John Wiley & Sons (NYSE:WLYB) Reaches New 52-Week Low – Here’s Why

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) hit a new 52-week low during trading on Saturday . The stock traded as low as $29.79 and last traded at $30.4290, with a volume of 722 shares traded. The stock had previously closed at $31.55.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of John Wiley & Sons in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

John Wiley & Sons Trading Down 3.6%

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 fifty day simple moving average of $32.29 and a 200-day simple moving average of $36.39. The firm has a market cap of $1.60 billion, a P/E ratio of 16.19 and a beta of 0.75.

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

John Wiley & Sons Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.355 per share. The ex-dividend date was Tuesday, December 30th. This represents a $1.42 annualized dividend and a yield of 4.7%. John Wiley & Sons’s dividend payout ratio is presently 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.