John Wiley & Sons (NYSE:WLYB) Stock Crosses Above 50 Day Moving Average – What’s Next?

John Wiley & Sons, Inc. (NYSE:WLYB) shares crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $50.31 and traded as high as $51.04. John Wiley & Sons shares last traded at $51.04, with a volume of 119 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of John Wiley & Sons in a report on Thursday, October 15th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company has a consensus rating of “Hold”.

John Wiley & Sons Trading Up 2.0%

The firm has a 50-day simple moving average of $50.31 and a 200-day simple moving average of $44.39. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.60. The stock has a market cap of $2.59 billion, a PE ratio of 13.50 and a beta of 0.54.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings results on Thursday, September 3rd. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. John Wiley & Sons had a return on equity of 27.99% and a net margin of 11.90%. The company had revenue of $386.36 million during the quarter, compared to analysts’ expectations of $380.20 million.

John Wiley & Sons Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 22nd. Investors of record on Tuesday, October 6th were given a $0.3575 dividend. This represents a $1.43 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Tuesday, October 6th. John Wiley & Sons’s dividend payout ratio (DPR) is 37.83%.

John Wiley & Sons Company Profile

John Wiley & Sons is a global publishing and knowledge-services company serving researchers, students, educators and professionals. Founded in 1807, the company has evolved from a book publisher into a provider of print and digital content, platforms and services. Wiley’s activities include publishing scholarly journals and books, particularly in science, technology, medicine and related fields. It also provides digital research resources and solutions, as well as textbooks, online learning materials and other educational products.