John Wiley & Sons (NYSE:WLYB) Shares Gap Up – Here’s Why

John Wiley & Sons, Inc. (NYSE:WLYB) 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 restated a “hold (c)” rating on shares of John Wiley & Sons in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, John Wiley & Sons currently has a consensus rating of “Hold”.

John Wiley & Sons Trading Up 4.2%

The company has a market capitalization of $1.98 billion, a P/E ratio of 13.44 and a beta of 0.74. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.59 and a quick ratio of 0.57. The business’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 issued its quarterly earnings data on Thursday, March 5th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.86 by $0.11. John Wiley & Sons had a return on equity of 28.38% and a net margin of 9.24%.The business had revenue of $410.04 million for the quarter, compared to the consensus estimate 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.