S&T Bancorp (STBA) Expected to Announce Earnings on Thursday

S&T Bancorp (NASDAQ:STBA) will likely be posting its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect S&T Bancorp to post earnings of $0.78 per share and revenue of $96,875.75 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

S&T Bancorp Trading Down 1.4 %

Shares of S&T Bancorp stock opened at $37.04 on Thursday. The stock has a market cap of $1.42 billion, a PE ratio of 10.55 and a beta of 0.84. The firm has a fifty day moving average price of $40.27 and a 200 day moving average price of $40.54. S&T Bancorp has a 1 year low of $28.83 and a 1 year high of $45.79. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.99 and a quick ratio of 0.99.

Insiders Place Their Bets

In other news, Director Frank J. Palermo, Jr. sold 4,982 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $43.21, for a total transaction of $215,272.22. Following the sale, the director now directly owns 23,143 shares of the company’s stock, valued at $1,000,009.03. This represents a 17.71 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.38% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded S&T Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday, October 24th.

S&T Bancorp Company Profile

S&T Bancorp, Inc is a bank holding company, which engages in the provision of consumer, commercial, and small business banking services. It operates through the following segments: Commercial Real Estate, Commercial and Industrial, Commercial Construction, Business Banking, Consumer Real Estate, and Other Consumer.