Pearson (NYSE:PSO) Upgraded by Wall Street Zen to "Buy" Rating

Key Points

• Wall Street Zen upgraded Pearson from “hold” to “buy”, signaling a more positive near-term view on the stock.
• Other analysts have been mixed: Kepler Capital Markets raised Pearson to hold, Weiss Ratings cut it to hold, and Citigroup initiated coverage with a buy rating. The overall consensus rating remains Moderate Buy.
• Pearson stock recently traded at $14.86, sitting between its 52-week low of $12.02 and high of $16.67. The company also shows relatively solid liquidity, with a quick ratio of 1.94 and current ratio of 2.00.

Pearson (NYSE:PSO - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Sunday.

A number of other research analysts also recently issued reports on PSO. Kepler Capital Markets upgraded shares of Pearson from a "reduce" rating to a "hold" rating in a research report on Friday, January 23rd. Weiss Ratings cut shares of Pearson from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, January 12th. Finally, Citigroup initiated coverage on shares of Pearson in a research note on Monday, January 12th. They issued a "buy" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

Pearson Price Performance

Pearson stock opened at $14.86 on Friday. Pearson has a 52-week low of $12.02 and a 52-week high of $16.67. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.94 and a current ratio of 2.00. The stock's 50 day moving average price is $13.58 and its two-hundred day moving average price is $13.47.

Institutional Investors Weigh In On Pearson

Several institutional investors have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC grew its stake in shares of Pearson by 952.1% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,757 shares of the company's stock worth $25,000 after acquiring an additional 1,590 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Pearson during the fourth quarter valued at about $35,000. Farther Finance Advisors LLC boosted its holdings in Pearson by 54.2% in the 4th quarter. Farther Finance Advisors LLC now owns 2,947 shares of the company's stock worth $41,000 after buying an additional 1,036 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Pearson in the 4th quarter worth approximately $42,000. Finally, Smartleaf Asset Management LLC grew its stake in Pearson by 31.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 7,758 shares of the company's stock valued at $110,000 after buying an additional 1,874 shares in the last quarter. Institutional investors own 2.14% of the company's stock.

Pearson Company Profile

Pearson plc is a global education company headquartered in London, England, with significant operations in North America, Europe, Asia, and Latin America. Tracing its roots back to 1844, Pearson evolved from its early beginnings into one of the world's leading providers of educational content, digital learning tools, and assessment services. The company's American subsidiary trades on the New York Stock Exchange under the symbol PSO.

Pearson's core business encompasses a broad portfolio of products and services for learners, educators, and institutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.