Equities Analysts Set Expectations for Student Transportation Inc.’s Q1 2018 Earnings (STB)
Student Transportation Inc. (TSE:STB) (NASDAQ:STB) – Equities researchers at National Bank Financial issued their Q1 2018 earnings estimates for Student Transportation in a research report issued on Wednesday. National Bank Financial analyst G. Colman expects that the company will post earnings per share of ($0.20) for the quarter. National Bank Financial currently has a “Outperform” rating and a $9.50 price objective on the stock.
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STB has been the topic of a number of other research reports. Scotiabank cut their price target on shares of Student Transportation from C$8.25 to C$8.00 and set a “sector perform” rating on the stock in a research note on Saturday. BMO Capital Markets cut their price target on shares of Student Transportation from C$8.25 to C$7.60 in a research note on Saturday.
Shares of Student Transportation (TSE:STB) opened at 7.36 on Monday. The stock has a market cap of $695.76 million and a PE ratio of 105.14. The company has a 50-day moving average of $7.37 and a 200 day moving average of $7.71. Student Transportation has a one year low of $6.98 and a one year high of $8.25.
In related news, Director Denis Joseph Gallagher purchased 20,000 shares of the business’s stock in a transaction on Wednesday, June 28th. The shares were acquired at an average price of C$6.05 per share, for a total transaction of C$121,000.00. Insiders have acquired a total of 29,950 shares of company stock worth $181,362 in the last 90 days.
The business also recently declared a monthly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 15th were paid a dividend of $0.0367 per share. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $0.44 dividend on an annualized basis and a yield of 5.98%.
About Student Transportation
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.
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