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STB $7.5

STB target price
7.50
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Student Transportation Inc.
Type
Public
Traded as NASDAQ: STB
TSX: STB
Industry Student transport
Founded 1997, as Student Transportation of America, Ltd.
Founder Denis J. Gallagher
Headquarters Wall Township, New Jersey, United States
Area served

North America

  • California
  • Colorado
  • Connecticut
  • Florida
  • Idaho
  • Illinois
  • Maine
  • Minnesota
  • Missouri
  • Nebraska
  • New Hampshire
  • New Jersey
  • New York
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Texas
  • Vermont
  • Washington
  • Wisconsin
  • Ontario (Canada)
Key people
Denis J. Gallagher, Founder & CEO
Services School bus contractor
Revenue $423 million
Number of employees
11,500
Website RideSTBus.com

North America

Student Transportation Inc., doing business as Student Transportation of America (STA) and Student Transportation of Canada (STC), is a New Jersey-based school bus contractor that focuses on rural and suburban areas. It is the third-largest school bus transportation services provider in North America, with over 11,500 vehicles that transport students in more than 225 school districts.

Student Transportation of America was founded in 1997 by Denis J. Gallagher, who is the chairman and CEO of the company. With roots that can be traced to New Jersey’s Coast Cities Bus Service established in 1922 by Gallagher’s grandfather, STA successfully completed an initial public offering and its income participating securities (IPS) began trading on the Toronto Stock Exchange in December 2004.

In November 2009, the company changed its name from Student Transportation of America, Ltd., to Student Transportation Inc. It continues to use the trade names Student Transportation of America and Student Transportation of Canada.

Student Transportation has grown considerably through its "A‑B‑C-D" (Acquisition, Bid, Conversion, and Direct-to-Parent) growth strategy. Among STA's customers is the Los Angeles Unified School District, which is the second largest school district in the United States.

Student Transportation, although based in New Jersey, is publicly traded on both the Toronto Stock Exchange and Nasdaq.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2015-11-12 Reiterated Rating Scotiabank Sector Perform $6.75 to $6.50
2015-09-17 Reiterated Rating Scotiabank Sector Perform
2015-08-10 Lower Price Target BMO Capital Markets Market Perform $7.00 to $5.75
2015-05-13 Lower Price Target Stifel Nicolaus Buy $6.10 to $5.95
2012-05-22 Initiated Stifel Nicolaus Buy $7.30
2015-11-12 Reiterated Rating Scotiabank Sector Perform $6.75 to $6.50
2015-09-17 Reiterated Rating Scotiabank Sector Perform
2015-08-10 Lower Price Target BMO Capital Markets Market Perform $7.00 to $5.75
2015-05-13 Lower Price Target Stifel Nicolaus Buy $6.10 to $5.95
2012-05-22 Initiated Stifel Nicolaus Buy $7.30

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In STB 3 funds of 2213 total. Show all

Fund name Ticker shares
TRUST & FIDUCIARY MANAGEMENT SERVICES INC 89919
Hutchin Hill Capital, LP 52900
KCG Holdings, Inc. 35456

Major Shareholders

Name Relationship Total Shares Holding stocks