John Wiley & Sons (NYSE:WLYB) Reaches New 12-Month Low – Here’s What Happened

John Wiley & Sons, Inc. (NYSE:WLYB)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $29.16 and last traded at $30.00, with a volume of 733 shares. The stock had previously closed at $30.69.

Analyst Upgrades and Downgrades

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

John Wiley & Sons Stock Performance

The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.67 and a current ratio of 0.71. The firm has a 50 day moving average price of $31.84 and a two-hundred day moving average price of $36.19. The company has a market capitalization of $1.61 billion, a P/E ratio of 16.25 and a beta of 0.75.

John Wiley & Sons (NYSE:WLYB) last issued its quarterly earnings data on Thursday, December 4th. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.32. The firm had revenue of $421.75 million for the quarter, compared to analysts’ expectations 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th were paid a $0.355 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $1.42 dividend on an annualized basis and a yield of 4.6%. John Wiley & Sons’s dividend payout ratio (DPR) 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.