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Added to YB: 2024-04-19

Pitch date: 2024-04-17

SAIA [bullish]

Saia, Inc.

-36.74%

current return

Author Info

No bio for this author

Company Info

Saia, Inc., together with its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds.

Market Cap

$7.1B

Pitch Price

$545.46

Price Target

N/A

Dividend

N/A

EV/EBITDA

10.77

P/E

25.32

EV/Sales

2.30

Sector

Ground Transportation

Category

growth

Show full summary:
ClearBridge Select Strategy New Position: Saia, Inc.

SAIA: New buy in industrials. Benefits from reshoring trend post-COVID due to supply chain issues & geopolitical tensions. Less-than-truckload shipper poised to gain from prolonged freight recession & Yellow Corp bankruptcy. Retail distribution localization a potential long-term tailwind.

Read full article (1 min)