John Wiley & Sons (NYSE:WLY) Shares Gap Down – Should You Sell?

Shares of John Wiley & Sons, Inc. (NYSE:WLY) gapped down before the market opened on Tuesday . The stock had previously closed at $43.33, but opened at $40.00. John Wiley & Sons shares last traded at $40.9350, with a volume of 92,617 shares changing hands.

Analysts Set New Price Targets

Several research firms have recently weighed in on WLY. Zacks Research lowered John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th. Weiss Ratings raised John Wiley & Sons from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 29th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

John Wiley & Sons Trading Up 1.2%

The firm has a market capitalization of $2.25 billion, a P/E ratio of 15.29 and a beta of 0.80. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.57 and a current ratio of 0.59. The firm has a 50 day moving average price of $41.41 and a two-hundred day moving average price of $35.66.

John Wiley & Sons (NYSE:WLY) last issued its earnings results on Tuesday, June 16th. The company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.65 by $0.02. The business had revenue of $447.94 million during the quarter, compared to analysts’ expectations of $450.00 million. John Wiley & Sons had a return on equity of 28.38% and a net margin of 9.24%.John Wiley & Sons’s revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.37 earnings per share. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. On average, equities research analysts expect that John Wiley & Sons, Inc. will post 4.2 EPS for the current fiscal year.

John Wiley & Sons Announces Dividend

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

Institutional Trading of John Wiley & Sons

Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of John Wiley & Sons by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 4,840,470 shares of the company’s stock worth $148,264,000 after buying an additional 25,174 shares during the period. Clarkston Capital Partners LLC boosted its position in John Wiley & Sons by 18.6% during the fourth quarter. Clarkston Capital Partners LLC now owns 2,617,945 shares of the company’s stock valued at $80,188,000 after purchasing an additional 410,121 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in John Wiley & Sons by 14.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,829,676 shares of the company’s stock valued at $69,711,000 after purchasing an additional 228,864 shares during the last quarter. Schroder Investment Management Group boosted its position in John Wiley & Sons by 14.9% during the fourth quarter. Schroder Investment Management Group now owns 1,807,857 shares of the company’s stock valued at $55,375,000 after purchasing an additional 234,527 shares during the last quarter. Finally, State Street Corp boosted its position in John Wiley & Sons by 2.1% during the second quarter. State Street Corp now owns 1,714,430 shares of the company’s stock valued at $76,515,000 after purchasing an additional 34,782 shares during the last quarter. Institutional investors and hedge funds own 73.94% of the company’s stock.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global publishing and educational services company founded in 1807 and headquartered in Hoboken, New Jersey. The company operates through two primary segments: Research & Publishing and Education. Through these segments, Wiley produces a wide range of scholarly journals, books, reference works and digital products for academic, scientific, technical and medical markets, as well as professional development and higher education learning resources.

In its Research & Publishing segment, Wiley publishes thousands of peer-reviewed journals and maintains the Wiley Online Library, a leading platform for scientific and scholarly content.