||EPS - Basic
||Market Cap (m)
Pearson Share Discussion Threads
Showing 851 to 871 of 875 messages
|Was that the bottom?|
|2 director purchases this afternoon, the CEO and CFO.|
|PSON looking a bit shaky at the moment. I listened to the management giving a presentation and was particularly interested to listen to the Q and A session where various analysts gave quite a grilling asking searching questions. The way that Pearson do business is changing drastically with the move to digital. Management seem very confident that they will meet earnings forecasts and in the short term are confident that the dividend will be maintained. It is a tempting buy for the dividend, but catching the bottom of the share price dip may be difficult!|
|US Higher Ed still a huge drag --- but I expect them to hit the lower end of their much reduced (and kitchen sinked) expectations for this year, especially with the pound decline against the Dollar.
For me the huge problem going forwards is the 2018+ earnings forecasts which look hugely over-optimistic. £800m+? Not a chance IMO.
Execution errors at the moment too - technical issues abound in digital for the new term and reputational damage has been done.
I sold my shares last year and would not buy back here.|
|Does anyone know why there has been a marked drop in share price today?|
|X divi today .|
|joe public being bombarded with advertising
on the box and the press, seems to be heading for a turn off,
what is genuine anymore?
chart says lower,
edit, share price should'nt fall for two consecutive days before going x-d, ???
what we need is Olympic type messages from financial editors
to take this country back to financial wealth, and not just for those in the city
Health education first, ignore EU rules, start process of a BAN on Microbeads
watch the Pharma's
|Sold out of PSON,and put the proceeds into ITV|
|"Pearson hosts an investor day this Friday June 17th. Ahead of this, we highlight what we would like to hear from management in order to strengthen our current view from a marginal (valuation-based)... Ahead of the event, we make no changes to estimates... arguing that the 6.5% dividend yield continues to over-compensate (marginally) for the corporate risk."
Panmure note out this morning on Research Tree|
|PSON,Now moving North toward £9.|
|Many thanks on your evaluation.|
|Hi, not a holder but been watching a long time as it drifted down ( and back up a bit ). I hold BMY, because of publishing mainly, rather than education. I watch Houghton Mifflin Harcourt a US stock too ( possibly got better catalysts ). I think PSON will sell the rest of Penguin at some point, but not sure what that will mean, still evaluating. I'm not convinced there's a catalyst here for a good while. Bmy feels much more nimble to gain from education copyright and changes in learning and the market. Not much help I realise. GL.|
|Have any shareholders in PSON,got any comments or where they think PSON is going ?|
|Things looking up then.Decent figures,which the Market liked.Dividend 52p.Yield 6.2% and the Company is looking good in the longer term.Looking to simplify the business and reduce cost.|
|Group hug then !|
|I'm here too|
|I'm here .|
|Are there any PSON Investors using ADVFN now ?|
|PSON Pearson.......... media
Strong update today with cost cuttings, the market likes it. Chart shows positive divergence between the share price and the Momentum indicator, a bullish sign. (marked in red) channel developed and share price broken through it.
The mid-point of the new guidance is c-9% below Bloomberg consensus operating profit and c-13% below consensus adj EPS, though we acknowledge that consensus was factoring in some elevated restructuring charges being included in EPS, and therefore ex restructuring charges guidance is further below consensus, in large part due to higher disposals.
We make the following changes to our estimates:
2016E: We reduce our organic revenue growth across all divisions (to -3.7% for
the group), especially in North America (JPMe -5.2%) given the continued tough
trading environment and known testing contract losses. Our revenues are broadly
stable given recent US$ strength (we now assume £:$ 1.43). Our operating profit
falls from £681m to £586m with c-£20m the lower 2015 starting base, c-£40m
due to college book disposals, +£250m extra cost savings benefit, -£110m of
incentive compensation, and remainder due to underlying market conditions
(higher ed enrolment pressure, smaller K-12 adoption year etc) and other
operational factors (including cost base inflation net of FX, cost of back office
simplification and extra product amortisation). Our adj EPS falls -18% to 51.7p
as a result of the reduction in our EBITA, together with an increase in our
assumed tax rate (from 17.5% to 19%). We estimate 1.0x dividend cover
(assuming a flat 52p dividend) and 1.3x end 2016E Net Debt/EBITDA.
2017E: The lower starting base of operating profit is broadly offset by the
additional £100m of cost savings expected. Again, our EPS reduces by slightly
more than the reduction in our operating profit due to a higher assumed tax rate.
We estimate 1.2x dividend coverage and 1.2x end 17E ND/EBITDA.
Last, we note that in 2018 we look for £800m of operating profit, which is slightly
higher than our previous estimate, and assumes that the company’s new products
have good operating leverage and that education market conditions have normalised.|