Pearson - PSON Share Forecast, Price & News

Pearson plc provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. It operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Higher Education, and Workforce Skills. The Assessment & Qualifications segment offers Pearson VUE, US student assessment, clinical assessment, UK GCSE, and A levels and international academic qualifications. The Virtual Learning segment provides virtual schools and online program management services. The English Language Learning segment offers Pearson test of English, institutional courseware, and English online solutions. The Higher Education segment provides the US, Canadian, and international higher education courseware businesses. The Workforce Skills offers BTEC, GED, TalentLens, Faethm, Pearson college, and apprenticeships. Pearson plc was founded in 1844 and is headquartered in London, the United Kingdom.

Analysts Set New Price Targets

A number of brokerages have recently commented on PSON. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Pearson in a research report on Friday, May 20th. Morgan Stanley restated an "equal weight" rating on shares of Pearson in a research note on Wednesday, May 11th. Shore Capital reaffirmed a "buy" rating on shares of Pearson in a research report on Friday, August 5th. Barclays lifted their target price on Pearson from GBX 775 ($9.36) to GBX 840 ($10.15) and gave the stock an "equal weight" rating in a report on Tuesday, August 2nd. Finally, Berenberg Bank restated a "hold" rating and issued a GBX 742 ($8.97) price target on shares of Pearson in a research note on Tuesday, May 17th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 876.40 ($10.59).

Pearson Stock Down 0.5 %

PSON Stock traded down GBX 4.60 ($0.06) on Friday, hitting GBX 881.60 ($10.65). 944,560 shares of the company's stock were exchanged, compared to its average volume of 2,311,625. Pearson has a 12-month low of GBX 571 ($6.90) and a 12-month high of GBX 901 ($10.89). The firm has a 50 day moving average price of GBX 783.89 and a two-hundred day moving average price of GBX 742.17. The company has a debt-to-equity ratio of 30.17, a quick ratio of 1.07 and a current ratio of 1.90. The stock has a market cap of £6.49 billion and a P/E ratio of 2,457.22.

Pearson Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, September 19th. Stockholders of record on Thursday, August 11th will be issued a GBX 6.60 ($0.08) dividend. The ex-dividend date is Thursday, August 11th. This represents a dividend yield of 0.87%. Pearson's dividend payout ratio (DPR) is presently 56.94%.

Insider Buying and Selling

In other Pearson news, insider Sally Johnson acquired 2,658 shares of the firm's stock in a transaction that occurred on Wednesday, August 10th. The shares were purchased at an average cost of GBX 677 ($8.18) per share, for a total transaction of £17,994.66 ($21,743.19).