S & T Bancorp (NASDAQ:STBA) is set to announce its earnings results before the market opens on Thursday, January 25th. Analysts expect the company to announce earnings of $0.63 per share for the quarter.
S & T Bancorp (NASDAQ STBA) opened at $41.71 on Wednesday. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.07. S & T Bancorp has a fifty-two week low of $31.72 and a fifty-two week high of $43.17. The company has a market cap of $1,460.00, a P/E ratio of 17.98 and a beta of 0.86.
Several equities analysts have recently commented on STBA shares. Keefe, Bruyette & Woods restated a “hold” rating and issued a $38.00 price objective on shares of S & T Bancorp in a report on Tuesday, October 3rd. Piper Jaffray Companies restated a “hold” rating and issued a $36.50 price objective on shares of S & T Bancorp in a report on Thursday, October 19th. Boenning Scattergood restated a “hold” rating on shares of S & T Bancorp in a report on Friday, October 20th. Zacks Investment Research upgraded shares of S & T Bancorp from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a report on Tuesday, October 24th. Finally, BidaskClub lowered shares of S & T Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, December 12th. Four research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. S & T Bancorp presently has an average rating of “Hold” and an average price target of $43.50.
In other S & T Bancorp news, Director Frank W. Jones sold 850 shares of the stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $41.32, for a total transaction of $35,122.00. Following the sale, the director now directly owns 24,215 shares in the company, valued at approximately $1,000,563.80. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director James C. Miller sold 5,000 shares of the stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $39.56, for a total transaction of $197,800.00. Following the sale, the director now owns 44,176 shares in the company, valued at $1,747,602.56. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,051 shares of company stock worth $485,000. 2.71% of the stock is owned by company insiders.
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S & T Bancorp Company Profile
S&T Bancorp, Inc (S&T) is a bank holding company. The Company operates through three segments: Community Banking, Wealth Management and Insurance. The Community Banking segment offers services, which include accepting time and demand deposits, and originating commercial and consumer loans. The Wealth Management segment offers brokerage services, serves as executor and trustee under wills and deeds and as guardian and custodian of employee benefits and provides other trust services.
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