Pearson (LON:PSON – Get Free Report) announced its earnings results on Friday. The company reported GBX 28.90 earnings per share for the quarter, Digital Look Earnings reports. Pearson had a net margin of 9.37% and a return on equity of 9.26%.
Pearson Stock Performance
PSON traded down GBX 35.50 during trading on Friday, hitting GBX 1,257. The company’s stock had a trading volume of 3,650,650 shares, compared to its average volume of 28,620,998. The company has a quick ratio of 1.07, a current ratio of 2.00 and a debt-to-equity ratio of 40.60. Pearson has a one year low of GBX 874.80 and a one year high of GBX 1,336.50. The firm has a market cap of £7.55 billion, a PE ratio of 24.79, a P/E/G ratio of 0.83 and a beta of 0.34. The business’s 50 day simple moving average is GBX 1,191 and its 200-day simple moving average is GBX 1,066.43.
Analyst Ratings Changes
PSON has been the subject of several research analyst reports. JPMorgan Chase & Co. cut their price objective on Pearson from GBX 1,430 to GBX 1,420 and set a “neutral” rating for the company in a report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 1,033 target price on shares of Pearson in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of GBX 1,251.
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.
Read More
- Five stocks we like better than Pearson
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Receive News & Ratings for Pearson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson and related companies with MarketBeat.com's FREE daily email newsletter.
