S & T Bancorp (NASDAQ:STBA) will be issuing its quarterly earnings data before the market opens on Thursday, April 18th. Analysts expect the company to announce earnings of $0.74 per share for the quarter.
S & T Bancorp (NASDAQ:STBA) last posted its quarterly earnings results on Thursday, January 31st. The financial services provider reported $0.77 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.78 by ($0.01). S & T Bancorp had a net margin of 31.07% and a return on equity of 11.52%. The company had revenue of $70.94 million for the quarter, compared to analyst estimates of $72.94 million. On average, analysts expect S & T Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
STBA stock opened at $39.89 on Tuesday. S & T Bancorp has a 12-month low of $35.16 and a 12-month high of $47.77. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market cap of $1.39 billion, a PE ratio of 13.23, a P/E/G ratio of 1.30 and a beta of 0.71.
In related news, Director James Thomas Gibson acquired 12,000 shares of the business’s stock in a transaction that occurred on Thursday, March 7th. The stock was purchased at an average cost of $38.89 per share, for a total transaction of $466,680.00. Following the transaction, the director now directly owns 201,780 shares of the company’s stock, valued at approximately $7,847,224.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 2.53% of the company’s stock.
Several brokerages recently issued reports on STBA. BidaskClub downgraded S & T Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, March 9th. Zacks Investment Research upgraded S & T Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, March 9th. Finally, Boenning Scattergood restated a “hold” rating on shares of S & T Bancorp in a research report on Thursday, January 31st. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. S & T Bancorp currently has an average rating of “Hold” and an average target price of $51.00.
S & T Bancorp Company Profile
S&T Bancorp, Inc operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company accepts time and demand deposits; and offers commercial and consumer loans, cash management services, and brokerage and trust services, as well as acts as guardian and custodian of employee benefits.
Further Reading: Buy-Side Analysts
Receive News & Ratings for S & T Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S & T Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.