John Wiley & Sons (NYSE:WLY) Stock Rating Lowered by Wall Street Zen

John Wiley & Sons (NYSE:WLY) was downgraded by analysts at Wall Street Zen from a “strong-buy” rating to a “hold” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Several other research firms have also recently issued reports on WLY. Zacks Research cut John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Weiss Ratings downgraded John Wiley & Sons from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday, September 8th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

John Wiley & Sons Stock Up 0.5%

Shares of NYSE:WLY opened at $47.27 on Friday. John Wiley & Sons has a fifty-two week low of $28.38 and a fifty-two week high of $57.45. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.60. The firm’s 50-day simple moving average is $51.29 and its 200-day simple moving average is $44.29. The company has a market cap of $2.40 billion, a price-to-earnings ratio of 12.50, a PEG ratio of 1.31 and a beta of 0.78.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings results on Thursday, September 3rd. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. The firm had revenue of $386.36 million during the quarter, compared to analysts’ expectations of $380.20 million. John Wiley & Sons had a net margin of 11.90% and a return on equity of 27.99%. The firm’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.49 earnings per share. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. As a group, equities research analysts predict that John Wiley & Sons will post 4.8 earnings per share for the current year.

Hedge Funds Weigh In On John Wiley & Sons

Several hedge funds have recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in John Wiley & Sons by 13.5% during the first quarter. Royal Bank of Canada now owns 24,305 shares of the company’s stock worth $1,083,000 after purchasing an additional 2,897 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in John Wiley & Sons by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,407 shares of the company’s stock valued at $1,043,000 after purchasing an additional 707 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of John Wiley & Sons by 6.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 122,433 shares of the company’s stock valued at $5,456,000 after buying an additional 6,928 shares in the last quarter. Jane Street Group LLC increased its position in shares of John Wiley & Sons by 14,320.0% in the first quarter. Jane Street Group LLC now owns 158,620 shares of the company’s stock valued at $7,068,000 after buying an additional 157,520 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of John Wiley & Sons during the 1st quarter worth $65,000. 73.94% of the stock is owned by hedge funds and other institutional investors.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global publishing and education company that provides knowledge, learning and research resources to individuals, institutions and organizations. Founded in 1807 by Charles Wiley, the company has a long history of serving the academic, scientific, technical, professional and education markets.

Wiley publishes scholarly journals, research databases, reference materials, textbooks, professional books and digital learning products. Its offerings support researchers, educators, students and working professionals across areas including science, technology, business, finance, health, engineering and the social sciences.

The company distributes its products through print and digital channels, including online platforms, subscription services, institutional licenses and direct sales.