Scholastic Corp (SCHL) stock hits $21.03: Is it a good time to buy or wait for a dip?

Scholastic Corp [SCHL] stock prices are up 3.70% to $21.03 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SCHL shares have gain 17.75% over the last week, with a monthly amount glided 1.50%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Scholastic Corp [NASDAQ: SCHL] stock has seen the most recent analyst activity on July 16, 2018, when Stifel reiterated its Hold rating and also boosted its price target to $43 from $40. Previously, Stifel reaffirmed its Hold rating on December 13, 2017, and elevated its price target to $41. On March 28, 2017, Stifel reiterated its Hold rating and revised its price target to $44 on the stock. Oppenheimer started tracking the stock assigning a Outperform rating and suggested a price target of $50 on October 13, 2015. Gabelli & Co upgraded its rating to a Buy. Gabelli & Co downgraded its rating to Hold for this stock on April 22, 2015. In a note dated November 06, 2007, Friedman Billings reiterated an Outperform rating on this stock but restated the target price of $41.

The stock price of Scholastic Corp [SCHL] has been fluctuating between $17.72 and $40.74 over the past year. Scholastic Corp [NASDAQ: SCHL] shares were valued at $21.03 at the most recent close of the market.

Analyzing the SCHL fundamentals

The Scholastic Corp [NASDAQ:SCHL] reported sales of 1.58B for trailing twelve months, representing a drop of -3.20%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.37.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.65 points at the first support level, and at 20.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.23, and for the 2nd resistance point, it is at 21.43.

Ratios To Look Out For

It’s worth pointing out that Scholastic Corp [NASDAQ:SCHL]’s Current Ratio is 1.24. Also, the Quick Ratio is 0.81, while the Cash Ratio stands at 0.21. Considering the valuation of this stock, the price to sales ratio is 0.37, the price to book ratio is 0.60.

Transactions by insiders

Recent insider trading involved Lucchese Iole, EVP & CHIEF STRATEGY OFFICER, that happened on Jul 23 ’24 when 1654.0 shares were purchased. PRESIDENT & CEO, Peter Warwick completed a deal on Jul 23 ’24 to buy 1674.0 shares. Meanwhile, EVP & CHIEF STRATEGY OFFICER Lucchese Iole sold 0.4 million shares on Apr 18 ’24.

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