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

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) saw an uptick in trading volume on Monday . 722 shares changed hands during trading, an increase of 147% from the previous session’s volume of 292 shares.The stock last traded at $30.2050 and had previously closed at $31.55.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of John Wiley & Sons in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

John Wiley & Sons Trading Up 3.2%

The company has a debt-to-equity ratio of 1.16, a current ratio of 0.71 and a quick ratio of 0.67. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 16.36 and a beta of 0.75. The firm’s fifty day moving average price is $32.29 and its 200-day moving average price is $36.39.

John Wiley & Sons (NYSE:WLYB) last released its quarterly earnings results on Thursday, December 4th. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $421.75 million for the quarter, compared to analysts’ expectations of $416.40 million.

John Wiley & Sons Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Tuesday, December 30th were issued a $0.355 dividend. This represents a $1.42 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Tuesday, December 30th. John Wiley & Sons’s payout ratio is presently 75.53%.

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.