WH Smith (LON:SMWH) Sets New 1-Year Low – Time to Sell?

WH Smith PLC (LON:SMWH)’s stock price reached a new 52-week low on Monday . The stock traded as low as GBX 872.50 ($11.15) and last traded at GBX 885 ($11.31), with a volume of 465372 shares changing hands. The stock had previously closed at GBX 930 ($11.88).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 1,600 ($20.44) price target on shares of WH Smith in a research report on Friday, February 28th.

WH Smith Trading Down 3.0 %

The firm has a market capitalization of £1.15 billion, a PE ratio of 18.49, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. The company has a debt-to-equity ratio of 253.13, a current ratio of 0.85 and a quick ratio of 0.42. The company has a fifty day moving average of GBX 1,127.48 and a 200-day moving average of GBX 1,228.02.

WH Smith Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Thursday, January 16th were paid a dividend of GBX 22.60 ($0.29) per share. The ex-dividend date of this dividend was Thursday, January 16th. This is an increase from WH Smith’s previous dividend of $11.00. This represents a dividend yield of 1.74%. WH Smith’s dividend payout ratio (DPR) is 66.01%.

WH Smith Company Profile

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas.