John Wiley & Sons (NYSE:WLYB) Shares Gap Down - What's Next?

John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $42.70, but opened at $41.30. John Wiley & Sons shares last traded at $41.13, with a volume of 417 shares changing hands.

John Wiley & Sons Trading Down 4.3%

The business has a 50 day simple moving average of $41.58 and a 200-day simple moving average of $42.29. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 25.85 and a beta of 0.71.

John Wiley & Sons (NYSE:WLYB - Get Free Report) last issued its quarterly earnings results on Tuesday, June 17th. The company reported $1.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.27 by $0.10. John Wiley & Sons had a return on equity of 27.42% and a net margin of 5.02%. The firm had revenue of $442.58 million for 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 paid a $0.355 dividend. This represents a $1.42 dividend on an annualized basis 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 (DPR) is presently 92.81%.

Institutional Trading of John Wiley & Sons

An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC acquired a new stake in John Wiley & Sons, Inc. (NYSE:WLYB - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,500 shares of the company's stock, valued at approximately $201,000. 0.49% of the stock is owned by institutional investors.

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.