Media headlines about Scholastic (NASDAQ:SCHL) have trended somewhat positive on Sunday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Scholastic earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news coverage about the company an impact score of 47.6001556015417 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

Scholastic (NASDAQ:SCHL) opened at $40.34 on Friday. The company has a market capitalization of $1,410.00, a P/E ratio of 33.63 and a beta of 0.78. Scholastic has a one year low of $33.51 and a one year high of $49.38.

Scholastic (NASDAQ:SCHL) last released its earnings results on Thursday, December 14th. The company reported $1.92 EPS for the quarter, beating the Zacks’ consensus estimate of $1.75 by $0.17. The company had revenue of $598.30 million during the quarter, compared to analysts’ expectations of $601.40 million. Scholastic had a return on equity of 3.43% and a net margin of 1.07%. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.92 EPS. analysts forecast that Scholastic will post 1.25 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, January 31st will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend is Tuesday, January 30th. Scholastic’s payout ratio is presently 130.43%.

A number of equities research analysts have recently weighed in on SCHL shares. Zacks Investment Research lowered Scholastic from a “hold” rating to a “sell” rating in a research report on Friday. Stifel Nicolaus reiterated a “hold” rating on shares of Scholastic in a research report on Thursday, September 21st. BidaskClub upgraded Scholastic from a “hold” rating to a “buy” rating in a research report on Wednesday, December 6th. Finally, TheStreet upgraded Scholastic from a “c” rating to a “b-” rating in a research report on Thursday.

In other Scholastic news, insider Alan J. Boyko sold 7,327 shares of Scholastic stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $42.00, for a total transaction of $307,734.00. Following the completion of the transaction, the insider now owns 43,557 shares in the company, valued at $1,829,394. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Alan J. Boyko sold 2,673 shares of Scholastic stock in a transaction on Monday, December 4th. The shares were sold at an average price of $42.05, for a total value of $112,399.65. Following the transaction, the insider now owns 39,548 shares of the company’s stock, valued at approximately $1,662,993.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,100 shares of company stock valued at $954,483. 22.30% of the stock is currently owned by company insiders.

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Scholastic Company Profile

Scholastic Corporation is a publisher and distributor of children’s books, a provider of print and digital instructional materials for pre-kindergarten (pre-K) to grade 12, and a producer of educational and entertaining children’s media. The Company operates through three segments: Children’s Book Publishing and Distribution, Education and International.

Insider Buying and Selling by Quarter for Scholastic (NASDAQ:SCHL)

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