John Wiley & Sons Inc (NYSE: WLY) is 0.69% higher on its value in year-to-date trading and has touched a low of $31.87 and a high of $53.96 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WLY stock was last observed hovering at around $43.70 in the last trading session, with the day’s gains setting it 0.31%.
Currently trading at $44.01, the stock is 1.11% and -7.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.26 million and changing 0.71% at the moment leaves the stock -0.81% off its SMA200. WLY registered 37.40% gain for a year compared to 6-month loss of -6.54%. The firm has a 50-day simple moving average (SMA 50) of $46.9216 and a 200-day simple moving average (SMA200) of $44.59895.
The stock witnessed a -3.89% gain in the last 1 month and extending the period to 3 months gives it a -13.18%, and is 4.54% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.76% over the week and 2.16% over the month.
John Wiley & Sons Inc (WLY) has around 6400 employees, a market worth around $2.38B and $1.76B in sales. Fwd P/E is 11.89. Profit margin for the company is -2.82%. Distance from 52-week low is 38.09% and -18.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.76%).
with sales reaching $401.1M over the same period.The EPS is expected to grow by 22.30% this year, but quarterly earnings will post -11.03% year-over-year. Quarterly sales are estimated to shrink -12.94% in year-over-year returns.
John Wiley & Sons Inc (WLY) Top Institutional Holders
348.0 institutions hold shares in John Wiley & Sons Inc (WLY), with institutional investors hold 102.82% of the company’s shares. The shares outstanding are 45.06M, and float is at 41.98M with Short Float at 3.31%. Institutions hold 93.01% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.31 million shares valued at $256.96 million. The investor’s holdings represent 11.565% of the WLY Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.37 million shares valued at $218.46 million to account for 9.8324 of the shares outstanding. The other top investors are CLARKSTON CAPITAL PARTNERS, LLC which holds 3.4 million shares representing 6.2278% and valued at over $138.37 million, while DIMENSIONAL FUND ADVISORS LP holds 3.5253 of the shares totaling 1.92 million with a market value of $78.33 million.
John Wiley & Sons Inc (WLY) Insider Activity
The most recent transaction is an insider sale by McMahan Danielle, the company’s EVP, Chief People Officer. SEC filings show that McMahan Danielle sold 2,318 shares of the company’s common stock on Oct 08 ’24 at a price of $49.41 per share for a total of $0.11 million. Following the sale, the insider now owns 8978.0 shares.
Still, SEC filings show that on Jun 17 ’24, Dobson David C (Director) disposed off 10,000 shares at an average price of $39.76 for $0.4 million. The insider now directly holds 3,390 shares of John Wiley & Sons Inc (WLY).
