Scholastic traded at $40.34 this Friday April 24th, decreasing $1.72 or 4.09 percent since the previous trading session. Looking back, over the last four weeks, Scholastic lost 3.20 percent. Over the last 12 months, its price rose by 128.17 percent. Looking ahead, we forecast Scholastic to be priced at 39.48 by the end of this quarter and at 37.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
Scholastic Corporation (Scholastic) is a publisher and distributor of children’s books. The Company operates through three segments: Children’s Book Publishing and Distribution, Education Solutions and International. Children’s Book Publishing and Distribution segment operates as an integrated business, which includes the publication and distribution of children’s books, e-books, media and interactive products in the United States through its book clubs and book fairs in its school channels and through the trade channel. Education Solutions segment includes the publication and distribution to schools and libraries of children’s books, classroom magazines, print and digital supplemental and core classroom materials and related support services, and print and on-line reference and non-fiction products for grades pre-kindergarten to 12 in the United States. International segment includes the publication and distribution of products and services outside the United States.