This publishing company’s financials are improving across the board—debt to equity, profit margins and return on equity.
John Wiley & Sons Inc. (JWA)
From Positive Patterns
John Wiley & Sons Inc. (JWA) is a fine company—very unusual, and definitely one-of-a-kind. The company has done a superb job of growing during very tough times for the printing business.
JWA is in superb financial shape for future growth. The balance sheet is improving and free cash flow is showing good gains too. As well, John Wiley continues to do small, tack-on acquisitions that support the long-term growth plan. And so far, the plan is working quite well at JWA.
Content will always be in demand. They will be showing Andy Griffith reruns 100 years from now. How, where and when we watch TV has changed, but what we watch, not so much.And that’s the key.
JWA is a top-dog publisher that has branched out into all sorts of profitable online ventures mostly education/based (i.e., licensing, testing, learning-more about your chosen craft, research, and Newsletter/Journals).
John Wiley & Sons Inc. is a good buy up to $55.
Bob Howard, Positive Patterns, P.O. Box 310, Turners, MO 65765, 417-887-4486, April 14, 2017