Sidoti Has Positive Estimate for Scholastic Q1 Earnings

Scholastic Corporation (NASDAQ:SCHL) – Sidoti boosted their Q1 2027 EPS estimates for shares of Scholastic in a note issued to investors on Friday, July 24th. Sidoti analyst B. Mccarthy now expects that the company will post earnings of ($3.11) per share for the quarter, up from their prior forecast of ($3.12). The consensus estimate for Scholastic’s current full-year earnings is $2.61 per share. Sidoti also issued estimates for Scholastic’s Q3 2027 earnings at ($0.83) EPS, Q4 2027 earnings at $2.27 EPS, FY2027 earnings at $1.44 EPS, Q1 2028 earnings at ($3.31) EPS, Q3 2028 earnings at ($0.71) EPS and Q4 2028 earnings at $2.89 EPS.

Scholastic (NASDAQ:SCHL) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $2.19 EPS for the quarter, beating the consensus estimate of $2.16 by $0.03. The company had revenue of $476.10 million for the quarter, compared to the consensus estimate of $517.06 million. Scholastic had a net margin of 3.58% and a return on equity of 5.08%. During the same period in the prior year, the firm posted $0.59 EPS.

A number of other equities research analysts have also recently commented on SCHL. Weiss Ratings reiterated a “hold (c+)” rating on shares of Scholastic in a report on Thursday, June 18th. Zacks Research lowered shares of Scholastic from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 19th. Wall Street Zen cut Scholastic from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, B. Riley Financial upped their price target on Scholastic from $40.00 to $42.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $42.00.

Scholastic Stock Performance

Shares of Scholastic stock opened at $40.76 on Tuesday. The company has a 50-day simple moving average of $43.79 and a two-hundred day simple moving average of $39.04. The stock has a market capitalization of $886.12 million, a PE ratio of 17.42, a price-to-earnings-growth ratio of 1.38 and a beta of 0.99. Scholastic has a 52-week low of $22.68 and a 52-week high of $48.07.

Institutional Trading of Scholastic

Several large investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Scholastic by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,851 shares of the company’s stock valued at $262,000 after acquiring an additional 630 shares during the last quarter. Quantinno Capital Management LP grew its stake in shares of Scholastic by 3.2% during the 1st quarter. Quantinno Capital Management LP now owns 23,186 shares of the company’s stock valued at $906,000 after purchasing an additional 729 shares during the period. GAMMA Investing LLC grew its stake in shares of Scholastic by 29.5% during the 4th quarter. GAMMA Investing LLC now owns 3,289 shares of the company’s stock valued at $97,000 after purchasing an additional 749 shares during the period. Deutsche Bank AG increased its position in shares of Scholastic by 4.1% during the 4th quarter. Deutsche Bank AG now owns 20,829 shares of the company’s stock valued at $617,000 after purchasing an additional 824 shares during the last quarter. Finally, SG Americas Securities LLC increased its position in shares of Scholastic by 8.3% during the 4th quarter. SG Americas Securities LLC now owns 15,690 shares of the company’s stock valued at $465,000 after purchasing an additional 1,201 shares during the last quarter. Institutional investors own 82.57% of the company’s stock.

Scholastic Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, August 31st. This is a positive change from Scholastic’s previous quarterly dividend of $0.20. Scholastic’s payout ratio is currently 34.19%.

Scholastic News Roundup

Here are the key news stories impacting Scholastic this week:

• Positive Sentiment: Scholastic’s book-fair business showed momentum, while cost controls provided support. These trends may help limit downside if the company can convert improved activity into stronger margins. SCHL Q2 Deep Dive: Guidance Cut Despite Book Fair Momentum and Cost Controls
• Positive Sentiment: Sidoti made small improvements to its EPS forecasts for the first quarters of fiscal 2027 and 2028, forecasting losses of $3.11 and $3.31 per share, respectively, compared with prior estimates of $3.12 and $3.48. The revisions suggest slightly better expectations for those periods, although both remain loss-making. Sidoti Weighs in on Scholastic’s Q2 Earnings

Scholastic Company Profile

Scholastic Corporation (NASDAQ: SCHL) is a global company dedicated to children’s publishing, education technology and distribution services. The company’s core business encompasses three primary segments: Children’s Book Publishing and Distribution, Education Technology, and International operations. Through its publishing arm, Scholastic produces and distributes a wide range of children’s books, novels, nonfiction titles and classroom magazines under well-known imprints such as Scholastic Press, Graphix and Chicken House.