John Wiley & Sons (NYSE:WLYB) Sees Large Volume Increase – What’s Next?

John Wiley & Sons, Inc. (NYSE:WLYB) saw strong trading volume on Monday . 4,418 shares traded hands during mid-day trading, an increase of 129% from the previous session’s volume of 1,930 shares.The stock last traded at $41.86 and had previously closed at $38.00.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of John Wiley & Sons in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

John Wiley & Sons Stock Performance

The stock has a market cap of $2.23 billion, a PE ratio of 15.15 and a beta of 0.58. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 1.06. The firm has a 50 day moving average price of $35.58 and a 200 day moving average price of $34.66.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.86 by $0.11. The firm had revenue of $410.04 million for the quarter, compared to analyst estimates of $391.00 million. John Wiley & Sons had a return on equity of 28.38% and a net margin of 9.24%.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Tuesday, April 7th will be paid a dividend of $0.355 per share. The ex-dividend date is Tuesday, April 7th. This represents a $1.42 annualized dividend and a dividend yield of 3.3%. John Wiley & Sons’s dividend payout ratio (DPR) is currently 49.48%.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global publishing and knowledge services company headquartered in Hoboken, New Jersey. Founded in 1807, Wiley has established itself as a leading provider of scholarly, educational and professional content across scientific, technical, medical and academic disciplines. The company leverages both print and digital platforms to deliver peer-reviewed journals, books, reference works and online resources to researchers, educators, students and professionals around the world.

Wiley’s operations are organized into key segments, including Research Publishing, which publishes over 1,600 peer-reviewed journals and a broad suite of digital books; Academic and Professional Learning, which offers course materials, interactive digital platforms and certification programs; and Education Solutions, providing custom learning environments, online degree programs and professional development services.