Will Saia (NASDAQ:SAIA) stakeholders continue to trust the experts consensus?

SAIA Stock

USD 295.75 2.08 0.71%

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Saia Inc is scheduled to announce its earnings tomorrow. As many retail investors are getting excited about industrials space, it is fair to go over Saia Inc outlook under the current economic conditions. We will analyze why it could be a much better year for Saia shareholders.

Published over three months ago

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The entity has a beta of 1.1335, which indicates a somewhat significant risk relative to the market. Let's try to break down what Saia's beta means in this case. Saia returns are very sensitive to returns on the market. As the market goes up or down, Saia is expected to follow. Even though it is essential to pay attention to Saia Inc current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Saia Inc exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Saia Inc has an expected return of -0.3%. Please be advised to validate Saia downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness to decide if Saia Inc performance from the past will be repeated at some point in the near future.

Will Saia (NASDAQ:SAIA) stakeholders continue to trust the experts consensus?

What is the right price you would pay to acquire a share of Saia? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated.

Please read more on our stock advisor page.

What is happening with Saia Inc this year

Annual and quarterly reports issued by Saia Inc are formal financial statements that are published yearly and quarterly and sent to Saia stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.

Companies such as Saia often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.

How does Saia utilize its cash?

To perform a cash flow analysis of Saia, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Saia is receiving and how much cash it distributes out in a given period. The Saia cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Saia Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 344.33 Million

Acquisition by Herbert Trucksess of 3279 shares of Saia subject to Rule 16b-3

Legal trades by Saia insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:

Saia insider trading alert for grant of common stock by Herbert Trucksess, the corporate stakeholder, on 30th of November 2022. This event was filed by Saia Inc with SEC on 2016-05-04. Statement of changes in beneficial ownership - SEC Form 4 [view details]

Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down the case for Saia

Earning per share calculations of Saia is based on official Zacks consensus of 7 analysts regarding Saia's future annual earnings. Given the historical accuracy of 90.07%, the future earnings per share of the company is estimated to be 9.13 with the lowest and highest values of 9.05 and 9.26, respectively. Please note that this consensus of annual earnings estimates for the firm is an estimate of EPS before non-recurring items and including employee stock options expenses.

Is Saia a risky opportunity?

Let's check the volatility. Saia is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Saia (NASDAQ:SAIA) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. taking in a share of a Saia stock makes you a part-owner of that company.

Saia Inc Current Consensus

Here is the current trade recommendation based on an ongoing consensus estimate among financial analysis covering Saia Inc. The Saia consensus assessment is calculated by taking the average estimates from all of the analysts covering Saia

Strong Buy

Buy

Hold

Strong Sell

Strong Buy	6	46.15
Buy	1	7.69
Hold	5	38.46
Sell	0	0.0
Strong Sell	1	7.69

Saia is expecting lower volatility in November

Information Ratio just dropped to -0.11, may suggest upcoming price decrease. Saia Inc exhibits very low volatility with skewness of 0.13 and kurtosis of -0.75. However, we advise investors to further study Saia Inc technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Saia's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Saia's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Bottom Line On Saia Inc

Whereas other entities in the trucking industry are either recovering or due for a correction, Saia may not be as strong as the others in terms of longer-term growth potentials. To sum up, as of the 30th of October 2022, we believe that at this point, Saia is undervalued with very small probability of financial unrest within the next 2 years. Our primary buy-or-sell advice on the company is Strong Hold.

Editorial Staff

Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Saia Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

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