Investment in reading is important for early literacy. Educational Development Corporation (Nasdaq:EDUC) a publishing company, operates as a trade co-publisher of educational children’s books in the United States. They have brand partners who sell their products direct to consumer and they have a retail division.
Comps: DallasNews Corporation (Nasdaq:DALN), Scholastic Corporation (Nasdaq:SCHL)
Before we compare, we must point out that Educational Development Corporation and DallasNews Corporation are nearly the same in market capitalization. On the other hand, their market overlaps completely into that of Scholastic Corporation, which is a billion dollar enterprise. In terms of earnings per share and price to earnings, Educational Development Corporation outshines the other two. In addition, their yield is substantially greater than Scholastic Corporation’s.