Shares of Pearson plc (LON:PSON) have received an average rating of “Hold” from the twelve brokerages that are presently covering the company, Marketbeat.com reports. Seven equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 734.50 ($9.60).
A number of equities research analysts have recently commented on PSON shares. Goldman Sachs Group raised their price objective on shares of Pearson from GBX 624 ($8.15) to GBX 663 ($8.66) and gave the stock a “sell” rating in a research note on Monday, January 14th. Liberum Capital reaffirmed a “sell” rating and set a GBX 550 ($7.19) price objective on shares of Pearson in a research note on Monday, February 18th. Deutsche Bank reaffirmed a “sell” rating on shares of Pearson in a research note on Friday, January 11th. Credit Suisse Group raised their price objective on shares of Pearson from GBX 815 ($10.65) to GBX 880 ($11.50) and gave the stock an “underperform” rating in a research note on Monday, January 14th. Finally, Barclays raised their price objective on shares of Pearson from GBX 785 ($10.26) to GBX 865 ($11.30) and gave the stock an “underweight” rating in a research note on Monday, January 14th.
Shares of LON:PSON opened at GBX 828.40 ($10.82) on Thursday. Pearson has a twelve month low of GBX 730.40 ($9.54) and a twelve month high of GBX 1,030 ($13.46). The company has a debt-to-equity ratio of 17.22, a quick ratio of 0.82 and a current ratio of 1.58. The company has a market capitalization of $6.42 billion and a P/E ratio of 10.97.
Pearson (LON:PSON) last issued its quarterly earnings results on Friday, February 22nd. The company reported GBX 70.30 ($0.92) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 65.30 ($0.85) by GBX 5 ($0.07). On average, analysts forecast that Pearson will post 5589.99970376511 earnings per share for the current year.
The firm also recently announced a dividend, which will be paid on Friday, May 10th. Stockholders of record on Thursday, April 4th will be given a dividend of GBX 13 ($0.17) per share. This is a positive change from Pearson’s previous dividend of $5.50. The ex-dividend date is Thursday, April 4th. This represents a dividend yield of 1.47%. Pearson’s dividend payout ratio (DPR) is 0.34%.
Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through three segments: North America, Core, and Growth. It offers courseware services, including curriculum materials provided in book form and/or via access to digital content; and assessments, such as test development, processing, and scoring services.
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