Pearson (LON:PSON) Releases Quarterly Earnings Results

Pearson (LON:PSON) posted its earnings results on Monday. The company reported GBX 64.50 earnings per share for the quarter, Digital Look Earnings reports. Pearson had a return on equity of 9.26% and a net margin of 9.37%.

Pearson Stock Up 1.1%

PSON stock opened at GBX 969.60 on Wednesday. The stock has a market cap of £6.15 billion, a P/E ratio of 14.87, a P/E/G ratio of 0.83 and a beta of 0.34. The company has a current ratio of 2.00, a quick ratio of 1.07 and a debt-to-equity ratio of 52.00. The stock’s fifty day simple moving average is GBX 969.75 and its two-hundred day simple moving average is GBX 1,020.22. Pearson has a 1-year low of GBX 874.80 and a 1-year high of GBX 1,396.

Insider Activity

In other news, insider Omar Abbosh sold 52,025 shares of Pearson stock in a transaction on Friday, January 2nd. The stock was sold at an average price of GBX 1,051, for a total transaction of £546,782.75. 0.99% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, Citigroup began coverage on Pearson in a research note on Monday, January 12th. They set a “buy” rating and a GBX 1,300 price objective on the stock. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,220.

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.