John Wiley & Sons (NYSE:WLYB) Shares Down 5% – What’s Next?

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) fell 5% on Wednesday . The stock traded as low as $30.88 and last traded at $31.10. Approximately 1,091 shares traded hands during trading, a decline of 48% from the average session volume of 2,111 shares. The stock had previously closed at $32.75.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of John Wiley & Sons in a report on Monday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

John Wiley & Sons Price Performance

The company has a debt-to-equity ratio of 1.16, a current ratio of 0.71 and a quick ratio of 0.67. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 16.76 and a beta of 0.74. The stock has a 50-day moving average price of $34.48 and a 200 day moving average price of $38.38.

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

John Wiley & Sons Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th will be given a dividend of $0.355 per share. The ex-dividend date is Tuesday, December 30th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 4.5%. John Wiley & Sons’s dividend payout ratio (DPR) is 75.53%.

John Wiley & Sons Company Profile

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.