Scholastic Corp (NASDAQ: SCHL) has reported a loss for its first fiscal quarter (ending August 31) of $-2.21 versus a loss $-2.35 for the same period a year ago. For the latest four quarters through August 31, E.P.S. were $0.65 versus $1.58 for the same period a year ago.
Recent Price Action
Scholastic Corp (NASDAQ: SCHL) stock increased 1.7% on 9/26/24. The shares closed at $30.18. Moreover, trading volume in this advance was above average at 149% of normal. The stock has been weak relative to the market over the last nine months and has declined -4.5% 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). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Scholastic has a slightly positive Appreciation Score of 67 but a poor Power Rating of 25, resulting in 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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