In the latest session, Scholastic Corp. (NASDAQ: SCHL) closed at $36.51 down -2.30% from its previous closing price of $37.37. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 518071 shares were traded.
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Ratios:
For a deeper understanding of Scholastic Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stifel on July 16, 2018, Reiterated its Hold rating but revised its target price to $43 from $40 previously.
On December 13, 2017, Stifel reiterated its Hold rating and also lowered its target price recommendation from $38 to $41.
Stifel reiterated its Hold rating for the stock on March 28, 2017, while the target price for the stock was revised from $45 to $44.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 02 ’23 when DAVIES JOHN L sold 4,530 shares for $43.68 per share. The transaction valued at 197,870 led to the insider holds 3,930 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SCHL now has a Market Capitalization of 1.09B and an Enterprise Value of 1.06B. As of this moment, Scholastic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.38, and their Forward P/E ratio for the next fiscal year is 12.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 0.64 whereas that against EBITDA is 7.62.
Stock Price History:
Over the past 52 weeks, SCHL has reached a high of $45.98, while it has fallen to a 52-week low of $30.50. The 50-Day Moving Average of the stock is 38.52, while the 200-Day Moving Average is calculated to be 39.60.
Shares Statistics:
For the past three months, SCHL has traded an average of 255.69K shares per day and 297.93k over the past ten days. A total of 30.00M shares are outstanding, with a floating share count of 23.90M. Insiders hold about 20.02% of the company’s shares, while institutions hold 77.72% stake in the company. Shares short for SCHL as of Feb 29, 2024 were 554.58k with a Short Ratio of 2.17, compared to 482.73k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.86% and a Short% of Float of 3.96%.
Dividends & Splits
According to the company, the forward annual dividend rate for SCHL is 0.80, from 0.80 in the trailing year. Against a Trailing Annual Dividend Yield of 2.14%, it implies a Forward Annual Dividend Yield of 2.19%. The stock’s 5-year Average Dividend Yield is 1.89. The current Payout Ratio is 32.17% for SCHL, which recently paid a dividend on Mar 15, 2024 with an ex-dividend date of Jan 30, 2024. Stock splits for the company last occurred on Jan 17, 2001 when the company split stock in a 2:1 ratio.
Earnings Estimates
There are 1 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $2.55, with high estimates of $2.55 and low estimates of $2.55.
Analysts are recommending an EPS of between $2.17 and $2.17 for the fiscal current year, implying an average EPS of $2.17. EPS for the following year is $3.09, with 1 analysts recommending between $3.09 and $3.09.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $329.21M this quarter.It ranges from a high estimate of $329.21M to a low estimate of $329.21M. As of the current estimate, Scholastic Corp.’s year-ago sales were $324.9M, an estimated increase of 1.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $552.5M, an increase of 4.60% over than the figure of $1.30% in the same quarter last year. There is a high estimate of $552.5M for the next quarter, whereas the lowest estimate is $552.5M.
A total of 1 analysts have provided revenue estimates for SCHL’s current fiscal year. The highest revenue estimate was $1.67B, while the lowest revenue estimate was $1.67B, resulting in an average revenue estimate of $1.67B. In the same quarter a year ago, actual revenue was $1.7B, down -1.80% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1.74B in the next fiscal year. The high estimate is $1.74B and the low estimate is $1.74B. The average revenue growth estimate for next year is up 3.80% from the average revenue estimate for this year.
