John Wiley & Sons (NYSE:WLYB) Shares Gap Up – Time to Buy?

John Wiley & Sons, Inc. (NYSE:WLYB) gapped up before the market opened on Tuesday . The stock had previously closed at $39.21, but opened at $43.69. John Wiley & Sons shares last traded at $43.49, with a volume of 830 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of John Wiley & Sons in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

John Wiley & Sons Stock Down 4.8%

The stock has a 50-day simple moving average of $35.83 and a two-hundred day simple moving average of $34.72. 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 market cap of $2.11 billion, a PE ratio of 14.36 and a beta of 0.58.

John Wiley & Sons (NYSE:WLYB) last released its quarterly earnings results on Thursday, March 5th. The company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.11. The business had revenue of $410.04 million for the quarter, compared to the consensus estimate 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 business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Tuesday, April 7th will be issued a $0.355 dividend. The ex-dividend date is Tuesday, April 7th. This represents a $1.42 annualized dividend and a dividend yield of 3.4%. John Wiley & Sons’s payout ratio is currently 49.48%.

About John Wiley & Sons

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.