John Wiley & Sons (NYSE:WLYB) Shares Gap Down – Should You Sell?

John Wiley & Sons, Inc. (NYSE:WLYB) shares gapped down before the market opened on Tuesday . The stock had previously closed at $54.02, but opened at $48.10. John Wiley & Sons shares last traded at $48.10, with a volume of 160 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of John Wiley & Sons in a report on Friday, July 17th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

John Wiley & Sons Price Performance

The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.64. The company has a market cap of $2.46 billion, a P/E ratio of 12.80 and a beta of 0.55. The stock has a 50 day moving average price of $51.80 and a 200 day moving average price of $44.09.

John Wiley & Sons (NYSE:WLYB) last released its quarterly earnings data on Thursday, September 3rd. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.04. John Wiley & Sons had a return on equity of 27.99% and a net margin of 11.90%.The business had revenue of $386.36 million during the quarter, compared to analyst estimates of $380.20 million.

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Tuesday, July 7th were issued a dividend of $0.3575 per share. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.43 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Tuesday, July 7th. John Wiley & Sons’s dividend payout ratio is 37.83%.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global publishing and knowledge services company headquartered in Hoboken, New Jersey. Founded in 1807, Wiley has established itself as a leading provider of scholarly, educational and professional content across scientific, technical, medical and academic disciplines. The company leverages both print and digital platforms to deliver peer-reviewed journals, books, reference works and online resources to researchers, educators, students and professionals around the world.

Wiley’s operations are organized into key segments, including Research Publishing, which publishes over 1,600 peer-reviewed journals and a broad suite of digital books; Academic and Professional Learning, which offers course materials, interactive digital platforms and certification programs; and Education Solutions, providing custom learning environments, online degree programs and professional development services.