Pearson plc (LON:PSON) Receives Consensus Rating of “Moderate Buy” from Analysts

Pearson plc (LON:PSON) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,010 ($12.64).

Several analysts have issued reports on PSON shares. Shore Capital restated a “buy” rating on shares of Pearson in a research note on Thursday, August 31st. JPMorgan Chase & Co. increased their target price on shares of Pearson from GBX 1,190 ($14.89) to GBX 1,210 ($15.14) and gave the stock an “overweight” rating in a report on Wednesday.

Pearson Trading Up 0.3 %

LON:PSON opened at GBX 894.20 ($11.19) on Friday. The company has a debt-to-equity ratio of 34.17, a quick ratio of 1.07 and a current ratio of 2.16. Pearson has a one year low of GBX 749.40 ($9.38) and a one year high of GBX 1,006.29 ($12.59). The business’s 50-day simple moving average is GBX 848.38 and its 200 day simple moving average is GBX 837.87. The stock has a market cap of £6.41 billion, a price-to-earnings ratio of 2,235.50, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31.

Pearson Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, September 18th. Investors of record on Thursday, August 10th will be paid a dividend of GBX 7 ($0.09) per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a dividend yield of 0.8%. Pearson’s dividend payout ratio is presently 5,500.00%.

About Pearson

Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Higher Education, and Workforce Skills.