Goldman Sachs analyst Jordan Alliger maintains $Saia (SAIA.US)$ with a hold rating, and adjusts the target price from $545 to $490.
According to TipRanks data, the analyst has a success rate of 53.4% and a total average return of 7.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Saia (SAIA.US)$'s main analysts recently are as follows:
The expectations for Saia's third-quarter earnings per share have been adjusted downwards for the less-than-truckload shipping sector. This recalibration for the 2025/2026 EPS forecasts stems from a lower starting point, which is mainly the result of uniformly tepid mid-third-quarter operational updates from the sector. Despite this, Saia's volume intake trends remain robust, supported by the ongoing expansion of new terminal openings throughout its network.
The initiation of coverage on numerous transportation and logistics companies reflects a broadly optimistic outlook. This perspective is underpinned by the assessment that the industry may be nearing the tail-end of its cyclical downturn, with the anticipation of robust earnings growth in the years ahead as rates and margins improve. The favorable view is also buttressed by the belief that these companies are helmed by highly competent management teams known for their judicious use of capital. Additionally, the essential and irreplaceable nature of the services provided by transportation companies to the North American economy is seen as a factor that mitigates the risk of disruption or obsolescence. Investors are advised to position themselves to take advantage of the anticipated cyclical upswing, focusing on companies that stand to gain disproportionately from tightening freight conditions.
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