SAIA Stock Summary and Trading Ideas (Saia | NASDAQ:SAIA)

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.

Saia trades on the NASDAQ stock market under the symbol SAIA.

As of December 13, 2024, SAIA stock price climbed to $528.65 with 244,183 million shares trading.

SAIA has a beta of 1.09, meaning it tends to be more sensitive to market movements. SAIA has a correlation of 0.07 to the broad based SPY ETF.

SAIA has a market cap of $14.06 billion. This is considered a Large Cap stock.

Last quarter Saia reported $842 million in Revenue and $3.46 earnings per share. This beat revenue expectation by $2 million and missed earnings estimates by -$.07.

In the last 3 years, SAIA traded as high as $628.34 and as low as $168.03.

The top ETF exchange traded funds that SAIA belongs to (by Net Assets): IJH, VTI, VB, VXF, VBK.

SAIA has outperformed the market in the last year with a return of +32.6%, while the SPY ETF gained +29.9%. In the last 3 month period, SAIA beat the market returning +22.2%, while SPY returned +7.8%. However, in the most recent 2 weeks SAIA has underperformed the stock market by returning -7.1%, while SPY returned +0.3%.

SAIA support price is $511.26 and resistance is $536.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SAIA shares will trade within this expected range on the day.