John Wiley & Sons (NYSE:WLYB) Hits New 12-Month Low – Here’s Why

John Wiley & Sons, Inc. (NYSE:WLYB) shares reached a new 52-week low on Saturday . The company traded as low as $32.32 and last traded at $32.32, with a volume of 3459 shares trading hands. The stock had previously closed at $36.73.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of John Wiley & Sons in a research report on Monday, December 1st. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

John Wiley & Sons Price Performance

The business’s 50-day simple moving average is $36.87 and its 200 day simple moving average is $39.40. The company has a market capitalization of $1.72 billion, a P/E ratio of 17.19 and a beta of 0.79. The company has a current ratio of 0.71, a quick ratio of 0.67 and a debt-to-equity ratio of 1.16.

John Wiley & Sons (NYSE:WLYB) last posted its quarterly earnings data on Thursday, December 4th. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.32. John Wiley & Sons had a net margin of 6.11% and a return on equity of 28.23%. The business had revenue of $421.75 million during the quarter, compared to analysts’ expectations of $416.40 million.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Tuesday, October 7th were given a dividend of $0.355 per share. The ex-dividend date was Tuesday, October 7th. This represents a $1.42 annualized dividend and a dividend yield of 4.4%. John Wiley & Sons’s dividend payout ratio (DPR) is 75.53%.

Institutional Trading of John Wiley & Sons

A hedge fund recently bought a new stake in John Wiley & Sons stock. Gabelli Funds LLC bought a new position in shares of John Wiley & Sons, Inc. (NYSE:WLYB) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,500 shares of the company’s stock, valued at approximately $201,000. Institutional investors and hedge funds own 0.49% of the company’s stock.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.