What is Sidoti's Estimate for Scholastic Q2 Earnings?

Key Points

• Sidoti raised its Q2 2027 EPS estimate for Scholastic to $3.29, up from $3.26, and forecasts $4.00 EPS for Q2 2028. The current full-year consensus estimate is $1.60 per share.
• Scholastic’s latest quarterly results showed $2.19 EPS, beating consensus by $0.03, though revenue of $476.1 million fell short of the $517.1 million analyst expectation.
• Analyst sentiment remains cautious, with Scholastic carrying a consensus “Reduce” rating and a $42 average price target; shares recently opened at $36.30, while insiders have sold roughly $11.7 million of stock over the past 90 days.

Scholastic Corporation (NASDAQ:SCHL - Free Report) - Sidoti raised their Q2 2027 earnings per share (EPS) estimates for Scholastic in a research report issued to clients and investors on Tuesday, September 8th. Sidoti analyst B. Mccarthy now expects that the company will post earnings per share of $3.29 for the quarter, up from their previous estimate of $3.26. The consensus estimate for Scholastic's current full-year earnings is $1.60 per share. Sidoti also issued estimates for Scholastic's Q2 2028 earnings at $4.00 EPS.

Scholastic (NASDAQ:SCHL - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported $2.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.16 by $0.03. Scholastic had a return on equity of 5.29% and a net margin of 3.58%.The firm had revenue of $476.10 million during the quarter, compared to analysts' expectations of $517.06 million. During the same quarter last year, the firm earned $0.59 earnings per share.

A number of other research firms also recently commented on SCHL. Weiss Ratings downgraded Scholastic from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, July 28th. Zacks Research cut shares of Scholastic from a "hold" rating to a "strong sell" rating in a research note on Monday, July 27th. Finally, B. Riley Financial boosted their target price on shares of Scholastic from $40.00 to $42.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 8th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Scholastic currently has a consensus rating of "Reduce" and an average price target of $42.00.

Scholastic Stock Up 1.8%

Shares of Scholastic stock opened at $36.30 on Wednesday. The firm has a market cap of $684.62 million, a price-to-earnings ratio of 15.51, a P/E/G ratio of 1.71 and a beta of 1.01. The stock has a 50-day simple moving average of $42.36 and a 200-day simple moving average of $40.35. Scholastic has a 52-week low of $22.68 and a 52-week high of $48.07. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.23 and a quick ratio of 0.78.

Institutional Trading of Scholastic

Large investors have recently modified their holdings of the company. Meeder Asset Management Inc. acquired a new position in Scholastic during the 2nd quarter worth $43,000. Tower Research Capital LLC TRC boosted its holdings in Scholastic by 458.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,159 shares of the company's stock valued at $66,000 after acquiring an additional 2,593 shares during the period. State of Wyoming acquired a new stake in shares of Scholastic in the second quarter valued at about $115,000. BNP Paribas Financial Markets grew its position in shares of Scholastic by 127.4% in the third quarter. BNP Paribas Financial Markets now owns 5,197 shares of the company's stock valued at $142,000 after purchasing an additional 2,912 shares during the last quarter. Finally, Bank of Montreal Can bought a new position in shares of Scholastic in the fourth quarter worth about $211,000. 82.57% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Kaya Henderson sold 3,250 shares of Scholastic stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $40.25, for a total value of $130,812.50. Following the transaction, the director owned 7,113 shares of the company's stock, valued at $286,298.25. This trade represents a 31.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Andres A. Alonso sold 2,112 shares of Scholastic stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $40.28, for a total transaction of $85,071.36. Following the completion of the transaction, the director directly owned 21,189 shares in the company, valued at approximately $853,492.92. This represents a 9.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 294,986 shares of company stock valued at $11,731,334 over the last 90 days. 12.77% of the stock is currently owned by company insiders.

Scholastic Company Profile

Scholastic Corporation NASDAQ: SCHL is a global company dedicated to children's publishing, education technology and distribution services. The company's core business encompasses three primary segments: Children's Book Publishing and Distribution, Education Technology, and International operations. Through its publishing arm, Scholastic produces and distributes a wide range of children's books, novels, nonfiction titles and classroom magazines under well-known imprints such as Scholastic Press, Graphix and Chicken House.

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