Pearson (LON:PSON) Sets New 12-Month High – What’s Next?

Pearson plc (LON:PSON) hit a new 52-week high during trading on Friday . The company traded as high as GBX 1,175 and last traded at GBX 1,163.50, with a volume of 6538128 shares. The stock had previously closed at GBX 1,143.50.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. raised their price objective on Pearson from GBX 1,420 to GBX 1,430 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 1,033 price target on shares of Pearson in a report on Tuesday, May 5th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Pearson currently has an average rating of “Moderate Buy” and an average price target of GBX 1,254.33.

Pearson Price Performance

The stock has a 50 day moving average of GBX 1,072.32 and a two-hundred day moving average of GBX 1,015.24. The company has a debt-to-equity ratio of 52.00, a quick ratio of 1.07 and a current ratio of 2.00. The firm has a market capitalization of £7.01 billion, a P/E ratio of 22.87, a P/E/G ratio of 0.83 and a beta of 0.34.

Pearson (LON:PSON) last issued its quarterly earnings data on Monday, March 2nd. The company reported GBX 64.50 earnings per share for the quarter. Pearson had a return on equity of 9.26% and a net margin of 9.37%.

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.