Wolters Kluwer (WTKWY) to Release Quarterly Earnings on Wednesday

Wolters Kluwer (OTCMKTS:WTKWY) is expected to post its resultson Wednesday, August 5th. Analysts expect the company to announce earnings of $3.16 per share and revenue of $3.5030 billion for the quarter.

Wolters Kluwer Price Performance

Shares of WTKWY opened at $82.10 on Wednesday. The firm has a 50 day simple moving average of $69.76 and a two-hundred day simple moving average of $76.95. The company has a debt-to-equity ratio of 4.92, a quick ratio of 0.63 and a current ratio of 0.65. Wolters Kluwer has a one year low of $63.22 and a one year high of $162.78.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Zacks Research upgraded Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. The Goldman Sachs Group assumed coverage on Wolters Kluwer in a research note on Wednesday, June 3rd. They issued a “neutral” rating on the stock. Finally, Citigroup reiterated a “buy” rating on shares of Wolters Kluwer in a research report on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Wolters Kluwer Company Profile

Wolters Kluwer is a global information services and software company that provides professional information, software solutions and related services to customers in the health, tax & accounting, governance, risk & compliance, and legal sectors. Headquartered in the Netherlands, the company operates internationally and its shares are listed on Euronext Amsterdam; its American Depositary Receipts trade on the OTC market under the symbol WTKWY.

The company’s offerings center on subscription-based digital products and workflow tools designed to help professionals make decisions, meet regulatory requirements and improve operational efficiency.