Wolters Kluwer (WTKWY) Projected to Post Quarterly Earnings on Wednesday

Wolters Kluwer (OTCMKTS:WTKWY) will likely be issuing its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of $2.98 per share and revenue of $3.6806 billion for the quarter.

Wolters Kluwer Price Performance

Wolters Kluwer stock opened at $70.58 on Tuesday. The company has a debt-to-equity ratio of 5.05, a current ratio of 0.71 and a quick ratio of 0.69. Wolters Kluwer has a one year low of $70.05 and a one year high of $185.47. The company’s fifty day moving average price is $94.67 and its two-hundred day moving average price is $112.85.

Analysts Set New Price Targets

A number of brokerages have recently commented on WTKWY. Deutsche Bank Aktiengesellschaft raised Wolters Kluwer from a “hold” rating to a “buy” rating in a report on Tuesday, December 9th. Citigroup started coverage on Wolters Kluwer in a research report on Monday, January 12th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy”.

About Wolters Kluwer

Wolters Kluwer is a global information services and software company that provides professional information, software solutions and related services to customers in the health, tax & accounting, governance, risk & compliance, and legal sectors. Headquartered in the Netherlands, the company operates internationally and its shares are listed on Euronext Amsterdam; its American Depositary Receipts trade on the OTC market under the symbol WTKWY.

The company’s offerings center on subscription-based digital products and workflow tools designed to help professionals make decisions, meet regulatory requirements and improve operational efficiency.