Scholastic (NASDAQ:SCHL) Earns Buy Rating from Analysts at B. Riley

Key Points

• B. Riley has initiated coverage on Scholastic (NASDAQ:SCHL), assigning a "buy" rating to the stock.
• The current consensus rating for Scholastic is a Strong Buy with an average target price set at $37.00.
• Scholastic recently reported earnings of $0.87 EPS, exceeding analyst expectations, with revenue of $508.30 million for the quarter.

B. Riley assumed coverage on shares of Scholastic (NASDAQ:SCHL - Get Free Report) in a research note issued on Tuesday, MarketBeat reports. The brokerage set a "buy" rating and a $37.00 price target on the stock. B. Riley's price objective suggests a potential upside of 38.63% from the stock's current price. B. Riley also issued estimates for Scholastic's Q1 2026 earnings at ($2.47) EPS, Q2 2026 earnings at $2.03 EPS, Q3 2026 earnings at ($0.71) EPS, Q4 2026 earnings at $2.00 EPS, FY2026 earnings at $1.08 EPS and FY2027 earnings at $1.71 EPS.

Separately, Wall Street Zen upgraded Scholastic from a "hold" rating to a "buy" rating in a report on Friday, August 22nd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $37.00.

Scholastic Trading Up 2.4%

NASDAQ SCHL traded up $0.63 on Tuesday, reaching $26.69. 336,246 shares of the company were exchanged, compared to its average volume of 332,033. The business's fifty day moving average price is $23.95 and its 200 day moving average price is $20.54. The stock has a market capitalization of $668.58 million, a P/E ratio of -667.25 and a beta of 1.24. The company has a current ratio of 1.16, a quick ratio of 0.76 and a debt-to-equity ratio of 0.26. Scholastic has a fifty-two week low of $15.77 and a fifty-two week high of $34.18.

Scholastic (NASDAQ:SCHL - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.85 by $0.02. Scholastic had a positive return on equity of 1.39% and a negative net margin of 0.12%.The business had revenue of $508.30 million for the quarter, compared to analyst estimates of $494.59 million. Scholastic has set its FY 2026 guidance at EPS. Analysts forecast that Scholastic will post 0.84 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Peapod Lane Capital LLC acquired a new position in Scholastic in the first quarter valued at $505,000. GAMMA Investing LLC boosted its holdings in Scholastic by 182.4% in the first quarter. GAMMA Investing LLC now owns 1,776 shares of the company's stock valued at $34,000 after acquiring an additional 1,147 shares during the last quarter. Victory Capital Management Inc. acquired a new position in Scholastic in the first quarter valued at $414,000. Allianz Asset Management GmbH raised its position in Scholastic by 21.6% in the first quarter. Allianz Asset Management GmbH now owns 254,340 shares of the company's stock valued at $4,802,000 after purchasing an additional 45,253 shares during the period. Finally, Nuveen LLC purchased a new position in Scholastic in the first quarter valued at about $1,980,000. Institutional investors and hedge funds own 82.57% of the company's stock.

Scholastic Company Profile

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.