Educational Development (EDUC)
Market Price (6/23/2026): $1.52 | Market Cap: $12.9 MilSector: Communication Services | Industry: Publishing
Educational Development (EDUC)
Market Price (6/23/2026): $1.52Market Cap: $12.9 MilSector: Communication ServicesIndustry: Publishing
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 18%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 14%, FCF Yield is 11% Megatrend and thematic driversMegatrends include Future of Learning, and Direct-to-Consumer Commerce. Themes include Early Childhood Educational Content, Literacy & Reading Development, Show more. | Weak multi-year price returns2Y Excs Rtn is -64%, 3Y Excs Rtn is -41% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -7.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -31% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -33%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -36%, Rev Chg QQuarterly Revenue Change % is -37% Key risksEDUC key risks include [1] a significant and consistent decline in its direct sales network and [2] critical financial instability marked by mounting net losses and debt management challenges. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 18%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 14%, FCF Yield is 11% |
| Megatrend and thematic driversMegatrends include Future of Learning, and Direct-to-Consumer Commerce. Themes include Early Childhood Educational Content, Literacy & Reading Development, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -64%, 3Y Excs Rtn is -41% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -7.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -31% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -33%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -36%, Rev Chg QQuarterly Revenue Change % is -37% |
| Key risksEDUC key risks include [1] a significant and consistent decline in its direct sales network and [2] critical financial instability marked by mounting net losses and debt management challenges. |
Qualitative Assessment
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Educational Development (EDUC) stock has gained about 10% since 2/28/2026 because of the following key factors:
1. Educational Development Corporation became debt-free in fiscal year 2026, which concluded on February 28, 2026. This significant financial improvement resulted from the complete payoff of $30.9 million in bank borrowings, primarily facilitated by the sale of the Hilti Complex for $32.2 million during fiscal Q3 2026 and generated operational cash flow.
2. The company successfully reduced its inventory levels and generated substantial cash flow during fiscal year 2026. Inventory decreased from $44.7 million to $37.7 million, contributing $7.0 million in cash flow.
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Educational Development (EDUC) stock has gained about 10% since 2/28/2026 because of the following key factors:
1. Educational Development Corporation became debt-free in fiscal year 2026, which concluded on February 28, 2026. This significant financial improvement resulted from the complete payoff of $30.9 million in bank borrowings, primarily facilitated by the sale of the Hilti Complex for $32.2 million during fiscal Q3 2026 and generated operational cash flow.
2. The company successfully reduced its inventory levels and generated substantial cash flow during fiscal year 2026. Inventory decreased from $44.7 million to $37.7 million, contributing $7.0 million in cash flow.
3. Educational Development implemented cost-cutting and restructuring initiatives throughout fiscal year 2026. These efforts are projected to result in general and administrative expense savings exceeding $1.2 million in fiscal year 2027.
4. A new $2.0 million Line of Credit was secured with Regent Bank. Announced as part of the fiscal year 2026 results, this provides the company with additional working capital and operational flexibility for planned future growth.
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Stock Movement Drivers
Fundamental Drivers
The 11.7% change in EDUC stock from 2/28/2026 to 6/22/2026 was primarily driven by a 94.8% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.36 | 1.52 | 11.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 25 | 23 | -9.7% |
| Net Income Margin (%) | 16.1% | 10.1% | -37.0% |
| P/E Multiple | 2.9 | 5.6 | 94.8% |
| Shares Outstanding (Mil) | 9 | 9 | 0.8% |
| Cumulative Contribution | 11.7% |
Market Drivers
2/28/2026 to 6/22/2026| Return | Correlation | |
|---|---|---|
| EDUC | 11.7% | |
| Market (SPY) | 8.8% | 19.7% |
| Sector (XLC) | -9.2% | 9.1% |
Fundamental Drivers
The 20.6% change in EDUC stock from 11/30/2025 to 6/22/2026 was primarily driven by a 53.6% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.26 | 1.52 | 20.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 29 | 23 | -22.1% |
| P/S Multiple | 0.4 | 0.6 | 53.6% |
| Shares Outstanding (Mil) | 9 | 9 | 0.8% |
| Cumulative Contribution | 20.6% |
Market Drivers
11/30/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| EDUC | 20.6% | |
| Market (SPY) | 9.5% | 30.8% |
| Sector (XLC) | -6.8% | 13.1% |
Fundamental Drivers
The 11.8% change in EDUC stock from 5/31/2025 to 6/22/2026 was primarily driven by a 65.4% change in the company's P/S Multiple.| (LTM values as of) | 5312025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.36 | 1.52 | 11.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 34 | 23 | -33.0% |
| P/S Multiple | 0.3 | 0.6 | 65.4% |
| Shares Outstanding (Mil) | 9 | 9 | 0.8% |
| Cumulative Contribution | 11.8% |
Market Drivers
5/31/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| EDUC | 11.8% | |
| Market (SPY) | 27.7% | 14.3% |
| Sector (XLC) | 6.7% | 8.6% |
Fundamental Drivers
The 24.6% change in EDUC stock from 5/31/2023 to 6/22/2026 was primarily driven by a 383.6% change in the company's P/S Multiple.| (LTM values as of) | 5312023 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.22 | 1.52 | 24.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 88 | 23 | -73.9% |
| P/S Multiple | 0.1 | 0.6 | 383.6% |
| Shares Outstanding (Mil) | 8 | 9 | -1.3% |
| Cumulative Contribution | 24.6% |
Market Drivers
5/31/2023 to 6/22/2026| Return | Correlation | |
|---|---|---|
| EDUC | 24.6% | |
| Market (SPY) | 85.1% | 6.2% |
| Sector (XLC) | 77.4% | 5.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| EDUC Return | -39% | -65% | -63% | 42% | -20% | 13% | -90% |
| Peers Return | 46% | -0% | 26% | -8% | 13% | 11% | 111% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 100% |
Monthly Win Rates [3] | |||||||
| EDUC Win Rate | 33% | 33% | 33% | 50% | 33% | 67% | |
| Peers Win Rate | 63% | 40% | 57% | 52% | 62% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| EDUC Max Drawdown | -60% | -78% | -80% | -46% | -40% | -13% | |
| Peers Max Drawdown | -23% | -40% | -32% | -31% | -33% | -20% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: SCHL, NWSA, HAS, MAT, JAKK.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/22/2026 (YTD)
How Low Can It Go
| Event | EDUC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -28.7% | -18.8% |
| % Gain to Breakeven | 40.3% | 23.1% |
| Time to Breakeven | 161 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -55.7% | -9.5% |
| % Gain to Breakeven | 125.9% | 10.5% |
| Time to Breakeven | 62 days | 24 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.4% | -33.7% |
| % Gain to Breakeven | 73.6% | 50.9% |
| Time to Breakeven | 64 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -31.5% | -19.2% |
| % Gain to Breakeven | 45.9% | 23.8% |
| Time to Breakeven | 546 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -38.1% | -3.7% |
| % Gain to Breakeven | 61.7% | 3.9% |
| Time to Breakeven | 109 days | 6 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -16.2% | -6.8% |
| % Gain to Breakeven | 19.3% | 7.3% |
| Time to Breakeven | 49 days | 15 days |
In The Past
Educational Development's stock fell -28.7% during the 2025 US Tariff Shock. Such a loss loss requires a 40.3% gain to breakeven.
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Asset Allocation
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| Event | EDUC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -28.7% | -18.8% |
| % Gain to Breakeven | 40.3% | 23.1% |
| Time to Breakeven | 161 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -55.7% | -9.5% |
| % Gain to Breakeven | 125.9% | 10.5% |
| Time to Breakeven | 62 days | 24 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.4% | -33.7% |
| % Gain to Breakeven | 73.6% | 50.9% |
| Time to Breakeven | 64 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -31.5% | -19.2% |
| % Gain to Breakeven | 45.9% | 23.8% |
| Time to Breakeven | 546 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -38.1% | -3.7% |
| % Gain to Breakeven | 61.7% | 3.9% |
| Time to Breakeven | 109 days | 6 days |
| 2013 Taper Tantrum | ||
| % Loss | -27.6% | -0.2% |
| % Gain to Breakeven | 38.2% | 0.2% |
| Time to Breakeven | 106 days | 1 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -42.1% | -53.4% |
| % Gain to Breakeven | 72.6% | 114.4% |
| Time to Breakeven | 150 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -22.9% | -8.6% |
| % Gain to Breakeven | 29.7% | 9.5% |
| Time to Breakeven | 867 days | 47 days |
In The Past
Educational Development's stock fell -28.7% during the 2025 US Tariff Shock. Such a loss loss requires a 40.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Educational Development (EDUC)
Educational Development Corporation (EDUC) is a publishing company focused on educational children's books in the United States. It primarily operates as a trade co-publisher, distributing a wide range of children's books, notably those published by Usborne Publishing Limited from the United Kingdom. Its product offerings are diverse, including interactive books like touchy-feely board books and sticker books, educational titles in science, math, and foreign languages, as well as activity books, adventure stories, and chapter books and novels.
The company operates through two distinct divisions to reach its customers. The Home Business division employs a direct sales strategy, leveraging a network of independent consultants. These consultants engage directly with consumers through various channels such as home parties, book fairs, and internet-based social media platforms, effectively serving families and individuals seeking educational materials for children.
The second division, Publishing, targets traditional retail markets. This division markets and distributes its children's books to a variety of commercial outlets across the country. Its primary customers and markets include bookstores, toy stores, specialty stores, and museums, ensuring broader retail availability for its educational products.
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Here are 1-3 brief analogies to describe Educational Development (EDUC):
- Tupperware for children's educational books.
- A children's book publisher that sells many of its books through a direct sales network, similar to Avon or Mary Kay.
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- Educational Children's Books: The company publishes and distributes a wide variety of educational children's books, encompassing touchy-feely board books, activity books, flashcards, adventure and search books, art books, sticker books, foreign language books, science and math titles, and chapter books and novels.
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Educational Development (EDUC) sells primarily to other companies. Its major customers fall into the following categories:
- Independent Consultants: Through its Home Business division, Educational Development distributes books to a network of independent consultants. These consultants operate as independent business entities, purchasing books from EDUC for resale to individual consumers.
- Bookstores: The Publishing division markets books to various retail outlets, including bookstores across the country.
- Toy Stores: Specialty toy stores are also customers, stocking Educational Development's children's books.
- Specialty Stores: This category includes a range of other retail establishments that focus on specific niches, such as educational supplies or children's products.
- Museums: Museums that feature gift shops often carry educational books, making them customers of Educational Development.
- Other Retail Outlets: A broader category encompassing other types of retailers that carry children's books.
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- Usborne Publishing Limited
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Craig M. White - President, Chief Executive Officer (CEO), and Director
Craig M. White leads Educational Development Corporation as its President, Chief Executive Officer, and Director. He was also elected Chairman of the Board in January 2025. With over 23 years of experience at the company, he previously served as Chief Operating Officer, where he oversaw the upgrading of the company's IT and distribution functions. He began his career at EDC as the Operating Manager and later held the title of Vice President of Information Technology.
Dan E. O'Keefe - Chief Financial Officer (CFO) and Secretary
Dan E. O'Keefe serves as the Chief Financial Officer and Corporate Secretary for Educational Development Corporation. In this role, he is responsible for managing the company's financial restructuring and debt reduction plans. Prior to his current role, he founded O'Keefe and Associates ~ Accounting and Business Solutions and served as Vice President of Finance at Tulsa Inspection Resources, LLC.
Randall W. White - Executive Chairman & Treasurer
Randall W. White is the Executive Chairman and Treasurer of Educational Development Corporation. He previously held the positions of President and CEO of the company for 35 years, from 1986 to 2021, and is credited with transforming the company from being on the verge of bankruptcy to a thriving enterprise. Before joining EDC in 1983 as controller, he served as Chief Financial Officer of Nicor Drilling in Tulsa. He also played a key role in founding the company's direct-selling division in 1988. He is a major individual shareholder and, as executive chair, serves as an advisor on the company's day-to-day and strategic operations.
Heather N. Cobb - Chief Sales and Marketing Officer (CSMO)
Heather N. Cobb is the Chief Sales and Marketing Officer at Educational Development Corporation. Her responsibilities include managing the PaperPie Brand Partners network, which is a vital part of the company's direct sales division.
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The key risks to Educational Development Corporation (EDUC) include:
- Declining Revenue and Active Brand Partners: Educational Development Corporation has experienced a significant decline in net revenues and a substantial decrease in the number of active brand partners in its PaperPie division. This decline is largely attributed to macroeconomic headwinds, such as high inflation, which reduces consumer discretionary spending and impacts sales volumes. The company's Q2 FY2025 and Q3 FY2026 reports show considerable revenue reductions.
- Inventory Levels and Management: Elevated inventory levels present a persistent challenge for the company, necessitating strategic management, including promotional pricing that negatively affects gross margins. The company faces the task of effectively liquidating substantial excess inventory, as missteps in this area could lead to further write-downs or prolonged financial strain.
- Operational Challenges and Distribution Agreement Issues: The rebranding of the direct sales division from "Usborne Books & More" to "PaperPie," coupled with unmet purchase requirements under the Usborne distribution agreement, has created uncertainty. This situation has negatively impacted brand partner recruitment and retention and previously led to purchasing restrictions from lenders, affecting the availability of new titles and out-of-stock items.
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The widespread and accelerating shift of children's educational and entertainment content consumption from physical books to digital platforms, including interactive apps, e-books, educational games, and streaming services, directly threatening demand for physical books and traditional distribution models.
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The addressable market for Educational Development's main products and services in the United States is primarily the children's book publishing market.
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The market size of Children's Book Publishing in the U.S. was valued at $3.3 billion in both 2024 and 2025.
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The U.S. share of the North American Children's Publishing Market was valued at approximately $2.625 billion (USD 2625 million) in 2025.
For specific product categories offered by Educational Development:
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The U.S. market for Board Books was valued at approximately $420 million (USD 420 million) in 2025.
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The U.S. market for Children's E-Books was valued at approximately $300 million (USD 300 million) in 2025.
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For Educational Development Corporation (EDUC), several key drivers are anticipated to fuel future revenue growth over the next two to three years:
- Growth in PaperPie Brand Partner Count: The company aims to stabilize and increase its network of independent consultants in the Home Business division, known as PaperPie. Management has expressed confidence in stabilizing this base, seeing it as crucial for reversing recent declines in net revenues. Efforts to rebuild the brand partner count are a primary focus, supported by recent promotions that have shown positive results in adding new partners.
- Introduction of New Products and Offerings: Educational Development Corporation continues to launch new products, including series from Kane Miller, educational manipulatives from Learning Wrap-Ups, and STEAM-based kits from SmartLab Toys. These new introductions are expected to drive increased sales activity across both the PaperPie and Publishing divisions by offering fresh and exciting content to customers. Additionally, the company has launched the "Gathered Goods" fundraising program with custom in-house products to further boost sales.
- Improved Financial Health and Operational Efficiency: The successful sale-leaseback of the Hilti Complex is a critical strategic move. This transaction is anticipated to eliminate existing bank debt, provide a new line of credit, and significantly improve the company's overall financial position. This enhanced financial stability is expected to enable more normalized operations, facilitate a return to regular purchasing patterns with Usborne Publishing, and free up capital for growth initiatives. Alongside this, implemented cost-saving measures are designed to enhance operational performance and support sustainable revenue growth.
- Targeting New Demographics with Technology: The company plans to attract younger demographics, specifically Millennials and Generation Z, through the adoption of new technological initiatives, including mobile-first technology. This strategic focus aims to expand the customer base and generate new revenue streams by catering to evolving consumer preferences and digital engagement.
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Share Repurchases
- Educational Development Corporation repurchased 899,011 shares of its common stock for a total cost of $14.6 million during the year ended December 31, 2023.
- In February 2025, the Board of Directors approved a new $10.0 million stock repurchase program.
- Under the 2025 $10.0 Million Repurchase Program, the company repurchased 273,825 shares for $4.5 million during the first three months of 2025, and an additional 193,409 shares for $3.1 million between March 31, 2025, and April 24, 2025.
Share Issuance
- On October 15, 2025, a director acquired 4,000 shares of common stock at $1.26 per share, which were noted as shares issued as part of Board compensation.
Capital Expenditures
- Educational Development Corporation's latest trailing twelve months (TTM) capital expenditure was $2.86 million.
- Over the past five years, the company's average capital expenditure has been $3.65 million.
- The highest capital expenditure recorded by the company over the past five years was $3.98 million on September 30, 2023.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Educational Development Earnings Notes | 12/16/2025 | |
| How Low Can Educational Development Stock Really Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 23.31 |
| Mkt Cap | 2.6 |
| Rev LTM | 3,214 |
| Op Inc LTM | 275 |
| FCF LTM | 178 |
| FCF 3Y Avg | 298 |
| CFO LTM | 307 |
| CFO 3Y Avg | 468 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 0.6% |
| Rev Chg 3Y Avg | -3.5% |
| Rev Chg Q | 1.2% |
| QoQ Delta Rev Chg LTM | 0.1% |
| Op Inc Chg LTM | 2.4% |
| Op Inc Chg 3Y Avg | -4.3% |
| Op Mgn LTM | 5.9% |
| Op Mgn 3Y Avg | 8.3% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 9.2% |
| CFO/Rev 3Y Avg | 11.7% |
| FCF/Rev LTM | 5.4% |
| FCF/Rev 3Y Avg | 8.3% |
Price Behavior
| Market Price | $1.52 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 03/04/1993 | |
| Distance from 52W High | -15.6% | |
| 50 Days | 200 Days | |
| DMA Price | $1.42 | $1.38 |
| DMA Trend | up | up |
| Distance from DMA | 6.8% | 10.5% |
| 3M | 1YR | |
| Volatility | 24.4% | 60.0% |
| Downside Capture | -25.72 | 27.38 |
| Upside Capture | 39.66 | 33.68 |
| Correlation (SPY) | 14.4% | 15.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.51 | -0.62 | 0.24 | 0.67 | 0.70 | 0.28 |
| Up Beta | -0.75 | -1.17 | -0.79 | -0.27 | -0.24 | -0.17 |
| Down Beta | -0.48 | -0.64 | 1.26 | 1.37 | 2.64 | 0.59 |
| Up Capture | 9% | 38% | 44% | 86% | 24% | 13% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 8 | 20 | 28 | 56 | 107 | 326 |
| Down Capture | -128% | -155% | 35% | 75% | 43% | 74% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 4 | 7 | 16 | 41 | 100 | 357 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EDUC | |
|---|---|---|---|---|
| EDUC | 19.6% | 59.9% | 0.52 | - |
| Sector ETF (XLC) | 4.6% | 13.6% | 0.09 | 9.8% |
| Equity (SPY) | 26.1% | 12.4% | 1.59 | 15.8% |
| Gold (GLD) | 24.1% | 27.5% | 0.77 | 5.0% |
| Commodities (DBC) | 18.5% | 18.8% | 0.77 | 8.0% |
| Real Estate (VNQ) | 11.8% | 13.8% | 0.57 | 1.0% |
| Bitcoin (BTCUSD) | -40.2% | 42.5% | -1.09 | 11.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EDUC | |
|---|---|---|---|---|
| EDUC | -34.0% | 66.4% | -0.36 | - |
| Sector ETF (XLC) | 7.0% | 20.7% | 0.25 | 8.9% |
| Equity (SPY) | 13.4% | 17.1% | 0.61 | 8.7% |
| Gold (GLD) | 17.1% | 18.3% | 0.76 | 4.7% |
| Commodities (DBC) | 7.5% | 19.4% | 0.28 | 5.5% |
| Real Estate (VNQ) | 2.1% | 18.9% | 0.01 | 7.3% |
| Bitcoin (BTCUSD) | 9.4% | 54.1% | 0.37 | 3.7% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EDUC | |
|---|---|---|---|---|
| EDUC | -10.0% | 62.7% | 0.09 | - |
| Sector ETF (XLC) | 8.7% | 22.2% | 0.45 | 15.5% |
| Equity (SPY) | 15.4% | 18.0% | 0.73 | 15.5% |
| Gold (GLD) | 12.2% | 16.1% | 0.62 | 4.6% |
| Commodities (DBC) | 6.0% | 18.0% | 0.26 | 8.7% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 11.2% |
| Bitcoin (BTCUSD) | 59.9% | 66.8% | 1.00 | 5.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/23/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/19/2026 | -3.4% | -2.7% | 0.0% |
| 1/8/2026 | -0.7% | 1.4% | -2.1% |
| 10/9/2025 | -9.9% | -9.3% | -16.1% |
| 7/7/2025 | -3.7% | -2.2% | -2.0% |
| 5/19/2025 | -3.0% | -0.9% | -1.5% |
| 1/13/2025 | 1.2% | -1.2% | -4.2% |
| 10/10/2024 | -6.4% | -5.9% | -8.0% |
| 7/11/2024 | -1.0% | 7.8% | 3.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 7 | 11 | 8 |
| # Negative | 19 | 15 | 18 |
| Median Positive | 3.6% | 2.4% | 18.6% |
| Median Negative | -4.1% | -8.3% | -8.1% |
| Max Positive | 16.4% | 56.6% | 41.8% |
| Max Negative | -22.9% | -28.0% | -30.2% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/19/2026 | -3.4% | -2.7% | 0.0% |
| 1/8/2026 | -0.7% | 1.4% | -2.1% |
| 10/9/2025 | -9.9% | -9.3% | -16.1% |
| 7/7/2025 | -3.7% | -2.2% | -2.0% |
| 5/19/2025 | -3.0% | -0.9% | -1.5% |
| 1/13/2025 | 1.2% | -1.2% | -4.2% |
| 10/10/2024 | -6.4% | -5.9% | -8.0% |
| 7/11/2024 | -1.0% | 7.8% | 3.6% |
| 5/21/2024 | -8.3% | -11.5% | -8.3% |
| 1/11/2024 | 16.4% | 56.6% | 41.8% |
| 10/12/2023 | 12.6% | 11.7% | -2.4% |
| 7/13/2023 | -7.3% | 1.1% | 22.6% |
| 5/11/2023 | -10.1% | -22.4% | -30.2% |
| 1/5/2023 | -9.7% | 2.4% | -8.4% |
| 10/6/2022 | -4.6% | -10.4% | -6.0% |
| 7/6/2022 | -1.9% | -6.0% | -16.0% |
| 5/4/2022 | -22.9% | -28.0% | -24.8% |
| 1/6/2022 | -12.6% | -14.4% | -24.3% |
| 10/6/2021 | -4.1% | 0.1% | -2.7% |
| 7/7/2021 | 3.6% | -8.3% | -11.8% |
| 5/13/2021 | -2.5% | -8.9% | -16.0% |
| 3/12/2021 | -3.5% | -3.2% | -7.9% |
| 1/12/2021 | -1.1% | 0.3% | 8.5% |
| 11/16/2020 | 0.6% | 6.2% | 18.8% |
| 9/4/2020 | 0.3% | 0.9% | 18.4% |
| 7/16/2020 | 10.8% | 15.6% | 23.0% |
| SUMMARY STATS | |||
| # Positive | 7 | 11 | 8 |
| # Negative | 19 | 15 | 18 |
| Median Positive | 3.6% | 2.4% | 18.6% |
| Median Negative | -4.1% | -8.3% | -8.1% |
| Max Positive | 16.4% | 56.6% | 41.8% |
| Max Negative | -22.9% | -28.0% | -30.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 02/28/2026 | 05/19/2026 | 10-K |
| 11/30/2025 | 01/13/2026 | 10-Q |
| 08/31/2025 | 10/09/2025 | 10-Q |
| 05/31/2025 | 07/07/2025 | 10-Q |
| 02/28/2025 | 05/19/2025 | 10-K |
| 11/30/2024 | 01/13/2025 | 10-Q |
| 08/31/2024 | 10/10/2024 | 10-Q |
| 05/31/2024 | 07/15/2024 | 10-Q |
| 02/29/2024 | 05/21/2024 | 10-K |
| 11/30/2023 | 01/11/2024 | 10-Q |
| 08/31/2023 | 10/16/2023 | 10-Q |
| 05/31/2023 | 07/13/2023 | 10-Q |
| 02/28/2023 | 05/17/2023 | 10-K |
| 11/30/2022 | 01/06/2023 | 10-Q |
| 08/31/2022 | 10/06/2022 | 10-Q |
| 05/31/2022 | 07/07/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 02/28/2026 | 05/19/2026 | 10-K |
| 11/30/2025 | 01/13/2026 | 10-Q |
| 08/31/2025 | 10/09/2025 | 10-Q |
| 05/31/2025 | 07/07/2025 | 10-Q |
| 02/28/2025 | 05/19/2025 | 10-K |
| 11/30/2024 | 01/13/2025 | 10-Q |
| 08/31/2024 | 10/10/2024 | 10-Q |
| 05/31/2024 | 07/15/2024 | 10-Q |
| 02/29/2024 | 05/21/2024 | 10-K |
| 11/30/2023 | 01/11/2024 | 10-Q |
| 08/31/2023 | 10/16/2023 | 10-Q |
| 05/31/2023 | 07/13/2023 | 10-Q |
| 02/28/2023 | 05/17/2023 | 10-K |
| 11/30/2022 | 01/06/2023 | 10-Q |
| 08/31/2022 | 10/06/2022 | 10-Q |
| 05/31/2022 | 07/07/2022 | 10-Q |
| 02/28/2022 | 05/05/2022 | 10-K |
| 11/30/2021 | 01/06/2022 | 10-Q |
| 08/31/2021 | 10/07/2021 | 10-Q |
| 05/31/2021 | 07/08/2021 | 10-Q |
| 02/28/2021 | 05/13/2021 | 10-K |
| 11/30/2020 | 01/13/2021 | 10-Q |
| 08/31/2020 | 10/13/2020 | 10-Q |
| 05/31/2020 | 07/13/2020 | 10-Q |
| 02/29/2020 | 05/26/2020 | 10-K |
| 11/30/2019 | 01/14/2020 | 10-Q |
| 08/31/2019 | 10/15/2019 | 10-Q |
| 05/31/2019 | 07/15/2019 | 10-Q |
Recent Forward Guidance
Updated 5/31/2026Latest: Q4 2026 Earnings Reported 5/19/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2027 General and Administrative Expense Savings | 1.20 Mil | ||||||
Insider Activity
Updated 4/26/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | White, Craig M | CHIEF EXECUTIVE OFFICER | Direct | Buy | 11182025 | 0.00 | 33,029 | Form | ||
| 2 | O, Keefe Daniel E | CHIEF FINANCIAL OFFICER | Direct | Buy | 11182025 | 0.00 | 9,407 | Form | ||
| 3 | Cobb, Heather N | CHIEF SALES & MKTG OFFICER | Direct | Buy | 11182025 | 0.00 | 18,158 | Form | ||
| 4 | Emerson, Amy | Direct | Buy | 10172025 | 1.26 | 4,000 | 5,040 | 7,560 | Form | |
| 5 | Hooser, Steven G | Direct | Buy | 10162025 | 1.26 | 4,000 | 5,040 | 5,040 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | White, Craig M | CHIEF EXECUTIVE OFFICER | Direct | Buy | 11182025 | 0.00 | 33,029 | Form | ||
| 2 | O, Keefe Daniel E | CHIEF FINANCIAL OFFICER | Direct | Buy | 11182025 | 0.00 | 9,407 | Form | ||
| 3 | Cobb, Heather N | CHIEF SALES & MKTG OFFICER | Direct | Buy | 11182025 | 0.00 | 18,158 | Form | ||
| 4 | Emerson, Amy | Direct | Buy | 10172025 | 1.26 | 4,000 | 5,040 | 7,560 | Form | |
| 5 | Hooser, Steven G | Direct | Buy | 10162025 | 1.26 | 4,000 | 5,040 | 5,040 | Form | |
| 6 | Stoots, Bradely Von | Direct | Buy | 10162025 | 1.26 | 4,000 | 5,040 | 9,135 | Form | |
| 7 | Neal, Kara Gae | Direct | Buy | 10162025 | 1.26 | 4,000 | 5,040 | 10,747 | Form |
Industry Resources
| Communication Services Resources |
| Variety |
| The Hollywood Reporter |
| Adweek |
| Publishing Resources |
| Publishers Weekly |
| Editor & Publisher |
| The Bookseller |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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