Pearson (LON:PSON) Releases Earnings Results

Pearson (LON:PSON) posted its quarterly earnings data on Monday. The company reported GBX 64.50 earnings per share for the quarter, Digital Look Earnings reports. Pearson had a return on equity of 8.98% and a net margin of 9.83%.

Pearson Stock Performance

PSON opened at GBX 959.80 on Monday. The stock has a market cap of £6.09 billion, a PE ratio of 14.72, a P/E/G ratio of 0.83 and a beta of 0.31. The company has a current ratio of 1.78, a quick ratio of 1.07 and a debt-to-equity ratio of 42.49. Pearson has a 1 year low of GBX 874.80 and a 1 year high of GBX 1,401. The stock’s 50 day simple moving average is GBX 973.46 and its 200-day simple moving average is GBX 1,021.68.

Analyst Upgrades and Downgrades

Separately, Citigroup assumed coverage on shares of Pearson in a research note on Monday, January 12th. They set a “buy” rating and a GBX 1,300 target price for the company. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Pearson presently has an average rating of “Moderate Buy” and an average target price of GBX 1,220.

Insider Buying and Selling

In other Pearson news, insider Omar Abbosh sold 52,025 shares of Pearson stock in a transaction on Friday, January 2nd. The shares were sold at an average price of GBX 1,051, for a total transaction of £546,782.75. 0.99% of the stock is currently owned by company insiders.

Pearson Company Profile

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn’t just what we do.