CJS Securities lifts John Wiley & Sons Inc [WLY] price estimate. Who else is bullish?

John Wiley & Sons Inc [NYSE: WLY] surged by $0.31 during the normal trading session on while it closed the day at $44.01.

John Wiley & Sons Inc stock has also gained 4.54% of its value over the past 7 days. However, WLY stock has declined by -13.18% in the 3 months of the year. Over the past six months meanwhile, it has lost -6.54% and gained 0.69% year-on date.

The market cap for WLY stock reached $2.38 billion, with 45.06 million shares outstanding and 41.98 million shares in the current float. Compared to the average trading volume of 354.02K shares, WLY reached a trading volume of 259903 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about John Wiley & Sons Inc [WLY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WLY shares is $58.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WLY stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

CJS Securities have made an estimate for John Wiley & Sons Inc shares, keeping their opinion on the stock as Market Outperform, with their previous recommendation back on September 08, 2022. The new note on the price target was released on August 29, 2022, representing the official price target for John Wiley & Sons Inc stock.

The Average True Range (ATR) for John Wiley & Sons Inc is set at 1.03, with the Price to Sales ratio for WLY stock in the period of the last 12 months amounting to 1.35. The Price to Book ratio for the last quarter was 3.15, with the Price to Cash per share for the same quarter was set at 1.40. Price to Free Cash Flow for WLY in the course of the last twelve months was 18.19 with Quick ratio for the last quarter at 0.61.

WLY stock trade performance evaluation

John Wiley & Sons Inc [WLY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.54. With this latest performance, WLY shares dropped by -3.89% in over the last four-week period, additionally sinking by -6.54% over the last 6 months – not to mention a rise of 37.40% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WLY stock in for the last two-week period is set at 46.01, with the RSI for the last a single of trading hit 55.10, and the three-weeks RSI is set at 42.86 for John Wiley & Sons Inc [WLY]. The present Moving Average for the last 50 days of trading for this stock 47.37, while it was recorded at 43.13 for the last single week of trading, and 44.37 for the last 200 days.

John Wiley & Sons Inc [WLY]: An insightful look at the core fundamentals

John Wiley & Sons Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.61 and a Current Ratio set at 0.66.

Earnings per share (EPS) analysis for John Wiley & Sons Inc [WLY] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WLY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for John Wiley & Sons Inc go to 7.50%.

John Wiley & Sons Inc [WLY]: Institutional Ownership

There are presently around $93.01%, or 102.82%% of WLY stock, in the hands of institutional investors. The top three institutional holders of WLY stocks are: BLACKROCK INC. with ownership of 6.31 million shares, which is approximately 11.565%. VANGUARD GROUP INC, holding 5.37 million shares of the stock with an approximate value of $$218.46 million in WLY stocks shares; and VANGUARD GROUP INC, currently with $$138.37 million in WLY stock with ownership which is approximately 6.2278%.