Scholastic The children's publishing and media company revised its third-quarter results on March 21 following a ruling from the Supreme Court of Connecticut regarding its sales tax. Scholastic's loss widened to $10.3 million, or 33 cents a share, from its prior calculated loss of $3.2 million, or 10 cents. "The ruling and accrual do not change the Scholastic story, nor does the enthusiasm surrounding The Hunger Games (opening this week)," Gabelli analysts wrote in a March 22 report. They added, "Assuming the movie comes close to living up to its hype, it could drive some additional book sales in 4Q. More importantly, a successful movie will enhance the evergreen value of Suzanne Collins' books. Her next book should also get a bigger jump start. And, the success of the movie and author solidifies the company's position with other authors and agents." Forward Annual Dividend Yield: 1.5% Rated "B (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin increased from the previous year. Scholastic has weak liquidity. Its Quick Ratio is 0.7, which demonstrates a lack of ability to meet its short-term cash needs. In the third quarter, stockholders' net worth increased 11.94% from the prior year. TheStreet Ratings' price target is $39.21.
Unum Group The disability insurance company is scheduled to report its first-quarter results on May 1. Analysts, on average, anticipate earnings of 76 cents a share on revenue of $2.59 billion. "In our view, UNM is the most undervalued lower risk name on our coverage list," Bank of America Merrill Lynch analysts wrote in a March 23 report. Forward Annual Dividend Yield: 1.8% Rated "B- (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin decreased from the previous year. In the fourth quarter, stockholders' net worth decreased 4.1% from the prior year. TheStreet Ratings' price target is $27.20.