E Scholastic Corporation - A Fair Value Report

This report is about Scholastic Corporation (SCHL) and covers the company’s fiscal year ended May 31, 2021. Listed earnings and metrics utilizing earnings, are for that specific 12 month time period unless otherwise noted. Unaudited or reviewed financial information is not apart of, nor included in, this report.

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Risk

Past and future gains contained herein are based on actual and anticipated earnings, actual and anticipated dividends, and actual and anticipated price appreciation. Valuations, while given as a specific amount, are always within a valuation range. Investors should be aware that any investment has the potential for loss, and past performance is no guarantee of future results.

What They Do

Scholastic Corporation is a publisher and distributor of children’s books, a provider of print and digital instructional materials for grades pre-kindergarten (“pre-K”) to grade 12, and a producer of educational and entertaining children’s media. The company creates quality books and ebooks, print and technology-based learning materials and programs, classroom magazines and other products that, in combination, offer schools, as well as parents and children, customized and comprehensive solutions to support children’s learning and reading both at school and at home. Industry peers include Pearson plc (PSORF) and Houghton Mifflin Harcourt Learning Technology (HMHC).

Short-Term Target

My current short-term target for the stock is $35.45 with an initial trailing stop set at $33.11. Based on a recent price of $33.61, upward price movement will find resistance at $34.31 and again at $37.34, with final resistance found at $38.37. Downward price movement will find support at $32.51 and again at $31.04, with final support found at $29.64.

One-Year Growth Price Target

My one year growth price target is actually a price target range, determined by adding year over year earning growth to the prior year annual dividend yield and dividing the result by the current annual price to earnings ratio.

For this stock, my current one year growth price target range is $32-$37.

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My Disclaimer: I am a long-term, buy and hold investor, practicing a value investing philosophy. I am not a licensed or registered investment professional. I currently have NO investment position in ...

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William K. 1 month ago Member's comment

Interesting, I had not thought about this group previously.