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JOHNS CREEK, Ga. - Saia , Inc. (NASDAQ:SAIA), a prominent transportation provider with a market capitalization of $10.37 billion, released its less-than-truckload (LTL) shipment and tonnage data for the first two months of 2025, showing significant increases across several metrics. According to InvestingPro data, the company maintains strong financial health with a current ratio of 1.57. In January, the company experienced a 6.8% rise in LTL shipments per workday and a 13.8% surge in LTL tonnage per workday, with the weight per shipment climbing 6.5% to 1,421 pounds from 1,334 pounds the previous year. February continued the upward trend with a 4.2% increase in daily LTL shipments, a 12.2% boost in daily tonnage, and a 7.6% growth in weight per shipment to 1,411 pounds compared to February 2024.
Saia’s quarter-to-date figures also reflect this positive performance, with a 5.5% rise in LTL shipments per workday and a 13.0% increase in LTL tonnage per workday, alongside a 7.1% growth in weight per shipment. This growth aligns with the company’s broader revenue growth of 11.37% over the last twelve months, though InvestingPro analysis suggests the stock is trading above its Fair Value at current levels. These results indicate a robust start to the year for Saia, aligning with its position as a leading provider of LTL, non-asset truckload, expedited, and logistics services in the United States.
However, the company cautions that actual first-quarter and annual figures could materially differ from this preliminary data due to various risk factors outlined in its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and other filings with the Securities and Exchange Commission. This caution comes as the stock has experienced a -14.35% year-to-date return, with InvestingPro noting significant stock price volatility. Investors seeking deeper insights can access comprehensive analysis and 12 additional ProTips through InvestingPro’s detailed research reports. Saia emphasizes that the information is current as of the date of the press release and may be subject to change.
Investors are advised that forward-looking statements included in the press release are based on current management expectations and are influenced by numerous factors, risks, uncertainties, and assumptions that could cause actual outcomes to diverge materially from those described. Saia operates 213 terminals across 48 states and offers a wide range of services, detailed in the Investor Relations section of their website.
This report is based on a press release statement and presents the data without speculation on the broader industry impacts or trends. It is intended to provide investors with a factual update on Saia’s recent performance in the LTL shipment and tonnage space, with the company currently trading at a P/E ratio of 28.77 and operating with moderate debt levels.
In other recent news, Saia Inc. reported its fourth-quarter 2024 earnings, surpassing analyst expectations with an earnings per share (EPS) of $2.84 and achieving a record quarterly revenue of $789 million. Despite the positive financial results, the company’s stock experienced a pre-market decline of 0.8%, reflecting broader market concerns. Analysts from Benchmark maintained their Buy rating on Saia, highlighting the company’s strong revenue performance and increased shipments, with a price target of $560. Meanwhile, Stifel upgraded Saia’s stock to a Buy, setting a target of $524, citing the company’s potential for growth and profitability. TD Cowen raised Saia’s price target to $478 while maintaining a Hold rating, acknowledging the company’s robust tonnage growth and surpassing of earnings forecasts. BMO Capital Markets adjusted its price target for Saia to $545 from $560, maintaining a Market Perform rating, while noting the positive impact of the company’s recent investments on volume growth. Saia’s management remains optimistic about future operational improvements, with plans to open additional terminals and enhance network efficiency in the coming year.
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