$1.75 EPS Expected for Scholastic Corp (SCHL)

November 18, 2017 - By Marguerite Chambers

 $1.75 EPS Expected for Scholastic Corp (SCHL)
Investors sentiment increased to 1.65 in Q2 2017. Its up 0.06, from 1.59 in 2017Q1. It improved, as 15 investors sold Scholastic Corp shares while 36 reduced holdings. 23 funds opened positions while 61 raised stakes. 27.61 million shares or 1.09% more from 27.32 million shares in 2017Q1 were reported.
New York State Common Retirement Fund, a New York-based fund reported 31,000 shares. Sector Pension Inv Board holds 0.01% in Scholastic Corp (NASDAQ:SCHL) or 13,908 shares. Ameriprise Fin reported 268,833 shares. Teachers Retirement Of The State Of Kentucky stated it has 7,600 shares. Louisiana State Employees Retirement Sys stated it has 11,100 shares or 0.02% of all its holdings. Sg Americas Securities Limited Liability Company invested 0% of its portfolio in Scholastic Corp (NASDAQ:SCHL). Dimensional Fund Advsr Lp stated it has 2.79 million shares. Parkside Financial Bank And Trust has invested 0.01% in Scholastic Corp (NASDAQ:SCHL). Css Llc Il reported 12,363 shares stake. Pinebridge Invests Limited Partnership stated it has 35,853 shares or 0.04% of all its holdings. 1St Glob Advsrs reported 5,386 shares or 0.03% of all its holdings. Citigroup Inc owns 24,963 shares for 0% of their portfolio. Voya Investment Mgmt Ltd Liability Co holds 0% or 12,092 shares in its portfolio. Gamco Et Al holds 0% or 8,592 shares. Natl Bank Of Ny Mellon Corporation accumulated 846,029 shares.

Since June 1, 2017, it had 0 buys, and 3 selling transactions for $3.32 million activity. NEWMAN JUDITH sold $225,220 worth of stock or 5,000 shares.

Analysts expect Scholastic Corp (NASDAQ:SCHL) to report $1.75 EPS on December, 21.They anticipate $0.24 EPS change or 12.06 % from last quarter’s $1.99 EPS. SCHL’s profit would be $61.05 million giving it 5.49 P/E if the $1.75 EPS is correct. After having $-1.67 EPS previously, Scholastic Corp’s analysts see -204.79 % EPS growth. The stock increased 0.66% or $0.25 on November 17, reaching $38.41. About 134,204 shares traded or 17.62% up from the average. Scholastic Corp (NASDAQ:SCHL) has risen 15.83% since November 18, 2016 and is uptrending. It has underperformed by 0.87% the S&P500.

Scholastic Corp (NASDAQ:SCHL) Ratings Coverage

Among 2 analysts covering Scholastic Corporation (NASDAQ:SCHL), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Scholastic Corporation had 4 analyst reports since October 13, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, August 14. Stifel Nicolaus maintained the shares of SCHL in report on Monday, July 10 with “Hold” rating. Stifel Nicolaus maintained Scholastic Corp (NASDAQ:SCHL) rating on Friday, September 22. Stifel Nicolaus has “Hold” rating and $38.0 target. The stock of Scholastic Corp (NASDAQ:SCHL) has “Outperform” rating given on Tuesday, October 13 by Oppenheimer.

Scholastic Corporation is a publisher and distributor of children’s books, a well-known provider of print and digital instructional materials for pre-kindergarten to grade 12, and a producer of educational and entertaining children’s media. The company has market cap of $1.34 billion. The Firm operates through three divisions: Children’s Book Publishing and Distribution, Education and International. It has a 49.04 P/E ratio. The Children’s Book Publishing and Distribution segment includes the publication and distribution of children’s books, e-books, media and interactive products in the United States through its book clubs and book fairs in its school channels and through the trade channel.

More notable recent Scholastic Corp (NASDAQ:SCHL) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: REV Group, Scholastic and Alliant Energy” on October 26, 2017, also Pionline.com with their article: “Scholastic Corp. terminates cash balance plan” published on July 29, 2016, Fool.com published: “Why Shares of Scholastic Corp. Tumbled Today” on January 21, 2016. More interesting news about Scholastic Corp (NASDAQ:SCHL) were released by: Prnewswire.com and their article: “Scholastic Corporation Announces CFO Change” published on October 30, 2017 as well as Seekingalpha.com‘s news article titled: “Scholastic’s (SCHL) CEO Richard Robinson on Q3 2017 Results – Earnings Call …” with publication date: March 23, 2017.

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