John Wiley & Sons (NYSE:WLYB) Sees Unusually-High Trading Volume – Here’s Why

John Wiley & Sons, Inc. (NYSE:WLYB – Get Free Report) saw strong trading volume on Tuesday. Approximately 3,543 shares were traded during trading, an increase of 63% from the previous session’s volume of 2,176 shares. The stock last traded at $47.77 and had previously closed at $48.56.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of John Wiley & Sons in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, John Wiley & Sons has an average rating of “Hold”.

View Our Latest Stock Analysis on John Wiley & Sons

John Wiley & Sons Price Performance

The firm has a market cap of $2.48 billion, a P/E ratio of 12.94 and a beta of 0.55. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.64 and a quick ratio of 0.61. The firm’s 50 day moving average is $50.89 and its 200 day moving average is $45.67.

John Wiley & Sons (NYSE:WLYB – Get Free Report) last released its earnings results on Thursday, September 3rd. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.04. John Wiley & Sons had a net margin of 11.90% and a return on equity of 27.99%. The firm had revenue of $386.36 million during the quarter, compared to analyst estimates of $380.20 million.

John Wiley & Sons Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 22nd. Shareholders of record on Tuesday, October 6th will be issued a $0.3575 dividend. This represents a $1.43 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, October 6th. John Wiley & Sons’s payout ratio is 37.83%.

About John Wiley & Sons

(Get Free Report)

John Wiley & Sons, Inc is a global publishing and knowledge-services company that develops content and learning solutions for researchers, students, educators, professionals and organizations. Its offerings include scholarly journals, academic books, reference materials, digital learning products, online courseware and professional development resources.

Wiley supports the research ecosystem by publishing scientific, technical, medical and scholarly content, as well as providing platforms and services that help researchers discover, access and share information.

Further Reading

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