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

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$43.19 +0.07 (+0.16 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$43.19
Today's Range$43.13 - $44.13
52-Week Range$33.51 - $47.76
Volume190,974 shs
Average Volume102,724 shs
Market Capitalization$1.50 billion
P/E Ratio30.20
Dividend Yield1.39%
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.

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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 Ratio30.20
Forward P/E Ratio26.18
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.63 billion
Price / Sales0.92
Cash Flow$2.7335 per share
Price / Cash15.80
Book Value$37.26 per share
Price / Book1.16

Profitability

EPS (Most Recent Fiscal Year)$1.43
Net Income$52.30 million
Net Margins-0.31%
Return on Equity4.00%
Return on Assets2.78%

Miscellaneous

Employees9,000
Outstanding Shares34,730,000
Market Cap$1,497.73

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 announced a quarterly dividend on Wednesday, July 18th. Investors 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 dividend 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 announced that its Board of Directors has authorized a stock repurchase plan on Thursday, March 22nd 2018, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.

How were Scholastic's earnings last quarter?

Scholastic Corp (NASDAQ:SCHL) announced its earnings results on Thursday, July, 19th. The company reported $1.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.37 by $0.08. The business had revenue of $496.20 million for the quarter, compared to analyst estimates of $527.20 million. Scholastic had a positive return on equity of 4.00% and a negative net margin of 0.31%. The business's quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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, September, 20th 2018. View Earnings Estimates for Scholastic.

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

Scholastic issued an update on its FY19 earnings guidance on Thursday, July, 19th. The company provided earnings per share guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus EPS 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 1-year price objectives for Scholastic's shares. Their predictions range from $43.00 to $43.00. On average, they anticipate Scholastic's share price to reach $43.00 in the next twelve months. This suggests that the stock has a possible downside of 0.4%. 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?

Press coverage about SCHL stock has been trending positive on Saturday, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Scholastic earned a news impact score of 0.39 on Accern's scale. They also assigned headlines about the company an impact score of 49.35 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company'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 institutional 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 $43.19.

How big of a company is Scholastic?

Scholastic has a market capitalization of $1.50 billion and generates $1.63 billion in revenue each year. The company earns $52.30 million in net income (profit) each year or $1.43 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:  145 (Vote Outperform)
Underperform Votes:  169 (Vote Underperform)
Total Votes:  314
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 7/21/2018 by MarketBeat.com Staff

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