Student Transportation Inc (NASDAQ:STB) (TSE:STB) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, September 14th. Analysts expect the company to announce earnings of $0.05 per share for the quarter.

Shares of Student Transportation Inc (NASDAQ STB) opened at 6.13 on Friday. The firm’s 50 day moving average is $5.92 and its 200 day moving average is $5.87. Student Transportation Inc has a 12 month low of $5.37 and a 12 month high of $6.21. The company has a market cap of $579.48 million, a PE ratio of 79.61 and a beta of 0.75.

Student Transportation declared that its board has initiated a stock repurchase plan on Friday, May 19th that permits the company to repurchase 9,230,000 outstanding shares. This repurchase authorization permits the transportation company to buy shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

STB has been the topic of several recent analyst reports. BidaskClub upgraded shares of Student Transportation from a “hold” rating to a “buy” rating in a report on Friday. National Bank Financial lowered shares of Student Transportation from an “outperform” rating to a “sector perform” rating in a report on Friday, June 2nd. Finally, Zacks Investment Research lowered shares of Student Transportation from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Student Transportation currently has an average rating of “Buy” and an average target price of $6.92.

An institutional investor recently raised its position in Student Transportation stock. Vanguard Group Inc. raised its stake in Student Transportation Inc (NASDAQ:STB) (TSE:STB) by 20.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,885 shares of the transportation company’s stock after purchasing an additional 4,669 shares during the period. Vanguard Group Inc.’s holdings in Student Transportation were worth $186,000 as of its most recent SEC filing. 25.70% of the stock is owned by hedge funds and other institutional investors.

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Student Transportation Company Profile

Student Transportation Inc is a Canada-based company engaged in providing school bus transportation services in North America. The Company provides school bus and management services to public and private schools in North America and offers services, such as contracted services, special needs transportation, charter services, direct to parent and used bus sales.

Earnings History for Student Transportation (NASDAQ:STB)

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