Pearson (LON:PSON) Reaches New 52-Week High – Still a Buy?

Posted by Editorial Team on Jan 8th, 2025

Pearson plc (LON:PSON – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 1,305 ($16.28) and last traded at GBX 1,302.50 ($16.25), with a volume of 1058129 shares. The stock had previously closed at GBX 1,288 ($16.07).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lifted their price objective on Pearson from GBX 1,170 ($14.60) to GBX 1,400 ($17.47) and gave the company an “overweight” rating in a report on Wednesday, December 11th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,146.75 ($14.31).

Read Our Latest Analysis on PSON

Pearson Price Performance

The company’s 50-day moving average is GBX 1,228.67 and its 200-day moving average is GBX 1,094.61. The firm has a market cap of £8.64 billion, a price-to-earnings ratio of 2,601.00, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31. The company has a current ratio of 1.78, a quick ratio of 1.07 and a debt-to-equity ratio of 43.56.

Insider Buying and Selling at Pearson

In related news, insider Omar Abbosh sold 77,989 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of GBX 1,296 ($16.17), for a total transaction of £1,010,737.44 ($1,260,900.00). Also, insider Sherry Coutu acquired 731 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was bought at an average cost of GBX 1,282 ($15.99) per share, with a total value of £9,371.42 ($11,690.89). Company insiders own 0.35% of the company’s stock.

Pearson Company Profile

(Get Free Report)

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.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world’s leading learning company, serving customers in c.200 countries with digital content, assessments, qualifications, and data.