John Wiley & Sons (NYSE:WLYB) Shares Gap Up – Should You Buy?

John Wiley & Sons, Inc. (NYSE:WLYB)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $43.22, but opened at $44.92. John Wiley & Sons shares last traded at $44.92, with a volume of 114 shares trading hands.

John Wiley & Sons Stock Performance

The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $2.31 billion, a PE ratio of 10.62 and a beta of 0.58. The firm’s 50-day simple moving average is $42.05 and its two-hundred day simple moving average is $36.39.

John Wiley & Sons (NYSE:WLYB) last announced its earnings results on Tuesday, June 16th. The company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.02. The company had revenue of $447.94 million for the quarter, compared to the consensus estimate of $450.00 million. John Wiley & Sons had a net margin of 13.22% and a return on equity of 29.01%.

John Wiley & Sons Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, April 7th were given a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Tuesday, April 7th. John Wiley & Sons’s payout ratio is presently 33.57%.

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.