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

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) saw an uptick in trading volume on Tuesday. 3,543 shares traded hands during trading, an increase of 63% from the previous session’s volume of 2,176 shares. The stock last traded at $47.77 and had previously closed at $48.56.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of John Wiley & Sons in a report on Friday, July 17th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

John Wiley & Sons Stock Performance

The company has a market capitalization of $2.42 billion, a price-to-earnings ratio of 12.64 and a beta of 0.55. The stock’s 50 day moving average price is $50.99 and its 200 day moving average price is $45.51. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60.

John Wiley & Sons (NYSE:WLYB) last released its earnings results on Thursday, September 3rd. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. John Wiley & Sons had a return on equity of 27.99% and a net margin of 11.90%.The business had revenue of $386.36 million for the quarter, compared to the consensus estimate of $380.20 million.

John Wiley & Sons Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 22nd. Shareholders of record on Tuesday, October 6th will be given a dividend of $0.3575 per share. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $1.43 annualized dividend and a dividend yield of 3.0%. John Wiley & Sons’s payout ratio is 37.83%.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global publishing and knowledge-services company that develops content and learning solutions for researchers, students, educators, professionals and organizations. Its offerings include scholarly journals, academic books, reference materials, digital learning products, online courseware and professional development resources.

Wiley supports the research ecosystem by publishing scientific, technical, medical and scholarly content, as well as providing platforms and services that help researchers discover, access and share information.