Cowen & Co. analyst Jason Seidl maintained a Hold rating on Saia (NASDAQ: SAIA) today and set a price target of $75. The company’s shares closed yesterday at $62.86.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 15.6% and a 69.5% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.
Saia has an analyst consensus of Hold, with a price target consensus of $71.33.
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Based on Saia’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $28.2 million. In comparison, last year the company had a net profit of $14.41 million.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock.
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Saia, Inc. is a transportation holding company, that provides a range of less-than-truckload, non-asset truckload, expedited and logistics services through its wholly-owned subsidiaries across the United States. The company was founded in 1924 and is headquartered in Johns Creek, GA.
