Student Transportation (STB) Receiving Positive Press Coverage, Report Finds
News articles about Student Transportation (NASDAQ:STB) (TSE:STB) have trended positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Student Transportation earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news articles about the transportation company an impact score of 45.6129938104574 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment’s rankings:
- Student Transportation, Inc. : STB-US: Dividend Analysis : August 31st, 2017 (record date) : By the numbers : August 29, 2017 (finance.yahoo.com)
- Student Transportation Inc (STB)’s Relative Upward Momentum Building – FLBC News (flbcnews.com)
- Student Transportation Inc. Completes Acquisition in Maryland – School Transportation News (stnonline.com)
- Traders Keeping Student Transportation Inc (STB.TO) on Close Watch As Shares Move – Stock Press Daily (stockpressdaily.com)
- Volume Moving the Tape For Shares of Student Transportation Inc (STB) and Minerva Neurosciences Inc (NERV) – Evergreen Caller (evergreencaller.com)
Student Transportation (STB) traded up 1.01% during mid-day trading on Thursday, hitting $6.02. 52,167 shares of the company’s stock were exchanged. Student Transportation has a 52 week low of $5.37 and a 52 week high of $6.21. The stock has a market capitalization of $569.08 million, a P/E ratio of 78.18 and a beta of 0.76. The firm has a 50 day moving average of $5.95 and a 200 day moving average of $5.85.
Student Transportation announced that its board has authorized a stock buyback program on Friday, May 19th that permits the company to buyback 9,230,000 outstanding shares. This buyback authorization permits the transportation company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.
A number of analysts have commented on STB shares. BidaskClub upgraded shares of Student Transportation from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. National Bank Financial downgraded shares of Student Transportation from an “outperform” rating to a “sector perform” rating in a research report on Friday, June 2nd. Finally, Zacks Investment Research downgraded shares of Student Transportation from a “hold” rating to a “sell” rating in a research report on Thursday, July 6th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $6.92.
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Student Transportation Company Profile
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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