Stock Rating Upgrade
Of late the Value Trend Rating for Scholastic Corp (NASDAQ: SCHL) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 9/13/24, Scholastic Corp (NASDAQ: SCHL) stock increased 1.3%, closing at $31.49. However, this advance was accompanied by unusually low trading volume at 62% of normal. Relative to the market the stock has been weak over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
SCHL’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Scholastic has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Scholastic has a slightly positive Appreciation Score of 66 but a poor Power Rating of 26, leading to the Low Neutral Value Trend Rating.
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