John Wiley & Sons (NYSE:WLYB) Shares Gap Up – Still a Buy?

John Wiley & Sons, Inc. (NYSE:WLYB) shares gapped up prior to trading on Thursday . The stock had previously closed at $37.00, but opened at $38.56. John Wiley & Sons shares last traded at $38.56, with a volume of 109 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of John Wiley & Sons in a research report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

John Wiley & Sons Stock Up 4.2%

The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $1.98 billion, a P/E ratio of 13.44 and a beta of 0.74. The firm’s 50 day moving average price is $32.90 and its two-hundred day moving average price is $34.95.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings data on Thursday, March 5th. The company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.11. John Wiley & Sons had a net margin of 9.24% and a return on equity of 28.38%. The business had revenue of $410.04 million for the quarter, compared to analyst estimates of $391.00 million.

About John Wiley & Sons

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.