John Wiley & Sons (NYSE:WLYB) Shares Up 0.8% – Should You Buy?

John Wiley & Sons, Inc. (NYSE:WLYB) shares rose 0.8% on Friday . The stock traded as high as $53.33 and last traded at $53.33. 120 shares were traded during trading, a decline of 65% from the average session volume of 340 shares. The stock had previously closed at $52.93.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of John Wiley & Sons in a research report on Friday, July 17th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

John Wiley & Sons Stock Performance

The firm’s fifty day simple moving average is $47.22 and its 200 day simple moving average is $39.97. The company has a market capitalization of $2.71 billion, a price-to-earnings ratio of 12.61 and a beta of 0.56. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.54 and a quick ratio of 0.51.

John Wiley & Sons (NYSE:WLYB) last released its quarterly earnings results on Tuesday, June 16th. The company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.02. The business had revenue of $447.94 million for the quarter, compared to analyst estimates of $450.00 million. John Wiley & Sons had a net margin of 13.22% and a return on equity of 29.01%.

John Wiley & Sons Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Tuesday, July 7th were given a dividend of $0.3575 per share. This represents a $1.43 annualized dividend and a yield of 2.7%. The ex-dividend date was Tuesday, July 7th. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s dividend payout ratio is presently 33.81%.

About John Wiley & Sons

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.