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

John Wiley & Sons, Inc. (NYSE:WLYB) saw unusually-strong trading volume on Monday . Approximately 1,544 shares were traded during trading, an increase of 169% from the previous session’s volume of 575 shares.The stock last traded at $32.5050 and had previously closed at $32.94.

Wall Street Analysts Forecast Growth

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

John Wiley & Sons Stock Down 1.1%

The company’s fifty day simple moving average is $33.77 and its 200-day simple moving average is $37.81. The firm has a market capitalization of $1.71 billion, a PE ratio of 8.67 and a beta of 0.74. 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 issued its quarterly earnings data on Thursday, December 4th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.78 by $0.32. John Wiley & Sons had a return on equity of 28.23% and a net margin of 6.11%.The firm had revenue of $421.75 million during the quarter, compared to analyst estimates of $416.40 million.

John Wiley & Sons Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th will be paid a dividend of $0.355 per share. The ex-dividend date is Tuesday, December 30th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 4.4%. John Wiley & Sons’s payout ratio is presently 75.53%.

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.