Latest Stocks: Student Transportation Inc. Expected to Post FY2017 Earnings of $0.09 Per Share (STB)

Latest Stocks: Student Transportation Inc. Expected to Post FY2017 Earnings of $0.09 Per Share (STB)

STB has been the subject of a number of other reports. Scotiabank raised their target price on Student Transportation from C$7.75 to C$8.25 and gave the company a “sector perform” rating in a research note on Friday, May 12th. BMO Capital Markets reiterated a “market perform” rating and issued a C$8.25 price objective on shares of Student Transportation in a research report on Friday, May 12th.

Student Transportation Inc. (TSE:STB) (NASDAQ:STB) – Equities researchers at National Bank Financial cut their FY2017 EPS estimates for Student Transportation in a research report issued on Thursday. National Bank Financial analyst G. Colman now anticipates that the company will post earnings per share of $0.09 for the year, down from their previous forecast of $0.10. National Bank Financial has a “Sector Perform Market Weight” rating on the stock. National Bank Financial also issued estimates for Student Transportation’s FY2018 earnings at $0.09 EPS.

Student Transportation (STB) opened at 7.88 on Monday. The company has a market cap of $744.91 million and a price-to-earnings ratio of 102.34. The stock’s 50 day moving average is $8.03 and its 200 day moving average is $7.66. Student Transportation has a 52-week low of $6.31 and a 52-week high of $8.25. The business also recently announced a monthly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Thursday, June 15th will be issued a dividend of $0.0367 per share. This represents a $0.44 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date of this dividend is Monday, May 29th.

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