Student Transportation Inc. business logo
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Type
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Public |
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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
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North America
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Key people
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Denis J. Gallagher, Founder & CEO |
Services | School bus contractor |
Revenue | $423 million |
Number of employees
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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.
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
In STB 3 funds of 2213 total. Show all
Fund name | Ticker shares |
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TRUST & FIDUCIARY MANAGEMENT SERVICES INC | 89919 |
Hutchin Hill Capital, LP | 52900 |
KCG Holdings, Inc. | 35456 |