From MarketBeat:
The education and publishing company Scholastic was recently upgraded from a “hold” rating to a “buy” by StockNews.com. The stock performance analysis showed that it opened at $37.51 on Tuesday. The recent earnings report showed that the company had lower earnings than expected, and analysts predict Scholastic will post a 2.17 EPS for the current fiscal year. The article also discusses that 80.72% of Scholastic’s stock is currently owned by institutional investors and hedge funds. The company publishes and distributes children’s books worldwide and operates in three segments: Children’s Book Publishing and Distribution, Education Solutions, and International.
Additionally, there is a mention of top-rated analysts’ recommendations for stocks other than Scholastic, and a guide to pot stock investing and promising pot companies offered by MarketBeat. Finally, it provides an email address for any questions or comments about the article.
Overall, the article discusses a recent upgrade in Scholastic’s stock rating, its recent performance, earnings report, ownership status, and business operations. It also includes content for further reading and offers from MarketBeat.
Read more: Scholastic (NASDAQ:SCHL) Raised to “Buy” at StockNews.com
