Somewhat Positive News Coverage Somewhat Unlikely to Impact Student Transportation (STB) Share Price
Media headlines about Student Transportation (NASDAQ:STB) (TSE:STB) have been trending somewhat positive on Friday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Student Transportation earned a news impact score of 0.03 on Accern’s scale. Accern also assigned news stories about the transportation company an impact score of 47.0468583125616 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Student Transportation (NASDAQ STB) traded up 0.51% on Friday, reaching $5.97. 116,571 shares of the company’s stock traded hands. The stock has a market cap of $564.95 million, a price-to-earnings ratio of 85.29 and a beta of 0.74. Student Transportation has a 52-week low of $5.39 and a 52-week high of $6.21. The firm’s 50-day moving average is $5.97 and its 200-day moving average is $5.93.
The company also recently announced a monthly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st will be paid a $0.0367 dividend. This represents a $0.44 annualized dividend and a dividend yield of 7.41%. The ex-dividend date is Monday, October 30th. Student Transportation’s dividend payout ratio is currently 628.66%.
Several research firms recently commented on STB. BMO Capital Markets cut their price objective on shares of Student Transportation from $8.25 to $7.60 and set a “market perform” rating for the company in a report on Friday, September 22nd. BidaskClub raised shares of Student Transportation from a “hold” rating to a “buy” rating in a report on Sunday, September 24th. Zacks Investment Research raised shares of Student Transportation from a “hold” rating to a “buy” rating and set a $6.75 price target for the company in a report on Wednesday, September 27th. Stifel Nicolaus reissued a “buy” rating and issued a $6.50 price target on shares of Student Transportation in a report on Friday, September 22nd. Finally, National Bank Financial raised shares of Student Transportation from a “sector perform” rating to an “outperform” rating in a report on Thursday, September 21st. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. Student Transportation presently has a consensus rating of “Buy” and a consensus price target of $6.84.
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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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