Scholastic Corp (NASDAQ:SCHL) price on Friday, April 11, fall -0.91% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $16.39.
A look at the stock’s price movement, the close in the last trading session was $16.54, moving within a range at $16.25 and $16.75. The beta value (5-Year monthly) was 1.081 while the PE ratio in trailing twelve months stood at 27.47. Turning to its 52-week performance, $38.77 and $16.24 were the 52-week high and 52-week low respectively. Overall, SCHL moved -18.25% over the past month.
Scholastic Corp’s market cap currently stands at around $436.93 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-19. The company has a Forward Dividend ratio of 0.80, with its dividend yield at 4.88%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 494.59M for the company’s revenue for the quarter, with a low and high estimate of 494.59M and 494.59M respectively. The average forecast suggests up to a 4.15% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.61B, representing a 1.39% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SCHL is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
SCHL’s current price about -11.24% and -15.89% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 34.52, while 7-day volatility ratio is 6.83% and 5.44% in the 30-day chart. Further, Scholastic Corp (SCHL) has a beta value of 1.09, and an average true range (ATR) of 1.00.
If we refocus on Scholastic Corp (NASDAQ:SCHL), historical trading data shows that trading volumes averaged 0.38 over the past 10 days and 413.52K over the past 3 months. The company’s latest data on shares outstanding shows there are 25.90 million shares.
The 18.36% of Scholastic Corp’s shares are in the hands of company insiders while institutional holders own 84.62% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.73 million on 2025-03-14, giving us a short ratio of 4.11. The data shows that as of 2025-03-14 short interest in Scholastic Corp (SCHL) stood at 1413.0001 of shares outstanding, with shares short rising to 1.59 million registered in 2025-02-14. Current price change has pushed the stock -23.16% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SCHL stock continues to rise going into the next quarter.
