Saia Stock News

The shares of Saia Inc (NASDAQ: SAIA) have received a $400 price target from Susquehanna. These are the details.

Equities researchers at Susquehanna Bancshares began coverage on shares of Saia (NASDAQ:SAIA) in a note issued to investors on Thursday, Stock Target Advisor reports. The firm set a positive rating and a $400.00 price target on the transportation companys stock. Susquehanna Bancshares target price would indicate a potential upside of 21.09% from the stocks current []

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Saia (SAIA) could produce exceptional returns because of its solid growth attributes.

Saia (SAIA) could produce exceptional returns because of its solid growth attributes.

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Related Stocks: AMEH , SLQT , SGH , LPI , LGND , THS , INT , CNK , TRMK , ATGE , GME , SAIA , MSTR , SYKE , CORE , LMNX ,

Knight-Swift's (KNX) MME acquisition expands its LTL network across the United States. The transaction is expected to be accretive to the acquirer's 2022 adjusted earnings per share.

Old Dominion's (ODFL) revenue per day climbs 29.9% year over year in November due to 11.5% increase in LTL tons per day and rise in LTL revenue per hundredweight.

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, []