There’s Something Awry at John Wiley & Sons Inc. (NYSE:WLY) Since Share Price Gets Ahead of Fundamentals

The stock of John Wiley & Sons Inc. (NYSE:WLY) last traded at $35.96, down -17.35% from the previous session.

Data from the available sources indicates that John Wiley & Sons Inc. (NYSE:WLY) is covered by 2 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $55.00 and a low of $55.00, we find $55.00. Given the previous closing price of $43.51, this indicates a potential upside of 26.41 percent. WLY stock price is now -18.82% away from the 50-day moving average and -20.99% away from the 200-day moving average. The market capitalization of the company currently stands at $1.98B.

In total, 0 analysts have assigned it a hold rating, and 1 have given it a buy rating. Brokers who have rated the stock have averaged $55.00 as their price target over the next twelve months.

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In other news, Matin Aref, EVP, Chief Technology Officer sold 11,450 shares of the company’s stock on Jan 12. The stock was sold for $498,137 at an average price of $43.51. Upon completion of the transaction, the EVP, Chief Technology Officer now directly owns 8,166 shares in the company, valued at $0.29 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 14, EVP, Chief People and Bus Ops McMahan Danielle sold 1,599 shares of the business’s stock. A total of $67,734 was realized by selling the stock at an average price of $42.36. This leaves the insider owning 1,600 shares of the company worth $57536.0. Insiders disposed of 92,269 shares of company stock worth roughly $3.32 million over the past 1 year. A total of 0.60% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in WLY stock. A new stake in John Wiley & Sons Inc. shares was purchased by CLEARLINE CAPITAL LP during the first quarter worth $1,702,000. CALDWELL SUTTER CAPITAL, INC. invested $1,237,000 in shares of WLY during the first quarter. In the first quarter, AMALGAMATED FINANCIAL CORP. acquired a new stake in John Wiley & Sons Inc. valued at approximately $995,000. AQUATIC CAPITAL MANAGEMENT LLC acquired a new stake in WLY for approximately $514,000. MACKENZIE FINANCIAL CORP purchased a new stake in WLY valued at around $412,000 in the second quarter. In total, there are 337 active investors with 95.40% ownership of the company’s stock.

With an opening price of $39.87 on Thursday morning, John Wiley & Sons Inc. (NYSE: WLY) set off the trading day. During the past 12 months, John Wiley & Sons Inc. has had a low of $36.57 and a high of $56.34. As of last week, the company has a debt-to-equity ratio of 0.93, a current ratio of 0.80, and a quick ratio of 0.70. The fifty day moving average price for WLY is $44.51 and a two-hundred day moving average price translates $45.28 for the stock.

The latest earnings results from John Wiley & Sons Inc. (NYSE: WLY) was released for Oct, 2022. According to the Publishing Company, earnings per share came in at $1.2, beating analysts’ expectations of $1.03 by 0.17. This compares to $0.99 EPS in the same period last year. The net profit margin was 4.80% and return on equity was 8.90% for WLY. The company reported revenue of $514.84 million for the quarter, compared to $533.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.41 percent. For the current quarter, analysts expect WLY to generate $519.9M in revenue.

Moreover, the firm recently paid out its quarterly dividend on 01/11/2023. Investors who held shares on 12/27/2022 were paid a $0.3475 dividend. On an annualized basis, this represents a $1.39 dividend and a 3.87% percent yield. There was an ex-dividend date of 12/23/2022 for this dividend. In terms of dividend payout ratio, WLY is presently at 78.00%.

John Wiley & Sons Inc.(WLY) Company Profile

John Wiley & Sons, Inc. operates as a research and education company worldwide. The company operates through three segments: Research Publishing & Platforms, Academic & Professional Learning, and Education Services. The Research Publishing & Platforms segment offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries. This segment also publishes physical sciences and engineering, health sciences, social sciences, and humanities and life sciences journals; and provides a publishing software and service for scholarly and professional societies, and publishers to deliver, host, enhance, market, and manage their content on the web through the Literatum platform. It sells and distributes its products through various channels, including research libraries and library consortia, and independent subscription agents, as well as directly to professional society members, bookstores, online booksellers, and other customers. The Academic & Professional Learning segment provides education publishing and professional learning products and services, including scientific, professional, and education print and digital books, digital courseware, and test preparation services to libraries, corporations, students, professionals, and researchers, as well as learning, development, and assessment services for businesses and professionals. This segment distributes its products through chain and online booksellers, libraries, colleges and universities, corporations, direct to consumer, websites, distributor networks, and other online applications. The Education Services segment provides online program management services for higher education institutions and talent development services including placement and training for professionals and businesses. The company was founded in 1807 and is headquartered in Hoboken, New Jersey.