WH Smith (LON:SMWH) Hits New 52-Week Low – What’s Next?

WH Smith PLC (LON:SMWH)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 585.50 and last traded at GBX 657.50, with a volume of 930129 shares. The stock had previously closed at GBX 613.50.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on SMWH shares. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of WH Smith in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft cut their target price on WH Smith from GBX 1,030 to GBX 726 and set a “hold” rating for the company in a research report on Thursday, August 21st. Berenberg Bank downgraded WH Smith to a “hold” rating and decreased their target price for the company from GBX 1,600 to GBX 700 in a research note on Thursday, September 11th. Finally, Peel Hunt cut WH Smith to a “hold” rating and lowered their price target for the stock from GBX 1,400 to GBX 755 in a report on Thursday, August 21st. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 998.20.

WH Smith Price Performance

The firm’s fifty day simple moving average is GBX 663.47 and its 200 day simple moving average is GBX 879.49. The firm has a market cap of £807.50 million, a P/E ratio of 144.06, a P/E/G ratio of 2.65 and a beta of 1.67. The company has a debt-to-equity ratio of 253.13, a quick ratio of 0.42 and a current ratio of 0.85.

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.