Analyst Ratings for Scholastic Corp. (SCHL)Updated: 2017-07-27
Scholastic Corp. (NASDAQ:SCHL) was awarded an average rating of Overweight from investment analysts following the stock. Last month, SCHL received an average rating of Overweight.
A buy rating was issued by 1 analysts, 0 issued an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for SCHL. The most optimistic price target was 44, which equates to a potential upside of 6.64 percent. The most pessimistic analyst gave a price target of 44, implying a possible loss of 6.64 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -14.54 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of SCHL to grow at a rate of -12.75 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SCHL has a PEG ratio of -2.27.
SCHL has traded between a high of 49.38 and a low of 35.20 over the past year. Today's price is 17.22 percent above the 52-week low, and 16.44 percent below the high. SCHL has a P/E ratio of 28.89. Investors typically compare the P/E ratio to a company's peers in the industry. The SCHL value stock report compares SCHL to some of its peers using value stock charts. The market cap of SCHL is $1.46 billion. SCHL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.