Scholastic Corporation (SCHL) saw a big move in the last trading session, as the company’s shares fell by nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend for SCHL, as the stock is now down over 9% in the past one-month time frame.
The children’s publishing, education, and media company has not seen any estimate revision over the past month, and the current year earnings consensus hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, especially on earnings estimates following the recent slump.
SCHL currently holds a Zacks Rank #4 (Sell).
Investors interested in the Consumer Staples sector may consider better-ranked stocks like Amira Nature Foods Ltd. (ANFI), Pilgrim's Pride Corporation (PPC) and Carriage Services Inc. (CSV), each of which holds a Zacks Rank #1 (Strong Buy).
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