Saia (NASDAQ:SAIA) Stock Price Target Lowered at TD Cowen

Saia (NASDAQ:SAIA) had its price target trimmed by TD Cowen from $400.00 to $393.00 in a research report released on Friday,Benzinga reports. The brokerage currently has a hold rating on the transportation company’s stock.

Several other equities research analysts have also recently commented on SAIA. Stephens cut their price target on Saia from $520.00 to $490.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Saia in a research report on Monday, August 3rd. Barclays lowered their price objective on Saia from $500.00 to $475.00 and set an “overweight” rating on the stock in a research note on Friday, July 31st. Morgan Stanley lowered their price objective on Saia from $295.00 to $285.00 and set an “underweight” rating on the stock in a research note on Friday, July 31st. Finally, Bank of America restated a “buy” rating on shares of Saia in a report on Friday, September 4th. Fourteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Saia has a consensus rating of “Moderate Buy” and an average target price of $436.16.

Saia Stock Up 0.4%

SAIA stock opened at $344.61 on Friday. The company has a market cap of $9.19 billion, a price-to-earnings ratio of 32.66, a PEG ratio of 2.76 and a beta of 2.19. The company has a current ratio of 1.83, a quick ratio of 1.58 and a debt-to-equity ratio of 0.04. Saia has a 12 month low of $249.32 and a 12 month high of $494.71. The firm has a 50-day moving average of $342.03 and a two-hundred day moving average of $387.51.

Saia (NASDAQ:SAIA) last released its earnings results on Thursday, October 29th. The transportation company reported $3.41 earnings per share for the quarter, topping analysts’ consensus estimates of $3.30 by $0.11. The business had revenue of $982.45 million for the quarter, compared to analyst estimates of $966.98 million. Saia had a net margin of 8.01% and a return on equity of 10.53%. The business’s revenue was up 17.0% on a year-over-year basis. During the same period last year, the company posted $2.81 EPS. As a group, analysts forecast that Saia will post 11.47 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Saia

Several institutional investors and hedge funds have recently bought and sold shares of SAIA. Danske Bank A S purchased a new stake in shares of Saia in the 2nd quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Saia during the 2nd quarter worth approximately $27,000. Meeder Asset Management Inc. raised its position in shares of Saia by 360.0% during the 2nd quarter. Meeder Asset Management Inc. now owns 69 shares of the transportation company’s stock valued at $29,000 after buying an additional 54 shares during the period. Root Financial Partners LLC purchased a new stake in shares of Saia during the 3rd quarter valued at approximately $33,000. Finally, Quantbot Technologies LP purchased a new stake in shares of Saia during the 2nd quarter valued at approximately $64,000.

Key Stories Impacting Saia

Here are the key news stories impacting Saia this week:

• Positive Sentiment: Q3 results exceeded expectations: Revenue reached a record $982.5 million, up 17% year over year, while diluted EPS of $3.41 topped consensus estimates near $3.30. LTL tonnage per workday increased 8.9%, and revenue per shipment excluding fuel surcharges rose 5.8%. Saia Reports Third Quarter 2026 Results
• Positive Sentiment: Capital returns strengthened: Saia authorized up to $250 million in common-stock repurchases. Year-to-date free cash flow exceeded $240 million, while cash increased to $202.5 million and total debt declined to $100 million, providing financial flexibility for buybacks and network investment. Saia Q3 Revenue and Repurchase Program
• Positive Sentiment: Citigroup became more bullish, raising its price target from $429 to $434 and assigning a “buy” rating. The new target implies substantial upside from the recent trading level. Citigroup Raises Saia Price Target
• Neutral Sentiment: Board expertise expanded: Saia appointed transportation and logistics veteran Todd C. Fowler to its board and Audit Committee, adding experience in capital markets, autonomous trucking and supply-chain technology. Saia Expansion Terminals and Q3 Results
• Negative Sentiment: Profitability remains a concern: The operating ratio increased to 87.6% from 85.9% a year earlier, indicating cost pressure despite revenue growth. Wells Fargo cut its target to $370 with an “equal weight” rating, while TD Cowen lowered its target to $393 and moved to “hold.” Wells Fargo Saia Rating

About Saia

Saia, Inc is a transportation and logistics company headquartered in Johns Creek, Georgia. Through its primary subsidiary, Saia LTL Freight, the company provides less-than-truckload transportation, moving palletized and other freight shipments that do not require a full trailer. Its services include standard and time-definite delivery, expedited transportation, guaranteed services, and shipment tracking.

Saia also provides non-asset-based logistics services through Saia Logistics Services, which helps customers arrange freight transportation using third-party carriers.