Saia Stock News

Saia (SAIA) has been struggling lately, but the selling pressure may be coming to an end soon.

Saia (SAIA) has been struggling lately, but the selling pressure may be coming to an end soon.

Knight-Swift Transportation (NYSE: KNX ) announced Monday further expansion into the less-than-truckload market. The carrier acquired RAC MME Holdings, parent of LTL carrier Midwest Motor Express and truckload carrier Midnite Express , for $150 million in cash. Bismarck, North Dakota -based Midwest Motor Express was founded in 1918 and operates 33 terminals (800 doors) throughout the Upper Midwest and Northwest. Through carrier partners like Pitt Ohio , Saia (NASDAQ: SAIA ), and Southeastern Freight Lines , it provides next-day and second-day service throughout the U.S. The company also provides a full lineup of international logistics services through its non-vessel operating common carrier Midwest Motor Expre s s Global Lines . West Fargo, North Dakota-based Midnite Express provides full truckload service with a fleet of company and owner-operator trucks. It also provides contract logistics and warehousing services. Collectively, the group is known as MME, which has approximately 460 tractors, 930 trailers, and 800 employees.

Brokerages expect that Saia, Inc. (NASDAQ:SAIA) will post earnings of $2.55 per share for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Saias earnings, with the highest EPS estimate coming in at $2.86 and the lowest estimate coming in at $2.45. Saia reported earnings of $1.51 per share during []

Equities analysts forecast that Saia, Inc. (NASDAQ:SAIA) will announce $589.61 million in sales for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Saias earnings. The lowest sales estimate is $581.30 million and the highest is $602.23 million. Saia reported sales of $476.48 million in the same quarter last year, []

Shares of Saia, Inc. (NASDAQ:SAIA) have been given an average recommendation of Buy by the sixteen ratings firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, nine have issued a buy recommendation and one has given a []

A couple of less-than-truckload carriers reported Thursday a hot start to the fourth quarter has continued through November. In a filing with the Securities and Exchange Commission, ArcBest (NASDAQ: A

JOHNS CREEK, Ga., Dec. 02, 2021 (GLOBE NEWSWIRE) -- Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering multi-regional less-than-truckload (LTL), non-asset truckload, expedited and

JOHNS CREEK, Ga., Dec. 02, 2021 (GLOBE NEWSWIRE) -- Saia, Inc. (NASDAQ: SAIA), a leading transportation provider offering multi-regional less-than-truckload (LTL), non-asset truckload, expedited and logistics services, is providing LTL shipment and tonnage data for the first two months of the fourth quarter. In October 2021, final LTL shipments per workday increased 1.3%, LTL tonnage per workday increased 9.7% and LTL weight per shipment increased 8.3% to 1,425 pounds compared to 1,316 pounds in October 2020. In November 2021, LTL shipments per workday increased 3.7%, LTL tonnage per workday increased 9.3% and LTL weight per shipment increased 5.4% to 1,413 pounds compared to 1,341 pounds in November 2020.

After losing some value lately, a hammer chart pattern has been formed for Saia (SAIA), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions,

After losing some value lately, a hammer chart pattern has been formed for Saia (SAIA), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions,

The shares of Saia Inc (NASDAQ: SAIA) have received a price target of $363 from Deutsche Bank. These are the details.

Does Saia (SAIA) have what it takes to be a top stock pick for momentum investors? Let's find out.

During the last session, Saia Inc. (NASDAQ:SAIA)s traded shares were 0.33 million, with the beta value of the company hitting 1.35. At the end of the trading day, the stocks price was $344.37, reflecting an intraday loss of -0.16% or -$0.56. The 52-week high for the SAIA share is $365.50, that puts it down -6.14 After A -5.51% Drop In The Last Week, Does Saia Inc. (NASDAQ: SAIA) Still Make Sense To Buy? Read More »