Pearson (LON:PSON) Releases Earnings Results

Pearson (LON:PSON) released its quarterly earnings data on Friday. The company reported GBX 28.90 earnings per share for the quarter, Digital Look Earnings reports. Pearson had a return on equity of 9.26% and a net margin of 9.37%.

Pearson Price Performance

PSON opened at GBX 1,257 on Friday. The stock has a fifty day moving average price of GBX 1,193.60 and a 200 day moving average price of GBX 1,067.76. The company has a current ratio of 2.00, a quick ratio of 1.07 and a debt-to-equity ratio of 40.60. Pearson has a 1 year low of GBX 874.80 and a 1 year high of GBX 1,336.50. The stock has a market cap of £7.55 billion, a price-to-earnings ratio of 24.79, a PEG ratio of 0.83 and a beta of 0.34.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 1,033 price objective on shares of Pearson in a report on Tuesday, May 5th. JPMorgan Chase & Co. decreased their price objective on shares of Pearson from GBX 1,430 to GBX 1,420 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Pearson has an average rating of “Hold” and an average target price of GBX 1,251.

About Pearson

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn’t just what we do.