NASDAQ:SCHL - Scholastic Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$43.12 -3.78 (-8.06 %)
(As of 07/19/2018 04:00 PM ET)
Previous Close$46.90
Today's Range$42.21 - $47.39
52-Week Range$33.51 - $47.76
Volume305,400 shs
Average Volume120,609 shs
Market Capitalization$1.62 billion
P/E Ratio23.56
Dividend Yield1.29%
Beta0.74
Scholastic logoScholastic Corporation, together with its subsidiaries, publishes and distributes children's books worldwide. It operates through three segments: Children's Book Publishing and Distribution, Education, and International. The Children's Book Publishing and Distribution segment engages in the publication and distribution of children's books, e-books, media, and interactive products through its school book clubs and book fairs, and trade channel. Its original publications include Harry Potter, The Hunger Games, The 39 Clues, Spirit Animals, The Magic School Bus, I Spy, Captain Underpants, Goosebumps, and Clifford The Big Red Dog; and licensed properties consist of Star Wars, Lego, Pokemon, and Geronimo Stilton. In addition, this segment publishes and creates ?books plus' products for children, including titles, such as Make Clay Charms, Sew Cute Mini Treats, Make Your Own Mini Erasers, and Lego Chain Reactions. The Education segment is involved in the publication and distribution of children's books, print and on-line references, and non-fiction and fiction focused products, classroom magazines and materials, as well as custom curriculum and teaching guides. It publishes non-fiction books under the imprints of Children's Press and Franklin Watts; and consumer magazines under the Teacher magazine name. The International segment licenses the rights to selected Scholastic titles in 47 languages to other publishing companies; and sells educational materials, digital educational resources, and children's books to schools, libraries, bookstores, and other book distributors in approximately 145 countries. The company distributes its products and services directly to schools and libraries through retail stores and the Internet. Scholastic Corporation was founded in 1920 and is headquartered in New York, New York.

Receive SCHL News and Ratings via Email

Sign-up to receive the latest news and ratings for SCHL and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Book publishing
Sub-IndustryPublishing
SectorConsumer Staples
SymbolNASDAQ:SCHL
CUSIP80706610
Phone212-343-6100

Debt

Debt-to-Equity RatioN/A
Current Ratio2.01
Quick Ratio1.30

Price-To-Earnings

Trailing P/E Ratio23.56
Forward P/E Ratio29.74
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.74 billion
Price / Sales0.86
Cash Flow$3.4087 per share
Price / Cash12.65
Book Value$37.26 per share
Price / Book1.16

Profitability

EPS (Most Recent Fiscal Year)$1.83
Net Income$52.30 million
Net Margins-1.00%
Return on Equity3.58%
Return on Assets2.52%

Miscellaneous

Employees9,000
Outstanding Shares34,730,000
Market Cap$1,616.87

Scholastic (NASDAQ:SCHL) Frequently Asked Questions

What is Scholastic's stock symbol?

Scholastic trades on the NASDAQ under the ticker symbol "SCHL."

How often does Scholastic pay dividends? What is the dividend yield for Scholastic?

Scholastic declared a quarterly dividend on Wednesday, July 18th. Shareholders of record on Friday, August 31st will be paid a dividend of $0.15 per share on Monday, September 17th. This represents a $0.60 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend is Thursday, August 30th. View Scholastic's Dividend History.

How will Scholastic's stock buyback program work?

Scholastic declared that its board has approved a stock buyback plan on Thursday, March 22nd 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

How were Scholastic's earnings last quarter?

Scholastic Corp (NASDAQ:SCHL) issued its quarterly earnings results on Thursday, July, 19th. The company reported $1.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.37 by $0.08. The business had revenue of $496.20 million for the quarter, compared to the consensus estimate of $527.20 million. Scholastic had a negative net margin of 1.00% and a positive return on equity of 3.58%. The company's quarterly revenue was down .7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.31 earnings per share. View Scholastic's Earnings History.

When is Scholastic's next earnings date?

Scholastic is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for Scholastic.

What guidance has Scholastic issued on next quarter's earnings?

Scholastic updated its FY19 earnings guidance on Thursday, July, 19th. The company provided earnings per share (EPS) guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus estimate of $1.77. The company issued revenue guidance of $1.65-1.7 billion, compared to the consensus revenue estimate of $1.73 billion.

What price target have analysts set for SCHL?

2 brokerages have issued 12-month price targets for Scholastic's stock. Their predictions range from $43.00 to $43.00. On average, they expect Scholastic's stock price to reach $43.00 in the next twelve months. This suggests that the stock has a possible downside of 0.3%. View Analyst Ratings for Scholastic.

What is the consensus analysts' recommendation for Scholastic?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scholastic in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Scholastic's key competitors?

Who are Scholastic's key executives?

Scholastic's management team includes the folowing people:
  • Mr. Richard Robinson, Chairman, Pres & CEO (Age 81)
  • Mr. Andrew Stearns Hedden, Exec. VP, Gen. Counsel & Sec. (Age 77)
  • Ms. Judith A. Newman, Exec. VP and Pres of Book Clubs & E-Commerce (Age 60)
  • Mr. Alan J. Boyko, Pres of Scholastic Book Fairs Inc (Age 64)
  • Mr. Kenneth J. Cleary, Chief Financial Officer (Age 53)

Has Scholastic been receiving favorable news coverage?

News headlines about SCHL stock have been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Scholastic earned a news sentiment score of 0.05 on Accern's scale. They also assigned news headlines about the company an impact score of 45.92 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Scholastic's major shareholders?

Scholastic's stock is owned by many different of institutional and retail investors. Top institutional investors include Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Scholastic stock include Alan J Boyko, Andres A Alonso, Andrews S Hedden, John L Davies, Judith Newman, Maureen Oconnell and Richard Robinson. View Institutional Ownership Trends for Scholastic.

Which major investors are selling Scholastic stock?

SCHL stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. Company insiders that have sold Scholastic company stock in the last year include Alan J Boyko, Andrews S Hedden, John L Davies, Judith Newman and Richard Robinson. View Insider Buying and Selling for Scholastic.

How do I buy shares of Scholastic?

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

What is Scholastic's stock price today?

One share of SCHL stock can currently be purchased for approximately $43.12.

How big of a company is Scholastic?

Scholastic has a market capitalization of $1.62 billion and generates $1.74 billion in revenue each year. The company earns $52.30 million in net income (profit) each year or $1.83 on an earnings per share basis. Scholastic employs 9,000 workers across the globe.

How can I contact Scholastic?

Scholastic's mailing address is 557 BROADWAY, NEW YORK NY, 10012. The company can be reached via phone at 212-343-6100 or via email at [email protected]


MarketBeat Community Rating for Scholastic (NASDAQ SCHL)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  142 (Vote Outperform)
Underperform Votes:  165 (Vote Underperform)
Total Votes:  307
MarketBeat's community ratings are surveys of what our community members think about Scholastic and other stocks. Vote "Outperform" if you believe SCHL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SCHL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/19/2018 by MarketBeat.com Staff

Featured Article: Analyst Ratings

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.