John Wiley & Sons (NYSE:WLY) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen cut shares of John Wiley & Sons (NYSE:WLY) from a strong-buy rating to a hold rating in a research report sent to investors on Saturday,Wall Street Zen reports.

A number of other analysts have also commented on the company. Zacks Research lowered John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th. Weiss Ratings downgraded shares of John Wiley & Sons from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

John Wiley & Sons Price Performance

Shares of NYSE:WLY opened at $47.27 on Friday. The business’s fifty day moving average price is $51.29 and its two-hundred day moving average price is $44.18. The stock has a market cap of $2.40 billion, a PE ratio of 12.50, a price-to-earnings-growth ratio of 1.31 and a beta of 0.78. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.64. John Wiley & Sons has a one year low of $28.38 and a one year high of $57.45.

John Wiley & Sons (NYSE:WLY) last released its quarterly earnings results on Thursday, September 3rd. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.04. John Wiley & Sons had a return on equity of 27.99% and a net margin of 11.90%.The company had revenue of $386.36 million during the quarter, compared to the consensus estimate of $380.20 million. During the same quarter last year, the business posted $0.49 earnings per share. John Wiley & Sons’s revenue was down 2.6% compared to the same quarter last year. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. On average, analysts forecast that John Wiley & Sons will post 4.8 EPS for the current fiscal year.

John Wiley & Sons Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Tuesday, July 7th were paid a $0.3575 dividend. This represents a $1.43 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Tuesday, July 7th. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s dividend payout ratio is presently 37.83%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd grew its position in shares of John Wiley & Sons by 264.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 827 shares of the company’s stock valued at $25,000 after purchasing an additional 600 shares during the period. EverSource Wealth Advisors LLC lifted its position in John Wiley & Sons by 519.8% during the second quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $25,000 after buying an additional 473 shares during the period. Optiver Holding B.V. purchased a new position in John Wiley & Sons during the first quarter worth about $26,000. Allworth Financial LP boosted its stake in John Wiley & Sons by 1,595.7% in the 3rd quarter. Allworth Financial LP now owns 780 shares of the company’s stock worth $32,000 after buying an additional 734 shares during the last quarter. Finally, Empowered Funds LLC acquired a new stake in John Wiley & Sons in the 4th quarter worth about $37,000. Hedge funds and other institutional investors own 73.94% of the company’s stock.

About John Wiley & Sons

John Wiley & Sons, Inc is a global publishing and education company that provides knowledge, learning and research resources to individuals, institutions and organizations. Founded in 1807 by Charles Wiley, the company has a long history of serving the academic, scientific, technical, professional and education markets.

Wiley publishes scholarly journals, research databases, reference materials, textbooks, professional books and digital learning products. Its offerings support researchers, educators, students and working professionals across areas including science, technology, business, finance, health, engineering and the social sciences.

The company distributes its products through print and digital channels, including online platforms, subscription services, institutional licenses and direct sales.