Sidoti Comments on Scholastic’s Q2 Earnings (NASDAQ:SCHL)

Scholastic Corporation (NASDAQ:SCHL) – Stock analysts at Sidoti boosted their Q2 2027 EPS estimates for shares of Scholastic in a note issued to investors on Friday, September 25th. Sidoti analyst B. Mccarthy now expects that the company will earn $3.43 per share for the quarter, up from their prior forecast of $3.29. The consensus estimate for Scholastic’s current full-year earnings is $1.50 per share. Sidoti also issued estimates for Scholastic’s Q4 2027 earnings at $2.40 EPS and Q2 2028 earnings at $4.07 EPS.

Several other research analysts have also weighed in on SCHL. Zacks Research raised Scholastic from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 22nd. B. Riley Financial cut their price objective on Scholastic from $42.00 to $35.00 and set a “neutral” rating for the company in a report on Monday. Finally, Weiss Ratings raised shares of Scholastic from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, September 11th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $35.00.

Scholastic Stock Performance

SCHL opened at $33.58 on Monday. The business’s 50-day simple moving average is $39.16 and its 200 day simple moving average is $40.42. Scholastic has a 52-week low of $26.38 and a 52-week high of $48.07. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.78 and a current ratio of 1.23. The firm has a market capitalization of $633.32 million, a PE ratio of 23.99, a PEG ratio of 1.66 and a beta of 1.01.

Scholastic (NASDAQ:SCHL) last announced its quarterly earnings data on Thursday, September 24th. The company reported ($3.63) earnings per share for the quarter, missing the consensus estimate of ($3.42) by ($0.21). The company had revenue of $216.80 million during the quarter, compared to the consensus estimate of $224.69 million. Scholastic had a net margin of 3.60% and a return on equity of 4.71%.

Scholastic Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Friday, October 30th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, October 30th. Scholastic’s dividend payout ratio (DPR) is 71.43%.

Insider Activity at Scholastic

In related news, EVP Iole Lucchese sold 289,624 shares of Scholastic stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $39.76, for a total transaction of $11,515,450.24. Following the completion of the transaction, the executive vice president owned 289,623 shares in the company, valued at approximately $11,515,410.48. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kaya Henderson sold 3,250 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $40.25, for a total value of $130,812.50. Following the transaction, the director directly owned 7,113 shares in the company, valued at approximately $286,298.25. This trade represents a 31.36% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 294,986 shares of company stock worth $11,731,334. Insiders own 12.77% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Scholastic in the 2nd quarter valued at $120,724,000. Brandes Investment Partners LP boosted its position in Scholastic by 6.6% during the fourth quarter. Brandes Investment Partners LP now owns 279,686 shares of the company’s stock worth $8,287,000 after purchasing an additional 17,407 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Scholastic by 4.2% in the first quarter. Bank of New York Mellon Corp now owns 266,082 shares of the company’s stock valued at $10,393,000 after purchasing an additional 10,636 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Scholastic in the second quarter valued at $11,662,000. Finally, Thompson Siegel & Walmsley LLC bought a new position in shares of Scholastic in the fourth quarter valued at about $7,070,000. 82.57% of the stock is owned by institutional investors and hedge funds.

Scholastic Company Profile

Scholastic Corporation is a global children’s publishing, education and media company. Founded in 1920 by M. R. Robinson, the company develops and distributes books, classroom materials, digital learning resources and educational media for children, families, teachers and schools.

Its publishing portfolio includes original and licensed children’s books, series and educational titles, while its education business provides classroom magazines, supplemental curriculum materials, professional learning resources and digital platforms.