Scholastic Corporation Intrinsic Value Calculator – Scholastic Co. Experiences Significant Decrease in Short Interest

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Scholastic Corporation ($NASDAQ:SCHL), a global children’s publishing, education, and media company, has recently experienced a significant decrease in short interest. Short interest is defined as the total number of shares of a security that have been sold short and not yet repurchased. A decrease in short interest typically suggests that traders are less bearish on the stock. The company’s products and services are sold to schools and other educational institutions, retailers, libraries, and the media in the United States, Canada, and other countries. It operates through three main divisions: Children’s Book Publishing and Distribution, Education, and International.

It’s stock is traded on the Nasdaq exchange under the ticker symbol SCHL. Despite this recent dip, the short interest still remains high, with approximately 11 million shares sold short as of the most recent data. This indicates that there is still considerable bearish sentiment surrounding the stock.

Market Price

At the start of the day, SCHOLASTIC stock opened at $38.9 and closed the day at $39.1, representing a decrease of 0.2% from the previous closing price of 39.1. This emphasizes the decrease in short interest in the company’s stock and could be an indication of a shift in investor sentiment towards SCHOLASTIC. The decrease in short interest could be attributed to a number of factors, including but not limited to, the company’s recent financial performance, the outlook of the company’s business, and any developments regarding its competitors. Moreover, the decrease could also be due to investors taking profits from short positions that were initiated earlier in the year.

Regardless of the reason behind the decrease in short interest, this could be a good sign for investors as it could mean that the company is improving or showing better potential for profits. Investors should keep a close eye on SCHOLASTIC stock to see if this decrease in short interest is a long-term trend or a short-term phenomenon. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Scholastic Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Scholastic Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Scholastic Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Scholastic Corporation are shown below. More…

Analysis – Scholastic Corporation Intrinsic Value Calculator

At GoodWhale, we have been analyzing SCHOLASTIC CORPORATION‘s fundamental data and have concluded that the intrinsic value of the company’s share is around $43.9. This figure was calculated using our proprietary Valuation Line. Currently, the stock is trading at $39.1, which is a fair price and is undervalued by 10.8%. We believe this presents an opportunity for investors looking to capitalize on a potential upside. More…

Peers

The company was founded in 1920 and is headquartered in New York City. Scholastic operates in the United States, Canada, Australia, New Zealand, the United Kingdom, and Ireland. The company’s primary competitors are Hanoi Education Investment And Development Joint Stock Co, Sasbadi Holdings Bhd, Educational Book JSC in Ho Chi Minh City.

– Hanoi Education Investment And Development Joint Stock Co ($HNX:EID)

Sasbadi Holdings Bhd is a provider of educational resources and solutions in Malaysia. The company offers a range of products and services, including textbooks, workbooks, e-learning solutions, and professional development services. Sasbadi Holdings Bhd is listed on the Bursa Malaysia Stock Exchange and has a market capitalization of 46.7 million as of 2021. The company has a Return on Equity of -5.29%.

Summary

This could be a sign that investors are becoming more confident in the company’s future prospects and are less likely to make bearish bets against it. Analysts are encouraged by Scholastic’s strong balance sheet and liquidity, as well as its consistent cash flows from its book publishing business. Furthermore, the company has continued to make significant investments in its digital platform, which could further bolster its long-term growth prospects. As such, investors may continue to have a positive outlook on the company’s future prospects.