Analyst Jason Seidl from TD Cowen reiterated a Hold rating on Saia (SAIA – Research Report) and increased the price target to $478.00 from $456.00.
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Jason Seidl has given his Hold rating due to a combination of factors that reflect both positive and cautious outlooks for Saia. The company recently reported fourth-quarter earnings that surpassed both the firm’s and the market’s expectations, driven by strong tonnage and yield performances. Despite these positive results, there are concerns over potential margin pressures in the near term. Saia’s capital expenditure plans suggest that 2025 will be another year of investment, which could affect its profit margins in the short term.
Furthermore, while pricing remains stable and the potential for industrial recovery might boost future margins, the company’s operational ratio guidance for the upcoming quarters indicates a potential decline due to challenging macroeconomic conditions and operational expansions. Although manufacturing indicators are moving into an expansionary phase, the overall demand is still under pressure from tariffs, even though Saia’s exposure is minimal. These factors combined lead to a cautious stance, justifying the Hold rating on Saia’s stock.
In another report released today, Stifel Nicolaus also maintained a Hold rating on the stock with a $524.00 price target.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SAIA in relation to earlier this year.