Alert: Negative Investment/Fundamental Signals (10/17/24)-Scholastic Corp (NASDAQ: SCHL)

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Scholastic Corp (NASDAQ: SCHL) has recently experienced significant negative changes in fundamentals: the consensus estimate for May, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for May, 2025 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted Scholastic Corp (NASDAQ: SCHL): negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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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 D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Scholastic has a good Appreciation Score of 72 but a very low Power Rating of 14, leading to the Negative Value Trend Rating.

Recent Price Action

On 10/17/24, Scholastic Corp (NASDAQ: SCHL) stock declined modestly by -1.2%, closing at $26.50. NORMAL trading volume accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -4.5% during the last week.

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