compared to the same quarter past year.

Several brokerages have weighed in on SAIA. BidaskClub raised shares of Saia from a "hold" rating to a "buy" rating in a report on Saturday, July 1st. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock now has an average rating of "Buy" and a consensus price target of $52.20.

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Shares of USA Truck (NASDAQ:USAK) opened at 8.47 on Tuesday. The company has a 50 day moving average of $47.37 and a 200-day moving average of $46.42. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 27.24 and a beta of 0.77. Saia has a 12 month low of $24.54 and a 12 month high of $53.25.

Other large investors also recently modified their holdings of the company. State Street Corp boosted its position in shares of Saia by 12.1% in the fourth quarter. State Street Corp now owns 606,748 shares of the transportation company's stock valued at $26,786,000 after buying an additional 65,626 shares during the period. O Shaughnessy Asset Management LLC bought a new stake in Saia during the fourth quarter worth about $130,000. Thrivent Financial for Lutherans now owns 550,200 shares of the transportation company's stock valued at $24,291,000 after buying an additional 154,950 shares during the last quarter. Trexquant Investment LP acquired a new stake in Saia during the fourth quarter worth approximately $216,000. FMR LLC now owns 882,082 shares of the transportation company's stock valued at $38,944,000 after buying an additional 150,116 shares during the last quarter. Ranger Investment Management L.P. now owns 516,664 shares of the transportation company's stock valued at $22,811,000 after buying an additional 9,480 shares during the last quarter. Institutional investors own 97.70% of the company's stock.

According to Zacks, "SCS Trans Inc is a leading transportation company that provides a variety of trucking transportation and supply chain solutions to a broad range of industries, including the retail, petrochemical and manufacturing industries". The Company offers a suite of global supply chain solutions, including truckload logistics (TL), customized and expedited less-than-truckload (LTL), intermodal solutions (transporting a shipment by over one mode, primarily through rail and truck), freight consolidation, inventory management, expedited services, air freight, worldwide freight forwarding, customs brokerage and transportation management solutions. The Company's subsidiary Saia Motor Freight Line, LLC (Saia LTL Freight) is a LTL carrier.

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