Pearson plc (LON:PSON - Get Free Report) insider Sherry Coutu acquired 922 shares of the business's stock in a transaction on Monday, September 30th. The shares were bought at an average cost of GBX 1,017 ($13.60) per share, with a total value of £9,376.74 ($12,542.46).
Pearson Price Performance
Shares of PSON stock opened at GBX 1,022.13 ($13.67) on Wednesday. The stock has a 50 day moving average price of GBX 1,042.66 and a 200 day moving average price of GBX 1,007.48. Pearson plc has a 52-week low of GBX 855.40 ($11.44) and a 52-week high of GBX 1,084 ($14.50). 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 firm has a market capitalization of £6.79 billion, a P/E ratio of 2,044.26, a P/E/G ratio of 0.83 and a beta of 0.31.
Pearson Cuts Dividend
The business 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 dividend payout ratio is currently 4,600.00%.
Analyst Upgrades and Downgrades
PSON has been the subject of several research analyst reports. Citigroup reaffirmed a "buy" rating and set a GBX 1,170 ($15.65) target price on shares of Pearson in a research note on Monday, July 8th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Pearson from GBX 1,050 ($14.04) to GBX 1,052 ($14.07) and gave the company a "hold" rating in a report on Friday, July 5th. Finally, Shore Capital reaffirmed 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 assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,101.75 ($14.74).
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Pearson Company Profile
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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.
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