- Saia’s 1Q earnings per share (EPS) missed estimates, reporting an EPS of $3.38 versus $2.85 year-on-year(y/y), though estimates were at $3.45.
- The revenue generated was $754.8 million, representing a 14% increase y/y, below estimates of $773.2 million.
- The operating ratio stood at 84.4% compared to 85% y/y, just slightly higher than the estimate of 84.1%.
- Less-than-truckload (LTL) shipments amounted to 2.11 million, reflecting a 16% increase y/y, a tad below the estimates of 2.12 million.
- The daily LTL shipments increased by 15.7%, and LTL tons per day grew by 6.2%.
- Saia President and CEO, Fritz Holzgrefe, noted that winter weather affected operations in the early parts of the quarter, as is typical for Q1 every year.
- Executive Vice President and CFO Douglas Col mentioned that the company’s substantial performance in recent years has positioned it for investments in response to major industry consolidation events.
- The latest advice on Saia stock indicates 11 buys, 5 holds, and 2 sells.
A look at Saia Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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 the Smartkarma Smart Scores, Saia Inc shows promising long-term potential. With a strong Growth score of 4, the company is positioned for expansion and development in the coming years. Additionally, Saia Inc demonstrates resilience with a score of 4, indicating its ability to withstand market volatility and economic challenges. The highest score of 5 in Momentum suggests a positive trend in the company’s stock performance and market position.
Despite a lower Dividend score of 1, Saia Inc‘s overall outlook appears favorable for investors seeking growth opportunities in the transportation sector. As a provider of trucking transportation services to various industries across the United States, Saia Inc‘s strategic focus on regional and national less-than-truckload services aligns with the current market demands and trends.
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.
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