Pearson (LON:PSON) Releases Quarterly Earnings Results

Pearson (LON:PSON) released its earnings results on Monday. The company reported GBX 64.50 EPS for the quarter, Digital Look Earnings reports. Pearson had a return on equity of 8.98% and a net margin of 9.83%.

Pearson Stock Down 0.1%

Shares of LON PSON opened at GBX 959.80 on Monday. The firm has a fifty day moving average of GBX 973.46 and a 200-day moving average of GBX 1,021.68. The stock has a market capitalization of £6.09 billion, a PE ratio of 14.72, a P/E/G ratio of 0.83 and a beta of 0.31. The company has a quick ratio of 1.07, a current ratio of 1.78 and a debt-to-equity ratio of 42.49. Pearson has a 52-week low of GBX 874.80 and a 52-week high of GBX 1,401.

Insiders Place Their Bets

In other Pearson news, insider Omar Abbosh sold 52,025 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of GBX 1,051, for a total value of £546,782.75. Company insiders own 0.99% of the company’s stock.

Analysts Set New Price Targets

Separately, Citigroup initiated coverage on Pearson in a report on Monday, January 12th. They issued a “buy” rating and a GBX 1,300 price objective for the company. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,220.

Pearson Company Profile

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn’t just what we do.