John Wiley & Sons Inc. (JW.A) Stock Rating Lowered by TheStreet
John Wiley & Sons Inc. (NYSE:JW.A) was downgraded by research analysts at TheStreet from a “buy” rating to a “hold” rating in a research report issued on Tuesday.
A number of other equities research analysts also recently weighed in on JW.A. Zacks Investment Research upgraded John Wiley & Sons from a “sell” rating to a “hold” rating in a report on Thursday, September 8th. Sidoti began coverage on John Wiley & Sons in a report on Wednesday, September 28th. They issued a “buy” rating for the company.
John Wiley & Sons (NYSE:JW.A) last issued its quarterly earnings data on Wednesday, September 7th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by $0.08. John Wiley & Sons had a return on equity of 14.92% and a net margin of 8.45%. The company had revenue of $404.30 million for the quarter, compared to the consensus estimate of $426.75 million. During the same quarter last year, the business earned $0.58 earnings per share. John Wiley & Sons’s revenue was down 4.4% compared to the same quarter last year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 19th. Shareholders of record on Tuesday, October 4th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Friday, September 30th. This represents a $1.24 dividend on an annualized basis and a yield of Infinity. John Wiley & Sons’s payout ratio is currently 50.20%.
About John Wiley & Sons
John Wiley & Sons, Inc provides knowledge and knowledge-enabled services in the areas of research, professional practice and education. The Company operates through three segments: Research, Professional Development and Education. Through the Research segment, the Company provides digital and print scientific, technical, medical and scholarly journals, reference works, books, database services and advertising.
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