Saia reports mixed LTL shipping data for Q2

Published 05/06/2025, 12:38
Saia reports mixed LTL shipping data for Q2

JOHNS CREEK, Ga. - Saia, Inc. (NASDAQ:SAIA), a prominent player in the transportation sector with a market capitalization of $7 billion, has released its less-than-truckload (LTL) shipping statistics for the initial two months of the second quarter of 2025. According to InvestingPro data, the company has maintained strong profitability with a gross margin of 25.4% over the last twelve months, despite recent market volatility. The data presents a mixed picture, with a decrease in LTL shipments per workday and an increase in LTL weight per shipment.

In April, the company experienced a 1.9% drop in LTL shipments per workday, while LTL tonnage per workday rose by 4.4%. Additionally, the average weight per LTL shipment in April climbed by 6.5% year-over-year to 1,418 pounds. However, May saw a 3.2% decline in LTL shipments per workday and a 0.4% dip in LTL tonnage per workday. Despite this, LTL weight per shipment in May increased by 3.0% compared to the same month the previous year, reaching 1,385 pounds. The company’s operational efficiency remains solid, with InvestingPro analysis showing a healthy current ratio of 1.43 and moderate debt levels.

Saia cautions that actual figures for the entire second quarter and the fiscal year may vary significantly from the preliminary data due to various risk factors such as economic conditions, market competition, and operational costs. These factors are outlined in detail in the company’s Annual Report on Form 10-K for the year ended December 31, 2024, as well as other filings with the Securities and Exchange Commission.

Investors are advised that the information provided is current as of the date of the press release and is subject to change. Saia emphasizes that it has no obligation to update this information except as legally required.

The company’s extensive service offerings include national LTL, non-asset truckload, expedited, and logistics services. Saia operates 213 terminals and is headquartered in Georgia. Based on InvestingPro’s Fair Value analysis, the stock appears fairly valued at current levels. Investors seeking deeper insights can access comprehensive analysis and 11 additional ProTips through InvestingPro’s detailed research reports, available for over 1,400 US stocks including Saia.

This news release may contain forward-looking statements, which are not guarantees of future performance but reflect management’s current expectations. Saia has outlined numerous factors, risks, uncertainties, and assumptions that could cause future results to differ materially from those projected in any forward-looking statements.

The information in this article is based on a press release statement issued by Saia, Inc.

In other recent news, Saia Inc. has been the subject of multiple analyst reports following its recent earnings and revenue challenges. Goldman Sachs upgraded Saia’s stock rating to Buy, increasing the price target to $410, citing a positive outlook despite potential risks such as new terminal openings and economic concerns. UBS maintained its Buy rating with a $305 target after a meeting with Saia’s executives, attributing first-quarter revenue shortfalls to temporary factors like adverse weather and shipment declines. Stifel reduced its price target significantly to $277 while maintaining a Buy rating, pointing to challenges in tonnage and operating ratios as Saia expands its network. Benchmark also cut its price target to $325, noting a 30% earnings miss and attributing financial struggles to weather and lower shipment volumes at legacy terminals. Similarly, Raymond James lowered its price target to $310 but maintained an Outperform rating, expressing optimism about Saia’s strategic investments and potential for market share growth. Despite these adjustments, analysts generally convey confidence in Saia’s long-term growth prospects, emphasizing the company’s strategic initiatives and industry positioning.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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