For its third fiscal quarter (ending February 28), Scholastic Corp (NASDAQ: SCHL) has reported E.P.S. of $-0.91 compared to $-0.57 a year ago. For the latest four quarters through February 28, E.P.S. were $1.53 versus $1.82 for the same period a year ago.
Recent Price Action
Scholastic Corp (NASDAQ: SCHL) stock rose modestly by 1.0% on 3/21/24. The stock closed at $37.89. NORMAL trading volume accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 1.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SCHL is expected to continue to be a modest Value Builder.
Scholastic has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Scholastic has a slightly positive Appreciation Score of 66 and a neutral Power Rating of 45, producing the 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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