WH Smith (LON:SMWH) Releases Quarterly Earnings Results

WH Smith (LON:SMWH) issued its quarterly earnings results on Wednesday. The company reported GBX 23.40 ($0.31) EPS for the quarter, Digital Look Earnings reports. WH Smith had a return on equity of 17.78% and a net margin of 3.44%.

WH Smith Price Performance

Shares of LON SMWH opened at GBX 918.50 ($12.16) on Wednesday. The firm has a 50-day moving average of GBX 1,084.33 and a two-hundred day moving average of GBX 1,208.31. The company has a market capitalization of £1.18 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 2.65 and a beta of 1.67. The company has a current ratio of 0.85, a quick ratio of 0.42 and a debt-to-equity ratio of 253.13. WH Smith has a twelve month low of GBX 872.50 ($11.55) and a twelve month high of GBX 1,499 ($19.84).

WH Smith Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 16th were given a GBX 22.60 ($0.30) dividend. The ex-dividend date was Thursday, January 16th. This is a boost from WH Smith’s previous dividend of $11.00. This represents a yield of 1.74%. WH Smith’s payout ratio is 66.01%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,600 ($21.18) target price on shares of WH Smith in a research note on Friday, February 28th.

About WH Smith

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.