Alert: New Earnings Report (3/7/24)-John Wiley & Sons Inc. (NYSE: WLY).

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John Wiley & Sons Inc. (NYSE: WLY) has reported E.P.S. of $-2.08 for its third fiscal quarter (ending January 31) versus $-1.29 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $-2.87 versus $-0.14 for the same period a year ago.

Recent Price Action

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John Wiley & Sons Inc. (NYSE: WLY) stock enjoyed a major increase of 12.7% on 3/7/24. The shares closed at $37.31. Moreover, above average trading volume at 142% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 13.4% during the last week.

Current PriceTarget Research Rating

WLY’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

John Wiley & Sons has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. John Wiley & Sons has a neutral Power Rating of 48 and a slightly negative Appreciation Score of 34, producing the Negative Value Trend Rating.

Rating Review

In light of this new information and very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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