John Wiley & Sons (WLY, $46.79) Q4revenue rose 4% year-over-year
John Wiley & Sons posted its fourth quarter results that showed a +2% year-over-year increase in total revenue of $546 million. The publishing company’s earnings per share came in at $0.76, climbing +4% from the year-ago quarter.
At constant currency, revenue was up +4% to $546 million, while earnings per share fell -6% to $1.08.
For full fiscal year 2023, the company now expects earnings per share in the range of $3.40-$3.75 lower than the consensus estimate of $4.33. Its revenue guidance is $2.10 billion-$2.14 billion, compared to the consensus revenue expectation of $2.19 billion.
WLY in downward trend: price expected to drop as it breaks its higher Bollinger Band on June 02, 2023
WLY broke above its upper Bollinger Band on June 02, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 37 similar instances where the stock broke above the upper band. In of the 37 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WLY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for WLY entered a downward trend on May 22, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 22, 2023. You may want to consider a long position or call options on WLY as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for WLY just turned positive on May 17, 2023. Looking at past instances where WLY's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
WLY moved above its 50-day moving average on June 02, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WLY advanced for three days, in of 327 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.052) is normal, around the industry mean (2.221). P/E Ratio (20.661) is within average values for comparable stocks, (23.566). Projected Growth (PEG Ratio) (1.874) is also within normal values, averaging (1.738). Dividend Yield (0.037) settles around the average of (0.039) among similar stocks. P/S Ratio (1.043) is also within normal values, averaging (17.273).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. WLY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. WLY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a publisher of print and electronic products
Industry PublishingBooksMagazines
WLY and
Correlation & Price change
A.I.dvisor indicates that over the last year, WLY has been loosely correlated with RELX. These tickers have moved in lockstep 42% of the time. This A.I.-generated data suggests there is some statistical probability that if WLY jumps, then RELX could also see price increases.
| Ticker / NAME | Correlation To WLY | 1D Price Change % | ||
|---|---|---|---|---|
| WLY | 100% | -0.55% | ||
| RELX - WLY | 42% Loosely correlated | -0.16% | ||
| GCI - WLY | 35% Loosely correlated | -11.11% | ||
| NYT - WLY | 35% Loosely correlated | -1.22% | ||
| PSO - WLY | 30% Poorly correlated | -0.59% | ||
| SCHL - WLY | 30% Poorly correlated | -4.08% | ||
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