Pearson (LON:PSON – Get Free Report) issued its quarterly earnings results on Friday. The company reported GBX 28.90 EPS for the quarter, Digital Look Earnings reports. Pearson had a net margin of 9.37% and a return on equity of 9.26%.
Pearson Trading Down 2.7%
LON PSON traded down GBX 35.50 during trading hours on Friday, hitting GBX 1,257. 3,650,650 shares of the company’s stock were exchanged, compared to its average volume of 28,620,998. The business’s 50 day moving average is GBX 1,191 and its 200-day moving average is GBX 1,066.43. Pearson has a 12-month low of GBX 874.80 and a 12-month high of GBX 1,336.50. The firm has a market capitalization of £7.55 billion, a P/E ratio of 24.79, a price-to-earnings-growth ratio of 0.83 and a beta of 0.34. The company has a debt-to-equity ratio of 40.60, a quick ratio of 1.07 and a current ratio of 2.00.
Wall Street Analyst Weigh In
PSON has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,033 price objective on shares of Pearson in a research note on Tuesday, May 5th. JPMorgan Chase & Co. lowered their target price on shares of Pearson from GBX 1,430 to GBX 1,420 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Pearson currently has an average rating of “Hold” and an average target price of GBX 1,251.
About Pearson
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.
See Also
- 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.
