Saia (SAIA) Hits New Lifetime High

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Saia ( SAIA) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Saia as such a stock due to the following factors:

  • SAIA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $9.2 million.
  • SAIA has traded 3,755 shares today.
  • SAIA is trading at a new lifetime high.

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More details on SAIA:

Saia, Inc., through its subsidiaries, operates as a transportation company in the United States. It provides regional and interregional less-than-truckload, truckload, guaranteed, expedited, and logistics services. SAIA has a PE ratio of 20.0. Currently there are 4 analysts that rate Saia a buy, no analysts rate it a sell, and 3 rate it a hold.

The average volume for Saia has been 245,400 shares per day over the past 30 days. Saia has a market cap of $843.6 million and is part of the services sector and transportation industry. Shares are up 8% year-to-date as of the close of trading on Monday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Saia as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

Highlights from the ratings report include:
  • SAIA's revenue growth has slightly outpaced the industry average of 4.8%. Since the same quarter one year prior, revenues slightly increased by 5.8%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • Powered by its strong earnings growth of 45.45% and other important driving factors, this stock has surged by 69.33% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, SAIA should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • SAIA INC has improved earnings per share by 45.5% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, SAIA INC increased its bottom line by earning $1.74 versus $1.30 in the prior year. This year, the market expects an improvement in earnings ($2.15 versus $1.74).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Road & Rail industry. The net income increased by 49.2% when compared to the same quarter one year prior, rising from $5.41 million to $8.06 million.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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