11.94 0.00 (0.00%)
After hours: 4:39PM EST
|Bid||0.00 x 3100|
|Ask||0.00 x 800|
|Day's Range||11.84 - 12.10|
|52 Week Range||8.94 - 12.73|
|Beta (3Y Monthly)||0.33|
|PE Ratio (TTM)||11.76|
|Forward Dividend & Yield||0.24 (2.00%)|
|1y Target Est||9.40|
The education publisher Pearson has insisted it is making progress in its battle to protect its lucrative US college business from an assault by Amazon as it sought to restore investor confidence with a solid trading update.
PEARSON is still struggling to turn around its key US arm, but thinks it will return to profit growth this year. The education group, best known for owning the Financial Times until 2015, has endured a miserable run until recently, with profit warnings smashing the share price and questions being raised about chief executive John Fallon’s abilities.
Britain's top stock index climbed on Wednesday, with Pearson's outlook impressing the market, while mid-cap Mediclinic sank by a fifth after its results missed estimates. The FTSE 100 (.FTSE) was up 0.3 percent by 0835 GMT after weaker-than-expected inflation data took the pound down a notch. Shares in education publisher Pearson (PSON.L) topped the FTSE with a 3.9 percent rise after it stuck to its target of returning to profit this year.
Trading updates from a number of European companies, including Danone, Pearson and Roche made the headlines on a busy day of corporate news in the region.
Fallon said Pearson was on track to return to underlying profit growth, in a third-quarter sales statement Wednesday, as he tries to bounce back from years of weakness driven by lower rates of college enrolment in the U.S. and students renting textbooks instead of buying them. Fallon has cut 10,000 jobs since becoming CEO in 2013.
Sprint Corp. (NYSE:S) shares are trading around $6.41 with a price-sales ratio of 0.80 and a price-earnings ratio of 3.54. The company, which supplies wireless and wireline communications products, has a market cap of $26.08 billion. The discounted cash flow calculator gives the stock a fair value of $19.37, suggesting it is undervalued with a 67% margin of safety.
If you want to know who really controls Pearson plc (LON:PSON), then you’ll have to look at the makeup of its share registry. Institutions often own shares in more established Read More...
German publishing group Bertelsmann said on Monday it was buying U.S. online education provider OnCourse Learning from private equity firm CIP Capital in a deal worth around $500 million. The acquisition backs Bertelsmann's push into digital education and training, and will boost its presence in the United States, a growth market which already contributes around a fifth of its sales.
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Historically, Pearson plc (LON:PSON) has paidRead More...
Investors who want to cash in on Pearson plc’s (LON:PSON) upcoming dividend of UK£0.055 per share have only 2 days left to buy the shares before its ex-dividend date, 16Read More...
British education publisher Pearson (PSON.L) said it was on track to return to underlying profit growth this year after demand for digital course material in the United States helped it report slightly better-than-expected first-half results. Shares in the 174-year-old group were up 3 percent in early trading as Pearson, which earns around 80 percent of its income in the second half, said its transformation to a digital provider was taking shape. The company has been through a tumultuous few years, with Chief Executive John Fallon forced to cut thousands of jobs and sell assets such as the Financial Times newspaper to fund a move into ebooks, rental schemes and online courses.
I am writing today to help inform people who are new to the stock market and want a simplistic look at the return on Pearson plc (LON:PSON) stock. Pearson plcRead More...
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With an ROE of 10.15%, Pearson plc (LSE:PSON) outpaced its own industry which delivered a less exciting 9.95% over the past year. While the impressive ratio tells us that PSONRead More...
Pearson (PSON.L), the world's biggest education company, could move out of its London Strand headquarters as part of its latest drive to cut costs after U.S. students stopped buying so many textbooks. A move from its home of 18 years would mark a significant step for Pearson's executives who are based on the top floors of an Art Deco building on the Strand, next to the Savoy Hotel and close to the Thames. "We are committed to a London HQ," said Ben Almond, Pearson's global head of property.
Pearson plc (LSE:PSON) trades with a trailing P/E of 18.5x, which is lower than the industry average of 20.9x. Although some investors may jump to the conclusion that this isRead More...
Britain's leading stock index was lifted by strong results from British Airways owner IAG, while HSBC joined French banks in reporting weaker profit which hit its shares. A weak pound, which gives an accounting boost to companies whose earnings are in dollars, also helped Britain's FTSE 100 (.FTSE) to close up 0.86 percent on the day. IAG (ICAG.L) was up 5.8 percent and near a four-month high after a 75 percent jump in quarterly profit.
“Small but beautiful” was how analysts at Citi described Pearson today after the academic publisher reported a positive start to the year. Shares shot 39.2p higher to 870p as Catherine O’Neill at Citi said Pearson’s turnaround now looks firmly on track. Pearson confirmed it should deliver operating profit of between £520 million and £560 million for the year, and its target of hitting £300 million of annualised cost savings by 2020 remains on course.
British education publishing company Pearson (PSON.L) said it was on track to return to underlying profit growth this year after revenue rose 1 percent in the first quarter - the quietest for a firm aligned to the academic year. Chief Executive John Fallon said Pearson had made a good start to 2018, and it still expected to report its first rise in profit for six years in 2018. Pearson has struggled to adapt quickly enough to the shift to digital and changes in the education market in recent years, resulting in a string of profit warnings.