saia inc (SAIA:NASDAQ GS)
saia inc (SAIA) Key Developments
Saia, Inc. announced that at its AGM held on April 25, 2013, the shareholders approved director nominees: John J. Holland, Richard D. O’Dell and Douglas W. Rockel to serve as class II directors to hold office until the 2016 annual meeting of stockholders and until their successors are elected.
Saia, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, operating revenue was $273,795,000, operating income was $14,532,000, income before income taxes was $13,070,000 and net income was $9,155,000 or $0.55 per diluted share against operating revenue was $268,690,000, operating income was $11,048,000, income before income taxes was $9,179,000 and net income was $5,535,000 or $0.34 per diluted share for the same period a year ago. Net cash provided by operating activities was $7,018,000 against $24,049,000. Acquisition of property and equipment was $6,725,000 against $40,595,000 a year ago. Total debt was $58.8 million at March 31, 2013 resulting in net debt to total capital of 18.1%. This compares to total debt of $86.5 million and net debt to total capital of 27.7% at March 31, 2012. Net capital expenditures for the first three months of 2013 were $6 million. This compares to $39 million of net capital expenditures in the same period in 2012. The company is planning net capital expenditures in 2013 of approximately $90 million.
Saia, Inc., Q1 2013 Earnings Call, Apr 26, 2013
Saia, Inc. announced that they will report Q1, 2013 results at 9:00 AM, Eastern Standard Time on Apr 26, 2013
Saia, Inc., Annual General Meeting, Apr 25, 2013., at 10:30 Eastern Daylight. Location: Renaissance Concourse Atlanta Airport Hotel. Agenda: To elect three directors, each for a term of three years; to approve the first amended and restated 2011 Omnibus Incentive Plan; to vote on an advisory basis to approve the compensation of Saia's Named Executive Officers; to ratify the appointment of KPMG LLP as Saia's independent registered public accounting firm for fiscal year 2013; and to transact any other business that may properly come before the meeting and any postponement or adjournment of the meeting.
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Industry Analysis
SAIA
Industry Average
| Valuation | SAIA | Industry Range |
| Price/Earnings | 22.4x |
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| Price/Sales | 0.7x |
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| Price/Book | 2.9x |
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| Price/Cash Flow | 9.3x |
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| TEV/Sales | 0.7x |
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