John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report)'s share price gapped down prior to trading on Wednesday . The stock had previously closed at $44.16, but opened at $42.47. John Wiley & Sons shares last traded at $43.19, with a volume of 508 shares changing hands.
John Wiley & Sons Stock Performance
The company has a debt-to-equity ratio of 1.05, a current ratio of 0.54 and a quick ratio of 0.51. The firm has a market capitalization of $2.36 billion, a PE ratio of 28.93 and a beta of 0.71. The company's fifty day simple moving average is $42.24 and its 200 day simple moving average is $42.50.
John Wiley & Sons (NYSE:WLYB - Get Free Report) last released its quarterly earnings data on Tuesday, June 17th. The company reported $1.37 EPS for the quarter, topping 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 company had revenue of $442.58 million during the quarter, compared to the consensus estimate of $435.00 million.
John Wiley & Sons Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 24th. Investors of record on Tuesday, July 8th will be issued a dividend of $0.355 per share. This is a boost from John Wiley & Sons's previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Tuesday, July 8th. This represents a $1.42 dividend on an annualized basis and a yield of 3.21%. John Wiley & Sons's dividend payout ratio is 92.81%.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in John Wiley & Sons stock. Gabelli Funds LLC acquired a new stake in John Wiley & Sons, Inc. (NYSE:WLYB - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,500 shares of the company's stock, valued at approximately $201,000. 0.49% of the stock is owned by institutional investors and hedge funds.
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.
Read More
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
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
