Shares of Mid-cap industrials company Saia moved 3.8% this evening, and are now trading at $357.25 per share. The average analyst target price for the stock is $462.63.
Saia, Inc., together with its subsidiaries, operates as a transportation company in North America.
Based on its trailing earning per share of 12.6, Saia has a trailing 12 month Price to Earnings (P/E) ratio of 28.4 SAIA has a forward P/E ratio of 22.1 based on its earnings guidance of $None.
The company has a price to earnings growth (PEG) ratio of 2.51. A number between 0 and 1 could mean that the market is undervaluing Saia's estimated growth potential
Growing Revenues With Increasing Reinvestment in the Business
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (MM) | $1,654 | $1,787 | $1,822 | $2,289 | $2,792 | $2,740 |
| Gross Margins | 9% | 9% | 10% | 15% | 57% | 36% |
| Operating Margins | 9.0% | 9.0% | 10.0% | 15.0% | 17.0% | 16.0% |
| Net Margins | 6.0% | 6.0% | 8.0% | 11.0% | 13.0% | 12.0% |
| Net Income (MM) | $105 | $114 | $138 | $253 | $357 | $336 |
| Net Interest Expense (MM) | $5 | $7 | $5 | $3 | $3 | $3 |
| Depreciation & Amort. (MM) | $102 | $119 | $135 | $142 | $157 | $168 |
| Earnings Per Share | $3.99 | $4.3 | $5.2 | $9.48 | $13.4 | $12.59 |
| EPS Growth | n/a | 7.77% | 20.93% | 82.31% | 41.35% | -6.04% |
| Diluted Shares (MM) | 26 | 26 | 27 | 27 | 27 | 27 |
| Free Cash Flow (MM) | $33 | -$15 | $78 | $97 | $106 | $118 |
| Capital Expenditures (MM) | $224 | $288 | $231 | $286 | $367 | $438 |
| Net Current Assets (MM) | -$340 | -$511 | -$469 | -$374 | -$248 | -$12 |
| Long Term Debt (MM) | $105 | $117 | $50 | $31 | $16 | $10 |
| Net Debt / EBITDA | 0.65 | 0.6 | 0.26 | -0.03 | -0.19 | -0.24 |
Saia benefits from growing revenues and increasing reinvestment in the business, exceptional EPS growth, and a pattern of improving cash flows. The company's financial statements show low leverage and decent operating margins with a positive growth rate. Furthermore, Saia has similar gross margins to its peers.
