John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $39.20, but opened at $36.05. John Wiley & Sons shares last traded at $36.01, with a volume of 883 shares.
John Wiley & Sons Stock Performance
The company has a market cap of $1.97 billion, a P/E ratio of -12.50 and a beta of 0.77. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.50 and a current ratio of 0.54. The business has a 50 day moving average price of $36.04 and a two-hundred day moving average price of $33.38.
John Wiley & Sons (NYSE:WLYB - Get Free Report) last posted its quarterly earnings results on Thursday, March 7th. The company reported $0.59 EPS for the quarter. The company had revenue of $460.71 million during the quarter. John Wiley & Sons had a negative net margin of 8.14% and a positive return on equity of 18.83%.
John Wiley & Sons Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 25th. Investors of record on Tuesday, April 9th will be paid a $0.35 dividend. The ex-dividend date is Monday, April 8th. This represents a $1.40 annualized dividend and a dividend yield of 3.89%. John Wiley & Sons's payout ratio is presently -48.61%.
Hedge Funds Weigh In On John Wiley & Sons
Hedge funds have recently made changes to their positions in the business. Morgan Stanley lifted its stake in John Wiley & Sons by 14,570,300.0% in the fourth quarter. Morgan Stanley now owns 145,704 shares of the company's stock worth $5,755,000 after acquiring an additional 145,703 shares during the period. CSS LLC IL purchased a new stake in shares of John Wiley & Sons in the 4th quarter worth about $202,000. Neuberger Berman Group LLC bought a new stake in shares of John Wiley & Sons during the 3rd quarter valued at about $384,000. Vanguard Group Inc. purchased a new position in shares of John Wiley & Sons during the third quarter valued at about $240,000. Finally, Royal Bank of Canada bought a new position in John Wiley & Sons in the third quarter worth about $1,679,000. 0.49% of the stock is owned by hedge funds and other institutional investors.
About John Wiley & Sons
(
Get Free Report)
John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.
Featured 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
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
