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 $527.83, down 3.38% from the previous day, and has increased 83.99% in one year. It has overperformed other stocks in the Trucking industry by 0.48 percentage points. Saia stock is currently +115.71% from its 52-week low of $244.69, and -16% from its 52-week high of $628.34.
As of Apr 24, 2024, there are 26.59M shares of SAIA outstanding. The market cap of SAIA is $14.03B. In the past 24 hours, 772,165 SAIA shares were traded.
How to Buy Saia Stock
Not sure how to invest in Saia stock? Here's how.
- Decide where to buy Saia stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Saia stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your payment method and add your information.
- 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 evaluate 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 purchase SAIA shares at a given price.
- Get notifications regarding your investment in SAIA: Create a watchlist to keep track of your investment in Saia stock.
Step 1: Decide where to buy Saia stock
You need an online brokerage account to access the NASDAQ market and buy SAIA stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal info so you are able to invest in SAIA stock today.
How to Start 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.
- Input your personal info to open your new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on a good online stock trading app, you need to deposit funds:
Check out the tutorial below if you need help transferring funds into your investment account.
Step 4: Evaluate Saia stock
After you have chosen the best place to buy Saia stock, it's important to evaluate their stock prior to buying, so you actually wrap your head around the risk as well as the upside.
Overview of key SAIA info
Saia Due Diligence Checks
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on SAIA's stock page.
Is SAIA stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge SAIA's fair value.
Using relative valuations measures:
- SAIA could be undervalued based on its P/E ratio of 39.63x, relative to Trucking industry P/E ratio of 50.01x
- SAIA may be overvalued based on its P/B ratio of 7.23x, relative to Trucking industry P/B ratio of 3.99x
You can do additional valuation analysis on SAIA's stock here.
How do SAIA Financials look?
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the SAIA balance sheet.
- SAIA earnings of $468.76M is not enough to cover its interest payments.
- SAIA's operating cash flow of $577.95M allows it to safely service it's debt of $138.71M.
- There are more short-term assets than short-term liabilities on the SAIA balance sheet.
- SAIA has a low debt to equity ratio of 0.33.
- Total SAIA debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- SAIA profit margin has gone down from 12.8% to 12.3% in the past year.
Do analysts think it's a good time to buy SAIA stock
Out of 11 Wall Street analysts who track SAIA, the consensus analyst rating on Saia is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent SAIA Analyst Upgrades/Downgrades
Ken Hoexter, a top 13% analyst from Bank of America maintains SAIA with a strong buy rating and raises their SAIA price target from $600.00 to $645.00, on Mar 5, 2024.
Bank of America's Ken Hoexter raised their price target on Saia (NASDAQ: SAIA) by 7.5% from $600 to $645 on 2024/03/05. The analyst maintained their Strong Buy rating on the stock.
The company's 2024/01 and 2024/02 to-date volumes beat Bank of America's estimates, the analyst acknowledged after reviewing Saia's Q1 less-than-truckload operating data, released on 2024/03/04.
That being the case, Hoexter said they raised their FY 2024 EPS multiple forecast higher to account for Saia's pricing acceleration, which is expected to "offset near-term costs and grow network capacity."
Bascome Majors, a top 25% 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.
J. Bruce Chan, a bottom 8% analyst from Stifel Nicolaus downgrades SAIA to a hold rating and raises their SAIA price target from $484.00 to $526.00, on Feb 6, 2024.
Thomas Wadewitz, a top 9% analyst from UBS maintains SAIA with a strong buy rating and raises their SAIA price target from $475.00 to $618.00, on Feb 5, 2024.
Fadi Chamoun, a top 4% analyst from BMO Capital maintains SAIA with a hold rating and raises their SAIA price target from $450.00 to $515.00, on Feb 5, 2024.
You can dig deeper into what analysts are saying on the Saia stock forecast page.
SAIA Technicals
SAIA Revenue
Last year, SAIA earnings were $354.86M. Over the last 5 year, SAIA's earnings have gone up by 26.7% per year. This was faster than the Trucking industry average of 8.37%.
Last year, SAIA revenue was $2.88B. Over the past five year, SAIA's revenue has grown by 11.74% per year. This was faster than the Trucking industry average of 4.94%.
Dive into SAIA's earnings and revenue performance here.
What are SAIA insiders up to?
Over the last 12 months, insiders at SAIA have sold more shares than they have bought.
Patrick D. Sugar, EVP Operations of SAIA, was the latest SAIA insider to sell. They sold $59,656.57 worth of SAIA stock on Mar 11, 2024.
Learn more about who owns SAIA shares here.
Can I rely on SAIA as an income stream?
No, Saia doesn't provide an income stream by paying out dividends.
What do other investors have to say about SAIA?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your SAIA buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Click the Open button and your broker will place the order.
If you need more info about investing in stocks on eToro, click 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 new shares.
Start a watchlist to monitor your SAIA stock.
SAIA Feed
How to Buy Stock in Saia
To summarize, here are the 6 steps you need to take to buy Saia stock right now:
- 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 place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your new investment in Saia, create a watchlist today.
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