National Bank Financial Analysts Reduce Earnings Estimates for Student Transportation Inc. (STB)
Student Transportation Inc. (TSE:STB) – Stock analysts at National Bank Financial reduced their FY2017 EPS estimates for Student Transportation in a research report issued on Wednesday. National Bank Financial analyst G. Colman now anticipates that the firm will post earnings of $0.15 per share for the year, down from their prior estimate of $0.28. National Bank Financial also issued estimates for Student Transportation’s Q4 2017 earnings at $0.11 EPS.
A number of other equities research analysts also recently weighed in on STB. BMO Capital Markets reissued a “market perform” rating and set a C$7.75 target price on shares of Student Transportation in a report on Friday. Scotiabank lifted their target price on Student Transportation from C$6.75 to C$7.25 and gave the stock a “sector perform” rating in a report on Friday.
Shares of Student Transportation (TSE:STB) traded down 0.63% on Monday, hitting $7.88. 77,593 shares of the stock traded hands. The stock has a market cap of $724.20 million and a PE ratio of 131.33. The stock has a 50 day moving average of $6.52 and a 200-day moving average of $5.54. Student Transportation has a 1-year low of $4.28 and a 1-year high of $7.98.
The business also recently declared a monthly dividend, which will be paid on Monday, October 17th. Investors of record on Monday, October 17th will be paid a $0.0367 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 5.55%. The ex-dividend date is Wednesday, September 28th.
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