Somewhat Positive Media Coverage Very Likely to Affect Student Transportation (STB) Share Price
News stories about Student Transportation (NASDAQ:STB) (TSE:STB) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Student Transportation earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 81 out of 100, indicating that recent media coverage is very likely to have an impact on the company’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Needle Action Activity Spotted in Student Transportation Inc (STB) – Sheridan Daily (sheridandaily.com)
- Student Transportation Inc (STB)’s AroonUp Technicals Above 70 – Financial News Review (finnewsreview.com)
- Stock Performance Check on Shares of Student Transportation Inc (NASDAQ:STB) – Jonesboro Recorder (jonesbororecorder.com)
- Investors Are Turning Their Attention Towards Student Transportation Inc (STB.TO)’s Technicals – Sparta Review (spartareview.com)
Shares of Student Transportation (NASDAQ STB) traded up 0.49% during trading on Friday, hitting $6.19. The company had a trading volume of 214,425 shares. Student Transportation has a 12-month low of $5.16 and a 12-month high of $6.21. The stock has a 50-day moving average of $5.94 and a 200 day moving average of $5.75. The stock has a market capitalization of $585.15 million, a price-to-earnings ratio of 80.39 and a beta of 0.76.
Student Transportation (NASDAQ:STB) (TSE:STB) last posted its quarterly earnings results on Wednesday, May 10th. The transportation company reported $0.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.01. Student Transportation had a return on equity of 6.89% and a net margin of 1.34%. The business had revenue of $185.20 million for the quarter, compared to analysts’ expectations of $182.02 million. During the same period last year, the firm earned $0.04 earnings per share. The business’s quarterly revenue was up 6.9% on a year-over-year basis. On average, analysts predict that Student Transportation will post $0.08 EPS for the current fiscal year.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st will be given a dividend of $0.0367 per share. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $0.44 annualized dividend and a dividend yield of 7.11%. Student Transportation’s dividend payout ratio (DPR) is presently 488.89%.
STB has been the topic of a number of recent analyst reports. National Bank Financial downgraded shares of Student Transportation from an “outperform” rating to a “sector perform” rating in a research note on Friday, June 2nd. Zacks Investment Research downgraded shares of Student Transportation from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Student Transportation has an average rating of “Hold” and an average price target of $6.88.
About Student Transportation
Student Transportation Inc is 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 various services, such as contracted services, special needs transportation, charter services, direct to parent and used bus sales.
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