For its fourth fiscal quarter (ending April 30), John Wiley & Sons Inc. (NYSE: WLY) has reported a -63% decline in E.P.S. from $1.23 a year ago to $0.46 in the current quarter. This result fell short of the consensus estimate of $0.81 by $-0.35. E.P.S. were $-3.65 for the latest four quarters through April 30 versus $0.31 for the same period a year ago — a decline of -1277%.
Recent Price Action
John Wiley & Sons Inc. (NYSE: WLY) stock enjoyed a major increase of 12.1% on 6/13/24. The shares closed at $40.90. Moreover, exceptionally high trading volume at 506% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 13.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, WLY is expected to continue to be an important Value Builder.
John Wiley & Sons has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. John Wiley & Sons has a slightly negative Appreciation Score of 31 but a good Power Rating of 71, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment