John Wiley & Sons (NYSE:WLYB) Sets New 52-Week High – Time to Buy?

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) reached a new 52-week high on Tuesday . The stock traded as high as $54.73 and last traded at $52.66, with a volume of 405 shares trading hands. The stock had previously closed at $53.33.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of John Wiley & Sons in a research report on Friday, July 17th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, John Wiley & Sons presently has a consensus rating of “Hold”.

John Wiley & Sons Price 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 company’s 50 day moving average price is $47.97 and its 200 day moving average price is $40.46. The company has a market cap of $2.76 billion, a price-to-earnings ratio of 12.83 and a beta of 0.54.

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

John Wiley & Sons Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Tuesday, July 7th were given a $0.3575 dividend. The ex-dividend date was Tuesday, July 7th. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.43 annualized dividend and a yield of 2.6%. John Wiley & Sons’s dividend payout ratio (DPR) is currently 33.81%.

John Wiley & Sons Company Profile

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.