Saia stock: buy or sell?

SAIA stock price: $81.89 -2.42% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

0

After climbing for 4 days, Thursday Saia eased a tragic -2.42%, closing at $81.89.

Saia, Inc., through its wholly-owned subsidiaries, operates as a transportation company in North America. The company provides regional and interregional less-than-truckload services for shipments between 100 and 10,000 pounds; truckload services; and other value-added services, including non-asset truckload, expedited, and logistics services.

Should I buy Saia stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Only 1 of our buy setups matches with Saia stock now:

Buy setupElegible
New all-time highNo
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Saia stock a buy?

Banks and financial institutions post stock ratings everyday. At Stocks2.com, we gathered 7 ratings published for SAIA stock in the last month.

The general sentiment of these ratings is bullish for SAIA stock, with 5 positive ratings.
Is SAIA a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-1Stifel Nicolausn/aHold
2019-8-1StephensEqual WeightOverweight
2019-8-1KeyCorpn/aOverweight
2019-8-1Buckingham Researchn/aBuy
2019-7-2Mizuhon/aHold
2019-2-5SunTrust Banksn/aBuy
2019-1-3KeyCorpOverweightOverweight

Saia stock analysis

Daily outlook

After climbing for 4 days, Thursday Saia eased a tragic -2.42%, closing at $81.89.

After climbing for 4 sessions, Thursday Saia eased a tragic -2.42%, closing at $81.89. Since price and SMA200d lines crossed up on Jul/11, SAIA climbed $19.58 (31.42%). Since SMA100d and SMA200d crossed up on June, SAIA price climbed $19.69 per share (31.66%). SAIA shows a short term strength with several rising tops and rising bottoms. In the very short term, it marked a new bottom at $77.73 on Aug 15th. Now, it's testing previous top price range ($81.82) but it need to confirm a possible new breakout.

SAIA stock chart (daily)

Weekly outlook

Saia shares inched 0.74% this week, ending at $81.89. Late July SAIA boosted a super good 11.15% in just one week. This week was the fifth green week in a row.

Since price and SMA40w lines crossed up late June, SAIA climbed $20.51 (33.41%). Since late May when SMA20w and SMA40w crossed up, SAIA price gained $17.87 per share (27.91%).

SAIA stock chart (weekly)

Saia stock price history

Saia stock went public on September 12th, 2002 with a price of $9.671. Since then, SAIA stock surged a 746.80%, with a yearly average of 46.70%. If you had invested right after SAIA's IPO a $1,000 in Saia stock in 2002, it would worth $7,468.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Saia stock historical price chart

SAIA stock reached 52-week highs yesterday at $84.30, and all-time highs 2018-06-12 with a price of 87.05.

Saia stock price target is $81.70

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We detected 7 price targets for Saia stock released in the last month:
SAIA stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-1Stifel NicolausRaises Target$66.00$77.0016.7%
2019-8-1StephensUpgrades$75.00$96.0028%
2019-8-1KeyCorpRaises Target$75.00$85.0013.3%
2019-8-1Buckingham ResearchRaises Target$76.00$87.0014.5%
2019-7-2MizuhoReiteratesn/a$75.00-
2019-2-5SunTrust BanksRaises Targetn/a$77.00-
2019-1-3KeyCorpLowers Target$80.00$75.00-6.3%
(in average)$74.40$81.7010.0%
Moving in a range from $96.00 and $75.00, the price prediction for SAIA stock is $81.70. In average, analysts' outlook on SAIA price forecast is positive, upgrading the prediction by a 10.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on April, Saia boosted an exceptional 16.34%. As soon as we get its actual EPS from the earnings report, we will extend this review.
SAIA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.68n/a
2017-Q32017-10-270.550.550.0%
2017-Q42018-02-020.530.530.0%
2018-Q12018-04-270.720.776.9%
2018-Q22018-08-011.111.153.6%
2018-Q32018-10-311.041.072.9%
2018-Q42019-02-040.890.979.0%
2019-Q12019-04-250.91n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Saia annual sales climbed an extraordinary 17.74% to $1,653.85 million USD from $1,404.70 marked in 2017. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) stayed constant a -0.14% to 6.35%.

To have an updated view of the financial situation of Saia, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Saia TTM sales up to March 2019 were $1,671.63 and income was $106.12 M dollars. When comparing this TTM figures with the last reported annuality, we can esteem Saia business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, grew a slightly good 1.07%. Likewise, profit margin (net income/revenues) stayed constant at 6.35%.

SAIA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,140 M-$44 M3.8%-
2014$1,272 M11.61%$52 M4.1%19.16%
2015$1,221 M-4.01%$55 M4.5%5.82%
2016$1,218 M-0.23%$48 M3.9%-12.71%
2017$1,405 M15.28%$91 M6.5%89.76%
2018$1,654 M17.74%$105 M6.3%15.20%
TTM $1,672 M1.07%$106 M6.3%1.08%

Quarterly financial results

Saia reported $410.58 M in sales for 2019-Q1, a 0.94% improvement compared to previous quarter. Reported quarter income marked $22.26 M with a profit margin of 5.42%. Profit margin remained steady a -0.82% compared to previous quarter when profit margin was 6.24%. When comparing revenues to same quarter last year, Saia sales marked a fine increase and stepped up a 4.53%.
SAIA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$358 M-$18 M4.9%-
2017-Q3$350 M-2.26%$14 M4.1%-18.14%
2017-Q4$334 M-4.59%$48 M14.3%231.90%
2018-Q1$393 M17.60%$21 M5.4%-55.82%
2018-Q2$429 M9.15%$30 M7.1%43.34%
2018-Q3$426 M-0.74%$28 M6.6%-6.89%
2018-Q4$407 M-4.42%$25 M6.2%-9.98%
2019-Q1$411 M0.94%$22 M5.4%-12.30%

Saia ownership

When you are planning to invest in shares of a stock, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Saia, 0.91% of all outstanding shares are owned by its staff.

Bearish positions for SAIA stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Saia:

SAIAARCBFWRDODFLULH
Market cap$2.1 B$742.6 M$1.8 B$13.3 B$580.3 M
Total shares25.9 M25.5 M29.4 M81.0 M28.8 M
Float shares25.5 M24.8 M26.2 M71.2 M8.5 M
  - Institutional holdings (%)105.2%97.1%98.1%74.2%28.1%
  - Insider holdings (%)0.9%1.5%1.3%12.3%71.0%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Saia summary

Thursday, August 22nd, 2019
Open$84.18
Close$81.89
Day range$81.86 - $84.30
Previous close$83.92
Session gain-2.42%
Average true range$2.30
50d mov avg$69.34
100d mov avg$66.95
200d mov avg$63.82
Daily patternlb03b
Weekly pattern

Saia performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Saia to ArcBest, Forward Air, Old Dominion Freight Line, Universal Logistics and YRC Worldwide:
Stock3m6m12m
SAIASaia27.91%18.82%6.28%
ARCBArcBest10.47%-21.15%-37.79%
FWRDForward Air5.24%-8.25%-3.63%
ODFLOld Dominion Frei...19.16%8.79%12.96%
ULHUniversal Logisti...0.90%-8.96%-43.58%
YRCWYRC Worldwide-50.74%-71.83%-75.88%

Saia competitors

One check before investing in any stock is to have a look a list of its competitors, in this case for Saia. We picked 5 companies as Saia competitors as they are in the same industry or have similar market objectives.