Pearson (LON:PSON) Releases Earnings Results

Pearson (LON:PSON) released its quarterly earnings results on Friday. The company reported GBX 28.90 EPS for the quarter, Digital Look Earnings reports. Pearson had a return on equity of 9.13% and a net margin of 8.78%.

Pearson Price Performance

Shares of PSON stock opened at GBX 1,257 on Friday. The firm has a fifty day moving average of GBX 1,193.60 and a two-hundred day moving average of GBX 1,067.76. The firm has a market cap of £7.55 billion, a P/E ratio of 24.79, a P/E/G ratio of 0.83 and a beta of 0.34. Pearson has a 1-year low of GBX 874.80 and a 1-year high of GBX 1,336.50. The company has a debt-to-equity ratio of 52.56, a current ratio of 2.00 and a quick ratio of 1.07.

Analyst Upgrades and Downgrades

PSON has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price objective on Pearson from GBX 1,430 to GBX 1,420 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,033 target price on shares of Pearson in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of GBX 1,251.

About Pearson

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.