Equities analysts predict that S & T Bancorp Inc (NASDAQ:STBA) will announce earnings of $0.63 per share for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for S & T Bancorp’s earnings. S & T Bancorp reported earnings per share of $0.51 in the same quarter last year, which suggests a positive year-over-year growth rate of 23.5%. The company is expected to report its next quarterly earnings report before the market opens on Thursday, January 25th.

On average, analysts expect that S & T Bancorp will report full-year earnings of $2.37 per share for the current fiscal year, with EPS estimates ranging from $2.36 to $2.38. For the next year, analysts expect that the company will report earnings of $2.61 per share, with EPS estimates ranging from $2.44 to $2.85. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover S & T Bancorp.

S & T Bancorp (NASDAQ:STBA) last posted its quarterly earnings data on Thursday, October 19th. The financial services provider reported $0.65 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.05. S & T Bancorp had a return on equity of 9.41% and a net margin of 26.44%. The business had revenue of $71.01 million for the quarter, compared to analysts’ expectations of $73.70 million. During the same quarter in the previous year, the firm earned $0.59 earnings per share.

Several research analysts have weighed in on STBA shares. Zacks Investment Research raised S & T Bancorp from a “hold” rating to a “strong-buy” rating and set a $47.00 price objective on the stock in a research report on Saturday, December 23rd. BidaskClub cut S & T Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Boenning Scattergood reissued a “hold” rating on shares of S & T Bancorp in a research report on Friday, October 20th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $41.50 price objective on shares of S & T Bancorp in a research report on Friday, October 20th. Finally, Piper Jaffray Companies reissued a “hold” rating and issued a $36.50 price objective on shares of S & T Bancorp in a research report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $43.50.

In other news, Director David Krieger sold 1,201 shares of the company’s stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $41.78, for a total transaction of $50,177.78. Following the transaction, the director now owns 18,045 shares of the company’s stock, valued at approximately $753,920.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James C. Miller sold 5,000 shares of the company’s stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $39.56, for a total value of $197,800.00. Following the transaction, the director now directly owns 44,176 shares in the company, valued at approximately $1,747,602.56. The disclosure for this sale can be found here. Insiders have sold a total of 12,051 shares of company stock worth $485,000 in the last ninety days. Insiders own 2.71% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Russell Investments Group Ltd. raised its stake in shares of S & T Bancorp by 186.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 30,433 shares of the financial services provider’s stock valued at $1,092,000 after purchasing an additional 19,816 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of S & T Bancorp by 12.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 155,714 shares of the financial services provider’s stock valued at $5,584,000 after purchasing an additional 17,458 shares during the period. Legal & General Group Plc raised its stake in shares of S & T Bancorp by 9.1% during the 2nd quarter. Legal & General Group Plc now owns 68,365 shares of the financial services provider’s stock valued at $2,452,000 after purchasing an additional 5,676 shares during the period. BNP Paribas Arbitrage SA raised its stake in shares of S & T Bancorp by 60.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 11,932 shares of the financial services provider’s stock valued at $428,000 after purchasing an additional 4,510 shares during the period. Finally, KBC Group NV bought a new stake in shares of S & T Bancorp during the 2nd quarter valued at $161,000. 55.18% of the stock is currently owned by hedge funds and other institutional investors.

S & T Bancorp (NASDAQ:STBA) traded up $0.49 during mid-day trading on Tuesday, reaching $39.88. The company’s stock had a trading volume of 102,600 shares, compared to its average volume of 97,660. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.95 and a current ratio of 0.96. S & T Bancorp has a twelve month low of $31.72 and a twelve month high of $43.17. The stock has a market capitalization of $1,377.83, a PE ratio of 17.12 and a beta of 0.86.

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S & T Bancorp Company Profile

S&T Bancorp, Inc (S&T) is a bank holding company. The Company operates through three segments: Community Banking, Wealth Management and Insurance. The Community Banking segment offers services, which include accepting time and demand deposits, and originating commercial and consumer loans. The Wealth Management segment offers brokerage services, serves as executor and trustee under wills and deeds and as guardian and custodian of employee benefits and provides other trust services.

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