About John Wiley & Sons
John Wiley & Sons (JW.A) is a $2.92 billion company. Wiley’s Global Research business is a provider of content-enabled solutions to improve outcomes in research, education, and professional practice with online tools, journals, books, databases, reference works, and laboratory protocols. The Wiley online library provides access to a broad range of content: more than 4 million articles from 1,500 journals, over 9,000 books, and numerous reference works and databases.
As seen in the chart below, the price movements of John Wiley & Sons on a weekly, monthly, and year-to-date are -0.46%, -3.63%, and -14.81%, respectively. The iShares Morningstar Small Value ETF (JKL) invests 0.57% of its holdings in John Wiley & Sons.
4Q15 performance of John Wiley & Sons
John Wiley & Sons reported net revenue of $441.646 million, with a 5.2% decrease in 4Q15 when compared with its 3Q15 revenue of $465.905 million. The revenue from research increased by 11.4%, and the revenue from professional development and education decreased by 8.1% and 39.9%, respectively. In 4Q15, the company’s overall net income increased by 10.22% to $46.897 million.
The company’s current assets increased by 20.68% on a quarterly basis. The debt-to-equity ratio decreased by 7%, making it less risky while paying long-term debt.
Performance of John Wiley & Sons in 1Q16
According to its 1Q16 earnings report, John Wiley & Sons’ net revenue decreased by 4.2% to $422.981 million in 1Q16, compared to its 4Q15 net revenue of $441.646 million. On a quarter-over-quarter basis, the revenue from its research and professional segments decreased 13.5% and 1.7%, respectively, and its education segment revenue increased by 30.6%. In 1Q16, the company’s gross profit and earnings per share numbers fell by 22.6% and 30.3%, respectively.
In 1Q16, John Wiley & Sons invested $198.889 million with a 3% increase in technology, property, and equipment. The company’s current ratio rose to 1.07 in 1Q16, compared to the current ratio of 0.92 in 4Q15.