Saia Inc (SAIA) Stock AnalysisSAIAStock AnalysisSaia Inc

Saia, Inc., is a transportation company. The Company provides less-than-truckload (LTL) services through a single integrated organization. It offers customers a wide range of other value-added services, including non-asset truckload, expedited and logistics services across North America. Saia Motor Freight Line, LLC (Saia LTL Freight), a subsidiary of the Company, is an LTL carrier that provides direct service to the 48 contiguous states and provides LTL services to Canada and Mexico through relationships with third-party interline carriers. Saia LTL Freight specializes in offering its customers a range of LTL services, including time-definite and expedited options. Saia LTL Freight provides its customers with solutions for shipments between 100 and 10,000 pounds. Saia LTL Freight operates a network comprised of 213 owned and leased terminals, plus three general offices and one warehouse and owns over 7,700 tractors and 26,500 trailers, including equipment acquired with finance leases. It operates in the Industrials sector (TRUCKING (NO LOCAL) industry).

Saia Inc is currently a hold. The stock is trading at $352.25, with a forward P/E of 30.96, which indicates it may be overvalued compared to its growth prospects. The RSI is at 40.29, suggesting it is nearing oversold territory, but the recent insider selling has increased by 1875.02%, indicating potential concerns about future performance. While the company reported record Q2 revenue of $956.5 million, the outlook for Q3 is soft, which could pressure the stock further.

8 analysts cover SAIA: 3 rate it Buy, 4 Hold and 1 Sell. The average price target is 350.29.