Pearson (LON:PSON – Get Free Report) released its quarterly earnings data on Friday. The company reported GBX 28.90 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 Price Performance
Shares of LON PSON traded down GBX 35.50 during trading on Friday, reaching GBX 1,257. The company had a trading volume of 3,650,650 shares, compared to its average volume of 28,620,998. The company has a current ratio of 2.00, a quick ratio of 1.07 and a debt-to-equity ratio of 40.60. Pearson has a twelve month low of GBX 874.80 and a twelve month high of GBX 1,336.50. The stock has a 50-day moving average price of GBX 1,191 and a two-hundred day moving average price of GBX 1,066.43. The stock has a market capitalization of £7.55 billion, a PE ratio of 24.79, a price-to-earnings-growth ratio of 0.83 and a beta of 0.34.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on PSON shares. JPMorgan Chase & Co. dropped 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 report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,033 price target on shares of Pearson in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Pearson has a consensus rating of “Hold” and a consensus 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.
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