Pearson plc (LON:PSON) Insider Purchases £9,376.74 in Stock

Pearson plc (LON:PSON - Get Free Report) insider Sherry Coutu acquired 922 shares of the business's stock in a transaction that occurred on Monday, September 30th. The stock was bought at an average cost of GBX 1,017 ($13.60) per share, for a total transaction of £9,376.74 ($12,542.46).

Pearson Stock Up 0.9 %

LON:PSON traded up GBX 8.63 ($0.12) on Tuesday, hitting GBX 1,022.13 ($13.67). The stock had a trading volume of 4,802,814 shares, compared to its average volume of 2,313,421. Pearson plc has a 1 year low of GBX 855.40 ($11.44) and a 1 year high of GBX 1,084 ($14.50). The firm's fifty day simple moving average is GBX 1,042.66 and its two-hundred day simple moving average is GBX 1,007.48. The company has a debt-to-equity ratio of 43.56, a quick ratio of 1.07 and a current ratio of 1.78. The stock has a market cap of £6.79 billion, a P/E ratio of 2,044.26, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31.

Pearson Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, September 16th. Stockholders of record on Thursday, August 8th were paid a dividend of GBX 7.40 ($0.10) per share. This represents a dividend yield of 0.7%. The ex-dividend date was Thursday, August 8th. Pearson's payout ratio is 4,600.00%.

Wall Street Analyst Weigh In

PSON has been the topic of several research analyst reports. Citigroup restated a "buy" rating and set a GBX 1,170 ($15.65) target price on shares of Pearson in a research report on Monday, July 8th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Pearson from GBX 1,050 ($14.04) to GBX 1,052 ($14.07) and gave the stock a "hold" rating in a research report on Friday, July 5th. Finally, Shore Capital reissued a "buy" rating on shares of Pearson in a research note on Monday, July 29th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of GBX 1,101.75 ($14.74).

About Pearson

Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education.