Back to top

Bull of the Day

Zacks Equity Research

Bull of the Day: School Specialty

 ZacksTrade Now

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

School Specialty's (SCHS) second quarter fiscal 2013 adjusted earnings of $0.82 a share beat the Zacks Consensus Estimate by 28% and the prior-year quarter earnings by 60.8%, driven by overall margin improvement and the company s cost control strategy. Though down year over year, total revenue also surpassed the Zacks Consensus Estimate.

Although School Specialty lowered its revenue expectations for fiscal 2013 due to a challenging market environment, we believe that the company's diversified product and geographic mix, strategic and cost-control initiatives, combined with its product innovation efforts place it well for long-term growth once the school spending trends return to more normal levels.

Moreover, the industry has been witnessing a slow recovery in State and local property tax receipts over the last few months, which should improve the company's demand scenario ahead. We therefore upgrade our recommendation from Neutral to Outperform.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
BITAUTO HOLD BITA 35.33 +14.82%
ANI PHARMACE ANIP 24.79 +14.66%
E HOUSECHINA EJ 10.99 +9.24%
CANADIAN SOL CSIQ 26.97 +7.15%
INTERNATIONA ICAGY 33.30 +5.38%