Alert: New Earnings Report (12/19/24)-Scholastic Corp (NASDAQ: SCHL).

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Scholastic Corp (NASDAQ: SCHL) has reported E.P.S. of $1.73 for its second fiscal quarter (ending November 30) versus $2.51 for the same period a year ago — a decline of -31%. For the latest four quarters through November 30, E.P.S. were $-0.13 compared to $1.85 a year ago — a decline of -107%.

Recent Price Action

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Scholastic Corp (NASDAQ: SCHL) stock closed at $24.84 on 12/19/24 after a modest gain of 0.8%. Moreover, trading volume in this advance was unusually high at 151% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -5.0% during the last week.

Current PriceTarget Research Rating

Scholastic has a current Value Trend Rating of C (Low Neutral). 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 77 but a very low Power Rating of 14, producing the Low Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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