Barrington Research Initiates Coverage on Student Transportation Inc to Outperform

Barrington Research Initiates Coverage on Student Transportation Inc(NASDAQ:STB). The shares have been rated Outperform. The rating by Barrington Research was issued on Jul 21, 2016.

Student Transportation Inc (STB) made into the market gainers list on Wednesdays trading session with the shares advancing 0.38% or 0.02 points. Due to strong positive momentum, the stock ended at $5.22, which is also near the day’s high of $5.28. The stock began the session at $5.21 and the volume stood at 75,247 shares. The 52-week high of the shares is $5.35 and the 52 week low is $3.02. The company has a current market capitalization of $505 M and it has 9,67,69,684 shares in outstanding.

Student Transportation Inc(STB) last announced its earnings results on May 12, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $173.24M. Analysts had an estimated revenue of $167.40M. Earnings per share were $0.04. Analysts had estimated an EPS of $0.05.

Student Transportation Inc. (STI) is North America’s provider of student transportation solutions operating nearly 13000 vehicles. STI’s family of local companies delivers transportation management logistics and technology solutions to a range of customers throughout the United States and Canada. Services are delivered by drivers dispatchers maintenance technicians terminal managers information technology professionals and others who are caring members of their local communities.

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