John Wiley & Sons (NYSE:WLYB) Shares Gap Up – Should You Buy?

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) gapped up prior to trading on Monday . The stock had previously closed at $30.74, but opened at $34.00. John Wiley & Sons shares last traded at $32.7020, with a volume of 2,717 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of John Wiley & Sons in a report on Monday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

John Wiley & Sons Trading Down 6.3%

The company has a current ratio of 0.71, a quick ratio of 0.67 and a debt-to-equity ratio of 1.16. The firm has a 50-day moving average of $35.22 and a 200 day moving average of $38.72. The company has a market cap of $1.71 billion, a P/E ratio of 17.33 and a beta of 0.79.

John Wiley & Sons (NYSE:WLYB) last posted its quarterly earnings results on Thursday, December 4th. The company reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.32. John Wiley & Sons had a net margin of 6.11% and a return on equity of 28.23%. The business had revenue of $421.75 million during the quarter, compared to analysts’ expectations of $416.40 million.

John Wiley & Sons Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Tuesday, December 30th will be paid a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, December 30th. John Wiley & Sons’s dividend payout ratio is 75.53%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC purchased a new position in shares of John Wiley & Sons, Inc. (NYSE:WLYB) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,500 shares of the company’s stock, valued at approximately $201,000. Institutional investors and hedge funds own 0.49% of the company’s stock.

About John Wiley & Sons

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.