SaiaSAIA
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 Q2 SEC filings by fund managers ($100M+ AUM)
11% more repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 165
6.09% more ownership
Funds ownership: 102.66% [Q1] → 108.74% (+6.09%) [Q2]
8% less funds holding
Funds holding: 498 [Q1] → 458 (-40) [Q2]
14% less capital invested
Capital invested by funds: $16B [Q1] → $13.7B (-$2.26B) [Q2]
40% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 100
42% less call options, than puts
Call options by funds: $107M | Put options by funds: $187M
75% less funds holding in top 10
Funds holding in top 10: 8 [Q1] → 2 (-6) [Q2]
Research analyst outlook
18 Wall Street Analysts provided 1 year price targets over the past 3 months
18 analyst ratings
Jefferies Stephanie Moore 33% 1-year accuracy 4 / 12 met price target | 13%upside $500 | Buy Maintained | 10 Oct 2024 |
Wolfe Research Scott Group 56% 1-year accuracy 5 / 9 met price target | 16%upside $511 | Outperform Upgraded | 9 Oct 2024 |
Goldman Sachs Jordan Alliger 30% 1-year accuracy 3 / 10 met price target | 11%upside $490 | Neutral Maintained | 9 Oct 2024 |
Citigroup Ariel Rosa 18% 1-year accuracy 2 / 11 met price target | 18%upside $518 | Buy Initiated | 9 Oct 2024 |
Evercore ISI Group Jonathan Chappell 42% 1-year accuracy 11 / 26 met price target | 11%upside $488 | Outperform Maintained | 3 Oct 2024 |
Financial journalist opinion
Based on 3 articles about SAIA published over the past 30 days