Investors braced for a bumpy ride ahead of Scholastic's
What analysts say:
- Buy, sell, or hold?: The majority of analysts back Scholastic as a buy. But with 66.7% of analysts rating it a buy, Scholastic is still below the mean analyst rating of its nearest nine competitors, which average 68.3% buys. Analysts like Scholastic better than competitor Meredith overall. Three out of seven analysts rate Meredith a buy compared to two of three for Scholastic. Analysts haven't adjusted their rating of Scholastic for the past three months.
- Revenue Forecasts: On average, analysts predict $684.7 million in revenue this quarter. That would represent a rise of 1.3% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of $2.33 per share. Estimates range from $2.25 to $2.40.
What our community says:
The majority of CAPS All Stars see SCHL as a good bet, with 73% awarding it an "outperform" rating. The majority of the Fools are in agreement with the All Stars as 67.4% give it an "outperform" rating. Fools are keen on Scholastic, though the message boards have been quiet lately with only 45 posts in the past 30 days. Scholastic's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
The company's revenue has now risen for two straight quarters.
One final thing: If you want to keep tabs on Scholastic movements, and for more analysis on the company, make sure you add it to your Watchlist.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.Earnings estimates provided by Zacks