- Saia reported a second quarter EPS of $2.67, compared to $3.83 in the same quarter last year, but exceeded the estimate of $2.40.
- The company’s revenue was $817.1 million, which represents a 0.7% decrease year-over-year, but surpassed the estimated $808.8 million.
- Saia’s operating ratio for the quarter was 87.8%, up from 83.3% last year, which is better than the estimated 89%.
- There were 2.26 million less-than-truckload (LTL) shipments, a decline of 2.8% year-over-year, slightly below the estimate of 2.27 million.
- The company received 10 buy recommendations, 11 hold recommendations, and 0 sell recommendations from analysts.
A look at Saia Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Saia Inc shows a mixed long-term outlook. With a Value score of 3 and Growth score of 3, the company is positioned moderately in terms of valuation and future growth potential. Its Resilience score of 3 suggests it has a solid capacity to weather challenges. However, the low Dividend score of 1 indicates a limited focus on dividend payouts to investors. Momentum stands at 2, reflecting a moderate trend in price movement. Overall, Saia Inc‘s future prospects appear steady with room for improvement in certain areas.
Saia, Inc. prides itself on providing trucking transportation services primarily to the retail, petrochemical, and manufacturing sectors. The company specializes in regional, interregional, and national less-than-truckload services, along with selected truckload services throughout the United States. With a blend of value, growth potential, resilience, and a modest momentum, Saia Inc remains poised to navigate the landscape of the transportation industry while aiming for sustainable development in the coming years.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
