How to Buy Saia Stock
Saia Inc
Saia, Inc. , through its subsidiaries, operates as a transportation company in North America.
Saia stock last closed at $399.14, down 2.13% from the previous day, and has increased 43.93% in one year. It has overperformed other stocks in the Trucking industry by 0.16 percentage points. Saia stock is currently +49.54% from its 52-week low of $266.91, and -36.48% from its 52-week high of $628.34.
There are currently 26.59M shares of SAIA outstanding. The market value of SAIA is $10.61B. In the past 24 hours, 312,588 SAIA shares were traded.
How to Buy Saia Stock
Wondering how to invest in Saia stock? Here's how.
- Decide where to buy Saia stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Saia stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your method of payment and add your info.
- Evaluate Saia stock: The Saia ticker symbol is SAIA. Is Saia stock a good investment? Should you buy shares of SAIA? How do SAIA's underlying business fundamentals look? Do top analysts think Saia is a good buy? Why has SAIA's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if SAIA is a good stock to buy).
- Make your SAIA buy order: Decide if you will purchase SAIA shares at the current market price or use a limit order to buy SAIA shares at a specific price.
- Get notifications regarding your investment in SAIA: Create a watchlist to watch your new investment in Saia stock.
Step 1: Decide where to buy Saia stock
You will need a brokerage account to access the NASDAQ market and buy SAIA shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal info so you are able to invest in SAIA stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on the best stock trading app for beginners, you need to deposit funds:
Check out the tutorial below for more details transferring money into your investment account.
Step 4: Evaluate Saia stock
After you have identified the best place to buy Saia stock, it's critical to evaluate their stock prior to buying, so you truly comprehend the risk and opportunity.
Saia Numbers
Saia Overview
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SAIA's stock page.
Is SAIA stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge SAIA's true value.
Using relative valuations ratios:
- SAIA may be overvalued based on its P/E ratio of 28.8x, relative to Trucking industry P/E ratio of 28.68x
- SAIA may be overvalued based on its P/B ratio of 5.23x, relative to Trucking industry P/B ratio of 3.7x
You can access additional valuation research on SAIA's stock here.
A look at SAIA Cashflows and Balance Sheet
Passed Health Checks:
- SAIA has $12.31M in cash and short term investments. This is enough to cover its annual cash burn of $200.78M.
- SAIA has a low debt to equity ratio of 0.36.
- There are more short-term assets than short-term liabilities on the SAIA balance sheet.
- Total SAIA debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the SAIA balance sheet.
Failed Health Checks:
- SAIA profit margin has gone down from 12.7% to 12.4% in the past year.
- SAIA has cash burn of 200775000. It does not have enough cash and short-term investments to cover this.
Is it a good time to buy SAIA stock, according to analysts?
Out of 11 Wall Street analysts who give ratings on SAIA, the consensus analyst rating on Saia is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent SAIA Analyst Ratings
Patrick Brown, a top 1% analyst from Raymond James maintains SAIA with a buy rating and raises their SAIA price target from $565.00 to $604.00, on Apr 15, 2024.
Jordan Alliger, a top 11% analyst from Goldman Sachs maintains SAIA with a hold rating and raises their SAIA price target from $504.00 to $567.00, on Apr 11, 2024.
Christopher Kuhn, a top 16% analyst from Benchmark maintains SAIA with a strong buy rating and raises their SAIA price target from $575.00 to $625.00, on Mar 21, 2024.
Benchmark's Christopher Kuhn raised their price target on Saia (NASDAQ: SAIA) by 8.7% from $575 to $625 on 2024/03/21. The analyst maintained their Strong Buy rating on the stock.
On 2024/03/04, Saia reported LTL (Less-Than-Truckload)shipment and tonnage data for the first two months of Q1 2024.
The data were up slightly from Benchmark's estimates, Kuhn said, "and increased investments will lead to future growth and provide service benefits."
The analyst continued by noting that Saia retained most of the Yellow volume it acquired in Q3 2023, "so shipment and tonnage growth once again outpaced peers."
They continue to recommend Saia and XPO, Inc. over Old Dominion "given opportunities for continued yield and operating ratio improvement," Kuhn told readers.
Brandon Oglenski, a top 22% analyst from Barclays maintains SAIA with a strong buy rating and raises their SAIA price target from $560.00 to $640.00, on Mar 11, 2024.
Bascome Majors, a top 36% analyst from Susquehanna maintains SAIA with a strong buy rating and raises their SAIA price target from $500.00 to $625.00, on Feb 8, 2024.
You can dive deeper into what analysts are projecting on the Saia stock forecast page.
Metrics for Advanced SAIA Traders
SAIA Growth Numbers
Last year, SAIA earnings were $369.46M. During the past 5 year, SAIA's earnings have gone up by 27.46% per year. This was faster than the Trucking industry average of 9.02%.
Last year, SAIA revenue was $2.98B. In the last 5 year, SAIA's revenue has gone up by 12.22% per year. This was faster than the Trucking industry average of 5.19%.
Learn more about SAIA's earnings and revenue performance here.
Latest Insiders Trades at SAIA
Over the past 12 months, insiders at SAIA have sold more shares than they have bought.
John P. Gainor Jr., Director of SAIA, was the latest SAIA insider to buy. They bought $203,500.00 worth of SAIA stock on May 2, 2024.
Get more info about who owns SAIA shares here.
Can I get consistent income from SAIA stock?
No, Saia doesn't provide an income stream by paying out dividends.
What others are saying about SAIA
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your SAIA buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Hit the Open Trade button and eToro will place your order.
If you need additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in SAIA
Now that you own some SAIA shares, you'll want to stay up-to-date on your investment.
Make a watchlist to get notified of important updates regarding your SAIA stock.
SAIA Feed
How to Buy Stock in Saia
To reiterate, here are the 6 steps to buy stock in Saia:
- Decide where to buy Saia stock
- Create a brokerage account
- Fund your brokerage account
- Evaluate Saia stock
- Make your SAIA buy order
- Get notifications regarding your investment in SAIA
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your investment in Saia, create your watchlist below.
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