John Wiley & Sons (NYSE:WLYB) Shares Gap Up – Time to Buy?

John Wiley & Sons, Inc. (NYSE:WLYB)’s share price gapped up before the market opened on Monday . The stock had previously closed at $29.41, but opened at $31.12. John Wiley & Sons shares last traded at $30.5710, with a volume of 104 shares.

Wall Street Analyst Weigh In

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

John Wiley & Sons Price Performance

The company has a current ratio of 0.71, a quick ratio of 0.67 and a debt-to-equity ratio of 1.16. The company has a 50 day moving average price of $31.65 and a 200 day moving average price of $35.66. The company has a market capitalization of $1.59 billion, a P/E ratio of 16.11 and a beta of 0.75.

John Wiley & Sons (NYSE:WLYB) last posted 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 business had revenue of $421.75 million for the quarter, compared to analysts’ expectations of $416.40 million.

John Wiley & Sons Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Tuesday, December 30th were issued a dividend of $0.355 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $1.42 annualized dividend and a dividend yield of 4.7%. John Wiley & Sons’s payout ratio 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.