John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 437 shares were traded during mid-day trading, an increase of 130% from the previous session's volume of 190 shares.The stock last traded at $39.55 and had previously closed at $41.31.
John Wiley & Sons Price Performance
The firm's 50-day moving average is $41.40 and its 200-day moving average is $42.26. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $2.11 billion, a PE ratio of 25.82 and a beta of 0.71.
John Wiley & Sons (NYSE:WLYB - Get Free Report) last posted its quarterly earnings results on Tuesday, June 17th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.10. John Wiley & Sons had a net margin of 5.02% and a return on equity of 27.42%. The business had revenue of $442.58 million during the quarter, compared to analyst estimates of $435.00 million.
John Wiley & Sons Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, July 24th. Shareholders of record on Tuesday, July 8th were given a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a yield of 3.59%. This is a positive change from John Wiley & Sons's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Tuesday, July 8th. John Wiley & Sons's dividend payout ratio is presently 92.81%.
Hedge Funds 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 stake in shares of John Wiley & Sons, Inc. (NYSE:WLYB - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,500 shares of the company's stock, valued at approximately $201,000. Institutional investors own 0.49% of the company's stock.
John Wiley & Sons Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider John Wiley & Sons, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and John Wiley & Sons wasn't on the list.
While John Wiley & Sons currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access