Scholastic Corporation

Company Profile

Scholastic Corporation had its IPO on 1987-05-12 under the ticker symbol SCHL.

The company operates in the Communication Services sector and Publishing industry. Scholastic Corporation has a staff strength of 5,160 employees.

Stock update

Shares of Scholastic Corporation opened at $43.52 at the start of the last trading session i.e. 2023-06-03.

The stocks traded within a range of $42.99 - $44.23, and closed at $43.87.

This is a +1.39% increase from the previous day's closing price.

A total volume of 191,100 shares were traded at the close of the day’s session.

In the last one week, shares of Scholastic Corporation have increased by +3.79%.

Scholastic Corporation's Key Ratios

Scholastic Corporation has a market cap of $1.45 billion, indicating a price to book ratio of 1.0956 and a price to sales ratio of 0.7316.

In the last 12-months Scholastic Corporation’s revenue was $1.69 billion with a gross profit of $877.40 million and an EBITDA of $115.20 million. The EBITDA ratio measures Scholastic Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Scholastic Corporation’s operating margin was 4.58% while its return on assets stood at 2.53% with a return of equity of 5.38%.

In Q0.66666666666667, Scholastic Corporation’s quarterly earnings growth was a positive 11% while revenue growth was a negative 5.7%.

Scholastic Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

24.7853

PEG

3.63

Its diluted EPS in the last 12-months stands at $1.77 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 3.63. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Scholastic Corporation’s profitability.

Scholastic Corporation stock is trading at a EV to sales ratio of 0.6863 and a EV to EBITDA ratio of 8.6105. Its price to sales ratio in the trailing 12-months stood at 0.7316.

Scholastic Corporation stock pays annual dividends of $0.75 per share, indicating a yield of 1.85% and a payout ratio of 47.62%.

Balance sheet and cash flow metrics

Total Assets

$1.88 billion

Total Liabilities

$636.90 million

Operating Cash Flow

$-19500000.00

Capital Expenditure

$12.70 million

Dividend Payout Ratio

47.62%

Scholastic Corporation ended 2023 with $1.88 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.88 billion while shareholder equity stood at $1.15 billion.

Scholastic Corporation ended 2023 with $0 in deferred long-term liabilities, $636.90 million in other current liabilities, 400000.00 in common stock, $966.40 million in retained earnings and $131.90 million in goodwill. Its cash balance stood at $198.80 million and cash and short-term investments were $198.80 million. The company’s total short-term debt was $27,000,000 while long-term debt stood at $0.

Scholastic Corporation’s total current assets stands at $927.90 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $290.20 million compared to accounts payable of $158.40 million and inventory worth $367.50 million.

In 2023, Scholastic Corporation's operating cash flow was $-19500000.00 while its capital expenditure stood at $12.70 million.

Comparatively, Scholastic Corporation paid $0.48 in dividends in 2023.

Other key metrics

Current Trading Price

$43.87

52-Week High

$47.5416

52-Week Low

$27.7834

Analyst Target Price

$57

Scholastic Corporation stock is currently trading at $43.87 per share. It touched a 52-week high of $47.5416 and a 52-week low of $47.5416. Analysts tracking the stock have a 12-month average target price of $57.

Its 50-day moving average was $37.66 and 200-day moving average was $39.56 The short ratio stood at 5.47 indicating a short percent outstanding of 0%.

Around 2048.1% of the company’s stock are held by insiders while 8782.5% are held by institutions.