Pearson (LON:PSON) Share Price Passes Above 200 Day Moving Average - What's Next?

Key Points

• Pearson shares crossed above their 200‑day moving average, trading as high as GBX 1,082 and last at GBX 1,076.50 versus the 200‑day MA of GBX 1,006.49 on heavy volume (116,529,211 shares).
• Analyst sentiment is bullish: Citigroup initiated coverage with a "buy" and GBX 1,300 target while JPMorgan raised its target to GBX 1,430 (overweight); MarketBeat shows a consensus "Moderate Buy" and an average target of GBX 1,290.
• Key fundamentals include a market cap of £6.6bn, P/E of 21.23 and PEG of 0.83, with a net margin of 9.37%, ROE of 9.26%, current ratio 2.00 and debt/equity of 52%.

Shares of Pearson plc (LON:PSON - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,006.49 and traded as high as GBX 1,082. Pearson shares last traded at GBX 1,076.50, with a volume of 116,529,211 shares traded.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Citigroup assumed coverage on Pearson in a research report on Monday, January 12th. They issued a "buy" rating and a GBX 1,300 price target on the stock. JPMorgan Chase & Co. upped their price target on Pearson from GBX 1,420 to GBX 1,430 and gave the company an "overweight" rating in a research report on Thursday, April 9th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 1,290.

Pearson Price Performance

The business has a fifty day simple moving average of GBX 990.16 and a 200 day simple moving average of GBX 1,006.49. The stock has a market capitalization of £6.60 billion, a P/E ratio of 21.23, a price-to-earnings-growth ratio of 0.83 and a beta of 0.34. The company has a current ratio of 2.00, a quick ratio of 1.07 and a debt-to-equity ratio of 52.00.

Pearson (LON:PSON - Get Free Report) last released its earnings results on Monday, March 2nd. The company reported GBX 64.50 earnings per share (EPS) for the quarter. Pearson had a net margin of 9.37% and a return on equity of 9.26%.

Pearson Company Profile

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That's why our c.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn't just what we do.

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