The analysts wrote, ?Pearson reported a soft set of full year results, impacted by tough operating conditions, unfavourable exchange rates and disposal of the 50% stake in FTSE International (the financial indices business). New Chief Executive, John Fallon, stamped his mark on the business by announcing a restructuring programme, which will accelerate the shift of Pearson?s education business towards digital and faster growth emerging markets.? Pearson PLC opened at 17.82 on Tuesday. Pearson PLC has a 1-year low of $17.09 and a 1-year high of $20.48. The stock?s 50-day moving average is currently $18.. The company has a market cap of $14.333 billion and a price-to-earnings ratio of 27.42.
Several other analysts have also recently commented on the stock. Analysts at UBS AG reiterated a ?buy? rating on shares of Pearson PLC in a research note to investors on Tuesday, February 26th. Separately, analysts at JPMorgan Chase reiterated an ?overweight? rating on shares of Pearson PLC in a research note to investors on Tuesday, February 26th. Finally, analysts at BNP Paribas reiterated an ?outperform? rating on shares of Pearson PLC in a research note to investors on Tuesday, February 26th. Six equities research analysts have rated the stock with a buy rating, three have assigned an overweight rating, eleven have assigned a hold rating, two have assigned an underweight rating, and four have given a sell rating to the company. The stock has a consensus rating of ?hold? and an average target price of $19.16.
The company also recently announced a semiannual dividend, which is scheduled for Wednesday, May 8th. Shareholders of record on Friday, April 5th will be paid a dividend of $0.46 per share. This represents a dividend yield of 5.14%. The ex-dividend date is Wednesday, April 3rd.
Pearson plc (Pearson) is an international media business covering education, business information and consumer publishing.