$4.89 EPS Expected for Lear (LEA); Scholastic Has 1.29 Sentiment

April 21, 2018 - By Clifton Ray

Scholastic Corporation (NASDAQ:SCHL) Logo

Scholastic Corp (SCHL) investors sentiment decreased to 1.29 in 2017 Q4. It’s down -0.53, from 1.82 in 2017Q3. The ratio has worsened, as 75 active investment managers opened new or increased equity positions, while 58 reduced and sold their stock positions in Scholastic Corp. The active investment managers in our database now own: 28.28 million shares, up from 27.44 million shares in 2017Q3. Also, the number of active investment managers holding Scholastic Corp in top ten equity positions was flat from 1 to 1 for the same number . Sold All: 13 Reduced: 45 Increased: 50 New Position: 25.

Analysts expect Lear Corporation (NYSE:LEA) to report $4.89 EPS on April, 26 before the open.They anticipate $0.62 EPS change or 14.52% from last quarter’s $4.27 EPS. LEA’s profit would be $324.08M giving it 9.79 P/E if the $4.89 EPS is correct. After having $4.38 EPS previously, Lear Corporation’s analysts see 11.64% EPS growth. The stock decreased 0.68% or $1.31 during the last trading session, reaching $191.4. About 421,622 shares traded. Lear Corporation (NYSE:LEA) has risen 33.95% since April 21, 2017 and is uptrending. It has outperformed by 22.40% the S&P500.

Scholastic Corporation, together with its subsidiaries, publishes and distributes childrenÂ’s books worldwide. The company has market cap of $1.45 billion. It operates through three divisions: ChildrenÂ’s Book Publishing and Distribution, Education, and International. It has a 85.97 P/E ratio. The ChildrenÂ’s Book Publishing and Distribution segment engages in the publication and distribution of childrenÂ’s books, e-books, media, and interactive products through its school book clubs and book fairs, and trade channel.

Since January 1, 0001, it had 0 buys, and 11 sales for $9.70 million activity.

Zuckerman Investment Group Llc holds 6.53% of its portfolio in Scholastic Corporation for 649,309 shares. Fairpointe Capital Llc owns 1.48 million shares or 1.12% of their US portfolio. Moreover, Granite Investment Partners Llc has 0.8% invested in the company for 317,622 shares. The Connecticut-based Amg Funds Llc has invested 0.49% in the stock. Bragg Financial Advisors Inc, a North Carolina-based fund reported 78,807 shares.

The stock increased 0.10% or $0.04 during the last trading session, reaching $41.61. About 89,164 shares traded. Scholastic Corporation (SCHL) has declined 10.05% since April 21, 2017 and is downtrending. It has underperformed by 21.60% the S&P500.

Analysts await Scholastic Corporation (NASDAQ:SCHL) to report earnings on July, 19. They expect $1.39 earnings per share, up 6.11% or $0.08 from last year’s $1.31 per share. SCHL’s profit will be $48.27 million for 7.48 P/E if the $1.39 EPS becomes a reality. After $-0.30 actual earnings per share reported by Scholastic Corporation for the previous quarter, Wall Street now forecasts -563.33% EPS growth.

Investors sentiment increased to 0.96 in 2017 Q4. Its up 0.04, from 0.92 in 2017Q3. It improved, as 26 investors sold Lear Corporation shares while 172 reduced holdings. 50 funds opened positions while 141 raised stakes. 58.04 million shares or 3.12% less from 59.92 million shares in 2017Q3 were reported. Stevens Capital Limited Partnership holds 24,739 shares. Artemis Mgmt Llp reported 72,256 shares. Stone Ridge Asset Lc has 0.28% invested in Lear Corporation (NYSE:LEA). Old Mutual Customised Solutions (Proprietary) Ltd holds 2,400 shares. Lingohr Partner Asset Management Gmbh holds 0.5% or 5,414 shares. Blair William & Communications Il owns 7,955 shares. Moreover, Jaffetilchin Inv Prtn Ltd Co has 0.65% invested in Lear Corporation (NYSE:LEA). Natixis reported 0.05% in Lear Corporation (NYSE:LEA). Arizona State Retirement stated it has 20,615 shares or 0.04% of all its holdings. Paradice Investment Management Limited Liability holds 443,104 shares. New Jersey-based Murphy Cap Mngmt Incorporated has invested 0.23% in Lear Corporation (NYSE:LEA). Meeder Asset Mngmt owns 0.36% invested in Lear Corporation (NYSE:LEA) for 23,794 shares. Copper Rock Partners has invested 0.75% in Lear Corporation (NYSE:LEA). Vanguard Grp reported 6.37 million shares. D E Shaw owns 20,037 shares or 0% of their US portfolio.

Lear Corporation designs, develops, engineers, makes, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers worldwide. The company has market cap of $12.69 billion. It operates in two divisions, Seating and E-Systems. It has a 10.3 P/E ratio. The Seating segment provides seat systems and related components, including leather and fabric products, seat trim covers, recliner mechanisms, seat tracks, seat structures and mechanisms, seat foams, and headrests primarily for automobiles and light trucks, compact cars, and sport utility vehicles, as well as thermoelectric seat heating and cooling systems.

Since February 16, 2018, it had 0 insider purchases, and 10 insider sales for $46.04 million activity. Kunkel Jay K. sold $1.27 million worth of stock or 6,694 shares. $3.28M worth of Lear Corporation (NYSE:LEA) shares were sold by STEPHENS MEL. $1.02M worth of Lear Corporation (NYSE:LEA) was sold by BURGESS SHARI L on Friday, February 16. Shares for $4.07M were sold by DiDonato Thomas A on Friday, February 16. Larkin Terrence B sold $4.33M worth of stock or 22,756 shares. RUNKLE DONALD L sold $190,671 worth of stock or 1,000 shares. On Friday, February 16 the insider Vanneste Jeffrey H. sold $3.88M.

Among 21 analysts covering Lear Corporation (NYSE:LEA), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Lear Corporation had 77 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Sell” rating by Goldman Sachs on Thursday, October 6. The stock of Lear Corporation (NYSE:LEA) has “Overweight” rating given on Monday, November 13 by KeyBanc Capital Markets. The company was maintained on Wednesday, August 30 by Robert W. Baird. Robert W. Baird maintained Lear Corporation (NYSE:LEA) rating on Tuesday, April 17. Robert W. Baird has “Buy” rating and $21800 target. The firm has “Buy” rating given on Wednesday, February 7 by Deutsche Bank. The rating was maintained by Citigroup on Wednesday, February 14 with “Buy”. The stock of Lear Corporation (NYSE:LEA) has “Hold” rating given on Tuesday, April 11 by RBC Capital Markets. The firm has “Outperform” rating given on Monday, October 26 by RBC Capital Markets. The firm earned “Hold” rating on Monday, October 26 by Deutsche Bank. The company was maintained on Wednesday, October 14 by Deutsche Bank.

Scholastic Corporation (NASDAQ:SCHL) Institutional Positions Chart

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