SaiaSAIA
Market Cap: 10.5B
About: Saia ranks among the 10 largest less-than-truckload carriers in the United States, with more than 200 facilities and a fleet of more than 6,200 tractors and 20,800 trailers. As a national LTL carrier, the firm offers time-definite and expedited options for shipments ranging between 100 and 10,000 pounds. Saia ranks among the top-tier providers in terms of profitability.
Employees: 14,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
117% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 46
100% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 8 (+4) [Q1 2024]
27% more capital invested
Capital invested by funds: $12.4B [Q4 2023] → $15.8B (+$3.39B) [Q1 2024]
12% more funds holding
Funds holding: 439 [Q4 2023] → 493 (+54) [Q1 2024]
6% more call options, than puts
Call options by funds: $92.2M | Put options by funds: $86.8M
5.08% less ownership
Funds ownership: 106.95% [Q4 2023] → 101.87% (-5.08%) [Q1 2024]
21% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 187
Research analyst outlook
27 Wall Street Analysts provided 1 year price forecasts over the past 6 months
27 analyst ratings
B of A Securities Ken Hoexter | 40%upside $555 | Buy Maintained | 22 Jul 2024 |
Evercore ISI Group Jonathan Chappell | 43%upside $566 | Outperform Maintained | 25 Jun 2024 |
Raymond James Patrick Tyler Brown | 31%upside $520 | Outperform Maintained | 24 Jun 2024 |
BMO Capital Fadi Chamoun | 26%upside $500 | Market Perform Maintained | 13 Jun 2024 |
Susquehanna Bascome Majors | 39%upside $550 | Positive Maintained | 12 Jun 2024 |
Financial journalist opinion
Based on 8 articles about SAIA published over the past 30 days