Allegiance Bancshares, Inc. (ABTX) Is At $41.95 Formed Wedge; Shorts at Saia (SAIA) Raised By 27.94%

May 16, 2018 - By Martha Paddon

Saia, Inc. (NASDAQ:SAIA) Logo

Saia Inc (NASDAQ:SAIA) had an increase of 27.94% in short interest. SAIA’s SI was 807,200 shares in May as released by FINRA. Its up 27.94% from 630,900 shares previously. With 226,700 avg volume, 4 days are for Saia Inc (NASDAQ:SAIA)’s short sellers to cover SAIA’s short positions. The SI to Saia Inc’s float is 3.22%. The stock decreased 2.67% or $2.05 during the last trading session, reaching $74.85. About 310,138 shares traded or 36.42% up from the average. Saia, Inc. (NASDAQ:SAIA) has risen 73.07% since May 16, 2017 and is uptrending. It has outperformed by 61.52% the S&P500.

Allegiance Bancshares, Inc. (ABTX) formed wedge up with $44.89 target or 7.00% above today’s $41.95 share price. Allegiance Bancshares, Inc. (ABTX) has $558.17 million valuation. The stock increased 0.36% or $0.15 during the last trading session, reaching $41.95. About 21,535 shares traded. Allegiance Bancshares, Inc. (NASDAQ:ABTX) has risen 12.29% since May 16, 2017 and is uptrending. It has outperformed by 0.74% the S&P500.

Among 2 analysts covering Allegiance Bancshares (NASDAQ:ABTX), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Allegiance Bancshares has $39 highest and $22 lowest target. $30.50’s average target is -27.29% below currents $41.95 stock price. Allegiance Bancshares had 6 analyst reports since November 2, 2015 according to SRatingsIntel. As per Tuesday, December 13, the company rating was upgraded by Robert W. Baird. Sandler O’Neill initiated the stock with “Hold” rating in Monday, November 2 report. The firm has “Neutral” rating by Robert W. Baird given on Wednesday, September 21. The stock of Allegiance Bancshares, Inc. (NASDAQ:ABTX) earned “Market Perform” rating by Keefe Bruyette & Woods on Wednesday, November 4. The firm has “Outperform” rating by Robert W. Baird given on Monday, November 2.

Analysts await Allegiance Bancshares, Inc. (NASDAQ:ABTX) to report earnings on July, 24. They expect $0.62 EPS, up 55.00% or $0.22 from last year’s $0.4 per share. ABTX’s profit will be $8.25 million for 16.92 P/E if the $0.62 EPS becomes a reality. After $0.57 actual EPS reported by Allegiance Bancshares, Inc. for the previous quarter, Wall Street now forecasts 8.77% EPS growth.

More notable recent Saia, Inc. (NASDAQ:SAIA) news were published by: Nasdaq.com which released: “Saia LTL Freight Joins CargoNet Program” on April 17, 2018, also Globenewswire.com with their article: “Saia Opens Second Seattle-area Terminal” published on May 01, 2018, Benzinga.com published: “Stifel Upgrades Saia After Sell-Off, Says Freight Carrier Benefits From Better Volumes, Higher Pricing” on May 01, 2018. More interesting news about Saia, Inc. (NASDAQ:SAIA) were released by: Nasdaq.com and their article: “Saia Reports First Quarter Earnings per Share of $0.80” published on April 27, 2018 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Analyst Calls From May 1, 2018” with publication date: May 01, 2018.

Saia, Inc., through its wholly-owned subsidiaries, operates as a transportation firm in the United States. The company has market cap of $1.90 billion. It provides regional and interregional less-than-truckload services; truckload services; and other value-added services, including non-asset truckload, expedited, and logistics services. It has a 21.45 P/E ratio. The firm offers solutions for shipments between 100 and 10,000 pounds.

Among 8 analysts covering Saia (NASDAQ:SAIA), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. Saia had 37 analyst reports since July 30, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained it with “Buy” rating and $75.0 target in Monday, December 4 report. Cowen & Co maintained the shares of SAIA in report on Thursday, July 30 with “Market Perform” rating. The stock of Saia, Inc. (NASDAQ:SAIA) earned “Hold” rating by Stifel Nicolaus on Wednesday, September 6. On Thursday, April 28 the stock rating was maintained by Cowen & Co with “Market Perform”. The firm has “Hold” rating by Cowen & Co given on Thursday, September 7. The firm has “Market Perform” rating by Cowen & Co given on Thursday, October 29. The stock has “Underweight” rating by Morgan Stanley on Tuesday, February 23. The firm earned “Hold” rating on Friday, April 20 by Stifel Nicolaus. The rating was maintained by Stephens on Thursday, April 12 with “Hold”. The stock of Saia, Inc. (NASDAQ:SAIA) earned “Hold” rating by TheStreet on Friday, October 16.

Saia, Inc. (NASDAQ:SAIA) Institutional Positions Chart

Free Email Newsletter

Enter your email address below to get the latest news and analysts’ ratings for your stocks with our free daily email newsletter: