Educational Development Corporation (EDUC)

NASDAQ: EDUC · IEX Real-Time Price · USD
3.35
-0.09 (-2.62%)
At close: Jan 27, 2023, 3:58 PM
3.39
+0.04 (1.19%)
After-hours: Jan 27, 2023, 4:00 PM EST
-2.62%
Market Cap 29.45M
Revenue (ttm) 96.16M
Net Income (ttm) -261,300
Shares Out 8.71M
EPS (ttm) -0.03
PE Ratio n/a
Forward PE n/a
Dividend $0.10 (2.99%)
Ex-Dividend Date Feb 18, 2022
Volume 8,233
Open 3.44
Previous Close 3.44
Day's Range 3.30 - 3.55
52-Week Range 2.00 - 8.99
Beta 0.89
Analysts Buy
Price Target 5.10 (+52.24%)
Earnings Date Jan 5, 2023

About EDUC

Educational Development Corporation, a publishing company, operates as a trade co-publisher of educational children's books in the United States. It operates through two segments, Publishing and Usborne Books & More (UBAM). The company offers various books, including touchy-feely board books, activity books and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as internet-linked books comprising science and math titles, and chapter books and novels. Educational Development Corporation markets ... [Read more]

Industry Publishing
CEO Mr. Randall W. White
Employees 166
Stock Exchange NASDAQ
Ticker Symbol EDUC
Full Company Profile

Financial Performance

In 2022, EDUC's revenue was $142.23 million, a decrease of -30.50% compared to the previous year's $204.64 million. Earnings were $8.31 million, a decrease of -34.20%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for EDUC stock is "Buy." The 12-month stock price forecast is $5.1, which is an increase of 52.24% from the latest price.

Price Target
$5.1
(52.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Educational Development Corporation Announces Fiscal Third Quarter and Fiscal 2023 Year-To-Date Results

Tulsa, Oklahoma--(Newsfile Corp. - January 5, 2023) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company"), a publishing company specializing in books and educational products ...

3 weeks ago - Newsfile Corp

Educational Development Corporation Announces Updated Third Quarter Conference Call Information

Tulsa, Oklahoma--(Newsfile Corp. - December 22, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) provides updated Conference call ID informa...

1 month ago - Newsfile Corp

Educational Development Corporation Announces Rebranding of Home Business Division - PaperPie

Additionally Announces Third Quarter Fiscal Year Earnings CallTulsa, Oklahoma--(Newsfile Corp. - December 21, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http...

1 month ago - Newsfile Corp

Educational Development Corporation to Present at the 14th Annual Southwest Ideas Investor Conference on November 16th and 17th in Dallas, TX

Tulsa, Oklahoma--(Newsfile Corp. - November 3, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company"), a publishing company specializing in books for children, today anno...

3 months ago - Newsfile Corp

Educational Development Corporation Expands Product Offering with Acquisition of SmartLab Toys

Tulsa, Oklahoma--(Newsfile Corp. - October 26, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company"), a publishing company specializing in books for children, today repo...

3 months ago - Newsfile Corp

Educational Development Corporation Announces Fiscal Second Quarter and Fiscal 2023 Year-to-Date Results

Tulsa, Oklahoma--(Newsfile Corp. - October 6, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company"), a publishing company specializing in books for children, today repor...

4 months ago - Newsfile Corp

Educational Development Corporation Announces Second Quarter Fiscal Year 2023 Earnings Call

Tulsa, Oklahoma--(Newsfile Corp. - September 30, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today announces the time and date of their...

4 months ago - Newsfile Corp

Educational Development Corporation Announces New Loan Agreement

Tulsa, Oklahoma--(Newsfile Corp. - August 11, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC") (http://www.edcpub.com) today announced that the Company has executed a new Credit Agre...

6 months ago - Newsfile Corp

Educational Development Corporation Announces First Quarter Fiscal Year 2023 Results

Tulsa, Oklahoma--(Newsfile Corp. - July 6, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the first qu...

7 months ago - Newsfile Corp

Educational Development Corporation Announces 2022 Annual Meeting of Shareholders and Record Date

Tulsa, Oklahoma--(Newsfile Corp. - May 27, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC," or the "Company") (http://www.edcpub.com) today announces the date of the annual sharehold...

8 months ago - Newsfile Corp

Educational Development Corporation Announces New Distribution Agreement with Usborne Publishing Limited

Tulsa, Oklahoma--(Newsfile Corp. - May 19, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC," or the "Company") (http://www.edcpub.com) today reports a new Distribution Agreement with ...

9 months ago - Newsfile Corp

Educational Development Corporation Announces Fiscal Fourth Quarter and Fiscal Year 2022 Results

Tulsa, Oklahoma--(Newsfile Corp. - May 4, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the fiscal fo...

9 months ago - Newsfile Corp

Educational Development to Present at The Sidoti Virtual Investor Conference on March 24, 2022

Tulsa, Oklahoma--(Newsfile Corp. - March 18, 2022) - Educational Development Corporations (NASDAQ: EDUC), a publishing company specializing in books for children, today announced that the Company will...

11 months ago - Newsfile Corp

Educational Development Corporation Announces Fiscal Year 2022 Third Quarter and Year-To-Date Results

Tulsa, Oklahoma--(Newsfile Corp. - January 6, 2022) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the third...

1 year ago - Newsfile Corp

Educational Development Corp. to Host Third Quarter 2021 Earnings Call

Tulsa, Oklahoma--(Newsfile Corp. - December 22, 2021) - Educational Development Corp. (NASDAQ: EDUC), a publishing company specializing in books for children, today announced plans to release financia...

1 year ago - Newsfile Corp

Educational Development Corporation Announces Strategic Acquisition of Learning Wrap-Ups

Tulsa, Oklahoma--(Newsfile Corp. - December 6, 2021) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") today announced that the Company has completed the purchase of Learn...

1 year ago - Newsfile Corp

Educational Development Corporation Announces Fourth Amendment to Amended and Restated Loan Agreement Which Establishes $10,000,000 Term Loan #2

Tulsa, Oklahoma--(Newsfile Corp. - November 24, 2021) - Educational Development Corporation (NASDAQ: EDUC) ("EDC") (http://www.edcpub.com) today announced the execution of the Fourth Amendment to Amen...

1 year ago - Newsfile Corp

Educational Development Corporation to Present at the 13th Annual Southwest IDEAS Investor Conference on November 17th & 18th in Dallas, TX

Tulsa, Oklahoma--(Newsfile Corp. - November 15, 2021) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company"), today announced that Craig White, President and Chief Executive Of...

1 year ago - Newsfile Corp

Educational Development Corporation to Present at LD Micro Main Event

Presentation on October 13 at 3:30 PM ETTulsa, Oklahoma--(Newsfile Corp. - October 7, 2021) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) annou...

1 year ago - Newsfile Corp

Educational Development Clocks 44% Revenue Decline In Q2

Educational Development Corporation (NASDAQ: EDUC) reported a second-quarter FY22 net revenue decline of 44.4% year-on-year, to $32.94 million. The average active UBAM sales consultants totaled 46,100...

1 year ago - Benzinga

Educational Development Corporation Announces Fiscal Year 2022 Second Quarter and Year-to-Date Results

Tulsa, Oklahoma--(Newsfile Corp. - October 7, 2021) - Educational Development Corporation (NASDAQ: EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the secon...

1 year ago - Newsfile Corp

Educational Development Corp. to Host Second Fiscal Quarter 2022 Earnings Call

Tulsa, Oklahoma--(Newsfile Corp. - October 5, 2021) - Educational Development Corp. (NASDAQ: EDUC), a publishing company specializing in books for children, today announced plans to release financial ...

1 year ago - Newsfile Corp

Educational Development Corporation to Present at the Q3 Virtual Investor Summit

Tulsa, Oklahoma--(Newsfile Corp. - August 12, 2021) - Educational Development Corporation (NASDAQ: EDUC) today announced that Randall White, Active Chairman of the Board will be attending the Q3 Virtu...

1 year ago - Newsfile Corp

Educational Development Announces CEO Transition, Promotes Craig White As CEO

Publishing company Educational Development Corp's (NASDAQ: EDUC) Randall White transitioned from CEO to Executive Chairman.  The company promoted COO Craig White to CEO.

1 year ago - Benzinga

Educational Development Corporation Announces Executive Management Change

Craig White Promoted to President, Chief Executive Officer and Appointed to the Board of Directors Craig White Promoted to President, Chief Executive Officer and Appointed to the Board of Directors

1 year ago - GlobeNewsWire