Pearson (LON:PSON - Get Free Report) issued its quarterly earnings data on Friday. The company reported GBX 62.10 ($0.78) earnings per share for the quarter, Digital Look Earnings reports. Pearson had a net margin of 9.83% and a return on equity of 8.98%.
Pearson Price Performance
PSON stock traded down GBX 11.50 ($0.14) during midday trading on Monday, reaching GBX 1,350 ($17.02). The company had a trading volume of 1,886,521 shares, compared to its average volume of 6,511,693. The company has a market capitalization of £9.12 billion, a price-to-earnings ratio of 26.17, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31. The company has a debt-to-equity ratio of 42.49, a current ratio of 1.78 and a quick ratio of 1.07. Pearson has a 1-year low of GBX 925.20 ($11.66) and a 1-year high of GBX 1,401 ($17.66). The stock has a 50 day moving average price of GBX 1,311.50 and a 200-day moving average price of GBX 1,181.36.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. lifted their price target on shares of Pearson from GBX 1,400 ($17.65) to GBX 1,450 ($18.28) and gave the company an "overweight" rating in a research report on Tuesday, January 14th.
Get Our Latest Stock Analysis on PSON
Insiders Place Their Bets
In other news, insider Sherry Coutu purchased 731 shares of Pearson stock in a transaction that occurred on Friday, December 13th. The shares were acquired at an average price of GBX 1,282 ($16.16) per share, for a total transaction of £9,371.42 ($11,813.21). Also, insider Omar Abbosh sold 77,989 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of GBX 1,296 ($16.34), for a total transaction of £1,010,737.44 ($1,274,092.32). Corporate insiders own 0.35% of the company's stock.
About Pearson
(
Get Free Report)
At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That's why our c.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world's leading learning company, serving customers in c.200 countries with digital content, assessments, qualifications, and data.
Further Reading
Before you consider Pearson, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pearson wasn't on the list.
While Pearson currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
