John Wiley & Sons (NYSE:WLYB) Shares Gap Up – Time to Buy?

John Wiley & Sons, Inc. (NYSE:WLYB)’s share price gapped up before the market opened on Monday . The stock had previously closed at $29.41, but opened at $31.12. John Wiley & Sons shares last traded at $30.5710, with a volume of 104 shares trading hands.

Analysts Set New Price Targets

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

John Wiley & Sons Stock Performance

The stock has a market capitalization of $1.58 billion, a PE ratio of 15.98 and a beta of 0.75. The company has a quick ratio of 0.67, a current ratio of 0.71 and a debt-to-equity ratio of 1.16. The stock has a fifty day moving average of $31.71 and a 200-day moving average of $35.79.

John Wiley & Sons (NYSE:WLYB) last posted its quarterly earnings results on Thursday, December 4th. The company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.32. The company had revenue of $421.75 million for the quarter, compared to analyst estimates 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 company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Tuesday, December 30th were paid a $0.355 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $1.42 dividend on an annualized basis and a yield of 4.7%. John Wiley & Sons’s payout ratio is currently 75.53%.

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.