John Wiley & Sons (NYSE:WLYB) Sees Unusually-High Trading Volume - Should You Buy?

Key Points

• John Wiley & Sons experienced a 49% increase in trading volume, with approximately 263 shares traded, indicating heightened investor interest.
• The company reported an earnings per share (EPS) of $0.49 for the last quarter, exceeding estimates and signaling strong financial performance.
• John Wiley & Sons announced a dividend increase to $0.355 per share, reflecting a commitment to returning value to shareholders while maintaining a payout ratio of nearly 80%.

John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) shares saw strong trading volume on Tuesday . 263 shares changed hands during trading, an increase of 49% from the previous session's volume of 177 shares.The stock last traded at $41.15 and had previously closed at $39.85.

John Wiley & Sons Stock Performance

The firm's 50-day moving average price is $40.48 and its two-hundred day moving average price is $41.91. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.61 and a current ratio of 0.65. The stock has a market cap of $2.21 billion, a price-to-earnings ratio of 23.28 and a beta of 0.81.

John Wiley & Sons (NYSE:WLYB - Get Free Report) last posted its earnings results on Thursday, September 4th. The company reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.17. John Wiley & Sons had a net margin of 5.82% and a return on equity of 27.31%. The company had revenue of $396.80 million for the quarter, compared to analysts' expectations of $375.00 million.

John Wiley & Sons Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Shareholders of record on Tuesday, July 8th were given a $0.355 dividend. The ex-dividend date was Tuesday, July 8th. This is a positive change from John Wiley & Sons's previous quarterly dividend of $0.35. This represents a $1.42 annualized dividend and a yield of 3.4%. John Wiley & Sons's dividend payout ratio (DPR) is currently 79.78%.

Institutional Investors Weigh In On John Wiley & Sons

An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC acquired a new position in shares of John Wiley & Sons, Inc. (NYSE:WLYB - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,500 shares of the company's stock, valued at approximately $201,000. Hedge funds and other institutional investors own 0.49% of the company's stock.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.