John Wiley & Sons (NYSE:WLYB) Shares Gap Up – What’s Next?

John Wiley & Sons, Inc. (NYSE:WLYB)’s share price gapped up prior to trading on Monday . The stock had previously closed at $30.74, but opened at $34.00. John Wiley & Sons shares last traded at $32.7020, with a volume of 2,717 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of John Wiley & Sons in a research note on Monday, December 15th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, John Wiley & Sons presently has an average rating of “Hold”.

John Wiley & Sons Stock Down 5.3%

The firm has a market capitalization of $1.73 billion, a P/E ratio of 17.51 and a beta of 0.79. The firm’s 50 day moving average is $35.41 and its two-hundred day moving average is $38.80. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.71 and a quick ratio of 0.67.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings data on Thursday, December 4th. The company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.32. The company had revenue of $421.75 million during the quarter, compared to the consensus estimate of $416.40 million. John Wiley & Sons had a net margin of 6.11% and a return on equity of 28.23%.

John Wiley & Sons Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th will be paid a $0.355 dividend. The ex-dividend date is Tuesday, December 30th. This represents a $1.42 annualized dividend and a yield of 4.3%. John Wiley & Sons’s dividend payout ratio is currently 75.53%.

Institutional Investors Weigh In On John Wiley & Sons

A hedge fund recently bought a new stake in John Wiley & Sons stock. Gabelli Funds LLC bought a new stake in John Wiley & Sons, Inc. (NYSE:WLYB) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,500 shares of the company’s stock, valued at approximately $201,000. 0.49% of the stock is owned by institutional investors.

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.