Student Transportation (NASDAQ:STB) (TSE:STB) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, February 13th. Analysts expect the company to announce earnings of $0.06 per share for the quarter.
Student Transportation (NASDAQ:STB) (TSE:STB) last posted its earnings results on Thursday, November 9th. The transportation company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.04. Student Transportation had a return on equity of 8.30% and a net margin of 1.59%. The firm had revenue of $107.43 million for the quarter, compared to analyst estimates of $106.57 million. During the same quarter in the prior year, the company earned ($0.13) EPS. Student Transportation’s revenue was up 5.1% on a year-over-year basis. On average, analysts expect Student Transportation to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Student Transportation (NASDAQ STB) opened at $5.73 on Tuesday. Student Transportation has a 52 week low of $5.42 and a 52 week high of $6.28. The company has a quick ratio of 1.83, a current ratio of 1.91 and a debt-to-equity ratio of 3.46. The stock has a market capitalization of $546.52, a P/E ratio of 47.75 and a beta of 0.64.
The business also recently announced a monthly dividend, which will be paid on Monday, April 16th. Investors of record on Friday, March 30th will be paid a $0.0367 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 7.68%. The ex-dividend date is Wednesday, March 28th. Student Transportation’s payout ratio is currently 366.67%.
A hedge fund recently raised its stake in Student Transportation stock. Vanguard Group Inc. grew its holdings in shares of Student Transportation Inc (NASDAQ:STB) (TSE:STB) by 20.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 27,885 shares of the transportation company’s stock after purchasing an additional 4,669 shares during the quarter. Vanguard Group Inc.’s holdings in Student Transportation were worth $186,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 25.82% of the company’s stock.
STB has been the topic of a number of recent research reports. Zacks Investment Research raised Student Transportation from a “hold” rating to a “buy” rating and set a $6.50 target price on the stock in a research note on Friday, December 1st. BidaskClub raised Student Transportation from a “hold” rating to a “buy” rating in a research note on Friday, January 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $7.12.
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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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