Scholastic (SCHL) Stock Price, News & Analysis

Company Overview

Scholastic Corporation publishes and distributes children's books worldwide. It operates in three segments: Children's Book Publishing and Distribution, Education Solutions, and International. The Children's Book Publishing and Distribution segment engages in publication and distribution of children's print, digital, and audio books, as well as media and interactive products through its school reading events and trade channel; and operation of school-based book clubs and book fairs in the United States. Its original publications include The Harry Potter, The Hunger Games, The Bad Guys, The Baby-Sitters Club, The Magic School Bus, Captain Underpants, Dog Man, Wings of Fire, Cat Kid Comic Club, and Clifford The Big Red Dog, as well as I Survived, Goosebumps; licensed properties comprising the Peppa Pig and Pokemon; and publishes and creates Klutz and Make Believe Ideas titles, such as Mini Shake Shop, Pokemon Stained Glass, LEGO Miniature Photography, and the Never Touch series. The Education Solutions segment publishes and distributes classroom magazines under the Scholastic News, Scholastic Scope, Storyworks, Let's Find Out, and Junior Scholastic names; supplemental and classroom materials and programs, and related support services; and print and on-line reference, and non-fiction products, as well as consulting services. The International segment publishes and distributes English, Hindi, and French language children's books; and operates school-based marketing channels, as well as supply original and licensed children's books, and supplemental educational materials including professional books for teachers. It distributes its products and services directly to schools and libraries through retail stores and the Internet. The company was founded in 1920 and is headquartered in New York, New York.

Key Stats

• Today's Range: $25.27 to $25.66
• 50-Day Range: $23.79 to $32.04
• 52-Week Range: $23.69 to $41.79
• Volume: 234,162 shs
• Average Volume: 209,629 shs
• Market Capitalization: $716.37 million
• P/E Ratio: 45.47
• Dividend Yield: 3.14%
• Price Target: N/A
• Consensus Rating: N/A

Scholastic Stock Analysis - MarketRank™

Scholastic scored higher than 84% of companies evaluated by MarketBeat, and ranked 41st out of 142 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Scholastic.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 93.62%

Earnings Growth

Earnings for Scholastic are expected to grow by 93.62% in the coming year, from $1.41 to $2.73 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Scholastic is 45.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Scholastic is 45.47, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.91.

Price to Book Value per Share Ratio

Scholastic has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.27% of the float of Scholastic has been sold short.

Short Interest Ratio / Days to Cover

Scholastic has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Scholastic has recently increased by 22.41%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Scholastic pays a meaningful dividend of 3.30%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Scholastic does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Scholastic is 142.86%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Scholastic will have a dividend payout ratio of 29.30% next year. This indicates that Scholastic will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 4.4 / 5
• Environmental Score: -0.72

Percentage of Shares Shorted

3.27% of the float of Scholastic has been sold short.

Short Interest Ratio / Days to Cover

Scholastic has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Scholastic has recently increased by 22.41%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Scholastic has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Consumer Staples companies.

MarketBeat Follows

Only 1 people have added Scholastic to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Scholastic insiders have not sold or bought any company stock.

Percentage Held by Insiders

17.59% of the stock of Scholastic is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

82.57% of the stock of Scholastic is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SCHL Stock Analysis - Frequently Asked Questions

How have SCHL shares performed this year?

Scholastic's stock was trading at $37.70 at the start of the year. Since then, SCHL stock has decreased by 32.5% and is now trading at $25.46.
View the best growth stocks for 2024 here.

How were Scholastic's earnings last quarter?

Scholastic Co. (NASDAQ:SCHL) released its quarterly earnings results on Thursday, September, 26th. The company reported ($2.13) EPS for the quarter, topping analysts' consensus estimates of ($2.48) by $0.35. The company had revenue of $237.20 million for the quarter, compared to analysts' expectations of $233.49 million. Scholastic had a trailing twelve-month return on equity of 4.32% and a net margin of 1.49%.

Does Scholastic have any subsidiaries?

Scholastic subsidiaries include these companies: Make Believe Ideas Ltd, Ooka Island Inc, Troubadour Ltd., Weekly Reader, Learners Publishing, Math Solutions, Chicken House Publishing Limited, and others.

Who are Scholastic's major shareholders?

Top institutional investors of Scholastic include State Street Corp (3.38%), Pacer Advisors Inc. (2.92%), Charles Schwab Investment Management Inc. (1.78%) and Jacobs Levy Equity Management Inc. (1.12%). Insiders that own company stock include Warwick Peter, Iole Lucchese, Sasha Quinton and John L Davies.
View institutional ownership trends.

How do I buy shares of Scholastic?

Shares of SCHL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Scholastic own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Scholastic investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), Humana (HUM) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Ex-Dividend for 9/16 Dividend: 8/30/2024
• Dividend Payable: 9/16/2024
• Last Earnings: 9/26/2024
• Ex-Dividend for 12/16 Dividend: 10/31/2024
• Today: 11/22/2024
• Next Earnings (Estimated): 12/12/2024
• Dividend Payable: 12/16/2024
• Fiscal Year End: 5/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Book publishing
• Sub-Industry: Publishing
• Current Symbol: NASDAQ:SCHL
• CUSIP: 80706610
• CIK: 866729
• Web: www.scholastic.com
• Phone: (212) 343-6100
• Fax: 302-655-5049
• Employees: 6,660
• Year Founded: 1920

Profitability

• EPS (Most Recent Fiscal Year): $0.56
• Trailing P/E Ratio: 45.47
• Forward P/E Ratio: 18.06
• P/E Growth: N/A
• Net Income: $12.10 million
• Net Margins: 1.49%
• Pretax Margin: 1.40%
• Return on Equity: 4.32%
• Return on Assets: 2.44%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 1.14
• Quick Ratio: 0.64

Sales & Book Value

• Annual Sales: $1.60 billion
• Price / Sales: 0.45
• Cash Flow: $4.77 per share
• Price / Cash Flow: 5.34
• Book Value: $36.10 per share
• Price / Book: 0.71

Miscellaneous

• Outstanding Shares: 28,137,000
• Free Float: 23,188,000
• Market Cap: $716.37 million
• Optionable: Optionable
• Beta: 1.06