Scholastic Corporation (NASDAQ:SCHL) Set to Announce Earnings on Wednesday

Scholastic Corporation (NASDAQ:SCHL) will be releasing its earnings data before the market opens on Wednesday, July 19th. Analysts expect Scholastic Corporation to post earnings of $1.09 per share for the quarter.

Scholastic Corporation (NASDAQ:SCHL) opened at 43.16 on Tuesday. The firm has a 50-day moving average price of $43.33 and a 200-day moving average price of $44.69. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 32.52 and a beta of 0.75. Scholastic Corporation has a 12 month low of $35.20 and a 12 month high of $49.38.

Several equities research analysts have weighed in on the company. Zacks Investment Research raised Scholastic Corporation from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a report on Thursday, March 23rd. BidaskClub raised Scholastic Corporation from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Finally, Stifel Nicolaus lowered their price target on Scholastic Corporation from $45.00 to $44.00 and set a “hold” rating for the company in a report on Tuesday, March 28th.

COPYRIGHT VIOLATION WARNING: “Scholastic Corporation (NASDAQ:SCHL) Set to Announce Earnings on Wednesday” was originally posted by Community Financial News and is the property of of Community Financial News. If you are viewing this report on another domain, it was stolen and republished in violation of US & international copyright and trademark laws. The correct version of this report can be accessed at https://www.com-unik.info/2017/07/18/scholastic-corporation-nasdaqschl-set-to-announce-earnings-on-wednesday.html.

In other news, Director Andres A. Alonso sold 964 shares of the firm’s stock in a transaction dated Tuesday, April 25th. The stock was sold at an average price of $43.48, for a total value of $41,914.72. Following the completion of the transaction, the director now directly owns 1,089 shares in the company, valued at $47,349.72. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Richard Robinson sold 98,681 shares of the firm’s stock in a transaction dated Tuesday, April 25th. The stock was sold at an average price of $43.56, for a total value of $4,298,544.36. Following the completion of the transaction, the chief executive officer now owns 4,363,261 shares of the company’s stock, valued at $190,063,649.16. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 238,949 shares of company stock valued at $10,356,902. Company insiders own 24.16% of the company’s stock.

Scholastic Corporation Company Profile

Scholastic Corporation is a publisher and distributor of children’s books, a provider of print and digital instructional materials for pre-kindergarten (pre-K) to grade 12, and a producer of educational and entertaining children’s media. The Company operates through three segments: Children’s Book Publishing and Distribution, Education and International.

Earnings History for Scholastic Corporation (NASDAQ:SCHL)

What are top analysts saying about Scholastic Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Scholastic Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit