Pearson (LON:PSON) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?
by Teresa Graham · The Cerbat GemShares of Pearson plc (LON:PSON – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,120.81 and traded as high as GBX 1,167.50. Pearson shares last traded at GBX 1,161.05, with a volume of 1,570,142 shares trading hands.
Analysts Set New Price Targets
Several research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Pearson from GBX 1,033 to GBX 1,130 and gave the stock a “hold” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. decreased their target price on Pearson from GBX 1,420 to GBX 1,360 and set a “neutral” rating on the stock in a research report on Thursday. Finally, Citigroup upped their price target on Pearson from GBX 1,300 to GBX 1,345 and gave the company a “neutral” rating in a report on Wednesday, September 2nd. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of GBX 1,278.33.
Get Our Latest Stock Analysis on Pearson
Pearson Price Performance
The stock has a market cap of £6.98 billion, a price-to-earnings ratio of 23.24, a price-to-earnings-growth ratio of 0.83 and a beta of 0.34. The company has a quick ratio of 1.07, a current ratio of 2.00 and a debt-to-equity ratio of 52.56. The company’s 50-day moving average is GBX 1,225.38 and its 200-day moving average is GBX 1,122.42.
Pearson (LON:PSON – Get Free Report) last issued its earnings results on Friday, July 31st. The company reported GBX 28.90 earnings per share (EPS) for the quarter. Pearson had a return on equity of 9.13% and a net margin of 8.78%.
About Pearson
At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn’t just what we do.