John Wiley & Sons (NYSE:WLYB) Shares Gap Down – Here’s What Happened

John Wiley & Sons, Inc. (NYSE:WLYB)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $37.23, but opened at $35.09. John Wiley & Sons shares last traded at $34.0350, with a volume of 181 shares.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of John Wiley & Sons in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, John Wiley & Sons presently has a consensus rating of “Hold”.

John Wiley & Sons Price Performance

The company has a market capitalization of $1.80 billion, a PE ratio of 18.97 and a beta of 0.81. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.65 and a quick ratio of 0.61. The stock’s 50 day simple moving average is $38.52 and its 200-day simple moving average is $40.28.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings data on Tuesday, February 28th. The company reported $1.29 earnings per share for the quarter. The business had revenue of $533.00 million for the quarter. John Wiley & Sons had a net margin of 5.82% and a return on equity of 27.31%.

John Wiley & Sons Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Tuesday, October 7th were paid a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Tuesday, October 7th. John Wiley & Sons’s dividend payout ratio is 79.78%.

Institutional Investors Weigh In On John Wiley & Sons

A hedge fund recently bought a new stake in John Wiley & Sons stock. Gabelli Funds LLC purchased a new stake in John Wiley & Sons, Inc. (NYSE:WLYB) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 4,500 shares of the company’s stock, valued at approximately $201,000. Hedge funds and other institutional investors own 0.49% of the company’s stock.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.