National Bank Financial Weighs in on Student Transportation Inc.’s FY2018 Earnings (STB)
Student Transportation Inc. (TSE:STB) (NASDAQ:STB) – Equities research analysts at National Bank Financial decreased their FY2018 earnings estimates for shares of Student Transportation in a research note issued on Tuesday. National Bank Financial analyst G. Colman now forecasts that the company will post earnings of $0.09 per share for the year, down from their previous estimate of $0.13.
Student Transportation (TSE:STB) opened at C$7.28 on Friday. Student Transportation has a 52-week low of C$6.98 and a 52-week high of C$8.25. The firm has a market cap of $690.74, a P/E ratio of 60.67 and a beta of 0.24.
The firm also recently declared a monthly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 15th will be given a $0.0367 dividend. The ex-dividend date is Tuesday, February 27th. This represents a $0.44 annualized dividend and a yield of 6.05%. Student Transportation’s payout ratio is presently 336.14%.
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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