Pearson plc (LON:PSON) insider Coram Williams sold 22,367 shares of the company’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of GBX 814 ($10.64), for a total transaction of £182,067.38 ($237,903.28).
Shares of PSON opened at GBX 805 ($10.52) on Thursday. The company has a debt-to-equity ratio of 17.22, a quick ratio of 0.77 and a current ratio of 1.58. The firm has a market capitalization of $6.25 billion and a price-to-earnings ratio of 10.66. Pearson plc has a 1 year low of GBX 764.80 ($9.99) and a 1 year high of GBX 1,030 ($13.46).
Pearson (LON:PSON) last announced its quarterly earnings data on Friday, February 22nd. The company reported GBX 70.30 ($0.92) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 65.30 ($0.85) by GBX 5 ($0.07). As a group, equities research analysts expect that Pearson plc will post 5589.99983907372 EPS for the current year.
The business also recently declared a dividend, which will be paid on Friday, May 10th. Stockholders of record on Thursday, April 4th will be paid a dividend of GBX 13 ($0.17) per share. The ex-dividend date is Thursday, April 4th. This is a boost from Pearson’s previous dividend of $5.50. This represents a dividend yield of 1.47%. Pearson’s dividend payout ratio is 0.34%.
Several analysts recently commented on the stock. Liberum Capital reiterated a “sell” rating on shares of Pearson in a research report on Thursday. Barclays reiterated an “underweight” rating and issued a GBX 805 ($10.52) price target on shares of Pearson in a research report on Thursday, April 4th. Credit Suisse Group reduced their price target on shares of Pearson from GBX 800 ($10.45) to GBX 785 ($10.26) and set an “underperform” rating for the company in a research report on Thursday, May 2nd. JPMorgan Chase & Co. reduced their price target on shares of Pearson from GBX 890 ($11.63) to GBX 850 ($11.11) and set a “neutral” rating for the company in a research report on Thursday, January 17th. Finally, Berenberg Bank reiterated a “sell” rating and issued a GBX 600 ($7.84) price target on shares of Pearson in a research report on Monday, February 25th. Seven investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 739.60 ($9.66).
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Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services.
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