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

John Wiley & Sons, Inc. (NYSE:WLYB)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $41.05, but opened at $44.02. John Wiley & Sons shares last traded at $44.02, with a volume of 106 shares traded.

John Wiley & Sons Price Performance

The business has a 50-day moving average price of $40.65 and a two-hundred day moving average price of $35.64. 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 company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 15.49 and a beta of 0.58.

John Wiley & Sons (NYSE:WLYB) last issued its earnings results on Thursday, March 5th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.11. John Wiley & Sons had a return on equity of 28.38% and a net margin of 9.24%.The company had revenue of $410.04 million for the quarter, compared to analysts’ expectations of $391.00 million.

John Wiley & Sons Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, April 7th were issued a $0.355 dividend. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Tuesday, April 7th. John Wiley & Sons’s dividend payout ratio (DPR) is currently 49.48%.

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.