Scholastic Corp (SCHL) Stock AnalysisSCHLScholastic Corp

Scholastic Corporation is a publisher and distributor of children's books, provider of print and digital instructional materials for grades pre-kindergarten to grade 12 and a producer of entertaining literary and educational children's media. The Children's Book Publishing and Distribution segment includes the publication and distribution of children’s books, ebooks, media and interactive products primarily in the United States. The Education Solutions segment includes the publication and distribution to schools and libraries of children's books, classroom magazines, print and digital supplementals and other products for grades pre-kindergarten to 12 in the United States. The Entertainment segment includes the development, production, distribution and licensing of children and family film and television content. The International segment includes the publication and distribution of products and services outside the United States. It operates in the Consumer Cyclicals sector (BOOKS: PUBLISHING OR PUBLISHING & PRINTING industry).

Given the current price of $37.67 and the recent earnings miss with a reported loss of $3.63 per share, it may be prudent to hold off on buying Scholastic Corp. The stock has a forward P/E of 22.17, indicating potential overvaluation, and the RSI is at 45.54, suggesting it is neither overbought nor oversold. The recent acquisition of Cottage Door Press for $71 million could provide future growth, but the uncertainty around profitability limits the immediate buy recommendation.

2 analysts cover SCHL: 1 rate it Buy, 1 Hold and 0 Sell. The average price target is 37.00.