Pearson plc (LON:PSON) has been given an average rating of “Hold” by the twelve ratings firms that are currently covering the firm, MarketBeat.com reports. Seven analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 775.14 ($10.13).
A number of analysts have weighed in on the stock. Deutsche Bank reissued a “sell” rating on shares of Pearson in a report on Thursday. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,050 ($13.72) target price on shares of Pearson in a report on Monday, April 8th. Barclays reissued an “underweight” rating and set a GBX 805 ($10.52) target price on shares of Pearson in a report on Thursday, April 4th. Liberum Capital reissued a “sell” rating on shares of Pearson in a report on Tuesday, April 2nd. Finally, UBS Group assumed coverage on shares of Pearson in a report on Thursday, March 7th. They set a “neutral” rating and a GBX 850 ($11.11) target price on the stock.
PSON traded down GBX 2.20 ($0.03) during trading on Monday, hitting GBX 835.80 ($10.92). The company had a trading volume of 1,814,233 shares, compared to its average volume of 4,520,000. The stock has a market capitalization of $6.50 billion and a PE ratio of 11.07. The company has a debt-to-equity ratio of 17.22, a current ratio of 1.58 and a quick ratio of 0.77. Pearson has a 1-year low of GBX 758.60 ($9.91) and a 1-year high of GBX 1,030 ($13.46).
Pearson (LON:PSON) last posted its quarterly earnings results on Friday, February 22nd. The company reported GBX 70.30 ($0.92) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 65.30 ($0.85) by GBX 5 ($0.07). On average, equities research analysts forecast that Pearson will post 5590.00037815496 earnings per share for the current fiscal year.
The company also recently declared 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. The ex-dividend date of this dividend is Thursday, April 4th. This represents a dividend yield of 1.47%. This is a positive change from Pearson’s previous dividend of $5.50. Pearson’s dividend payout ratio is currently 0.34%.
Pearson Company Profile
Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services.
Featured Article: Dividend
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.