WH Smith (LON:SMWH) Hits New 12-Month Low – What’s Next?

WH Smith PLC (LON:SMWH) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 470 and last traded at GBX 472.20, with a volume of 363670 shares trading hands. The stock had previously closed at GBX 490.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on SMWH. Berenberg Bank reduced their target price on shares of WH Smith from GBX 700 to GBX 667 and set a “hold” rating for the company in a research note on Monday, January 19th. Canaccord Genuity Group reduced their target price on shares of WH Smith from GBX 762 to GBX 680 and set a “buy” rating for the company in a research note on Friday, April 24th. Finally, Royal Bank Of Canada reduced their target price on shares of WH Smith from GBX 675 to GBX 650 and set a “sector perform” rating for the company in a research note on Monday, April 13th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, WH Smith has an average rating of “Moderate Buy” and a consensus price target of GBX 720.50.

WH Smith Price Performance

The stock’s 50 day moving average price is GBX 576.03 and its two-hundred day moving average price is GBX 631.93. The company has a debt-to-equity ratio of 846.40, a current ratio of 0.33 and a quick ratio of 0.42. The firm has a market capitalization of £581.58 million, a price-to-earnings ratio of -4.82, a PEG ratio of 2.65 and a beta of 0.92.

WH Smith (LON:SMWH) last issued its quarterly earnings results on Thursday, April 23rd. The company reported GBX (20) EPS for the quarter. WH Smith had a negative return on equity of 90.46% and a negative net margin of 9.48%.The business had revenue of £748 million during the quarter. On average, equities research analysts anticipate that WH Smith PLC will post 100.9372747 EPS for the current year.

Insider Transactions at WH Smith

In related news, insider Leo Quinn bought 17,764 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were acquired at an average price of GBX 560 per share, with a total value of £99,478.40. Company insiders own 1.03% of the company’s stock.

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. The High Street segment sells stationery products, including greeting cards, general stationery, art and craft, and gifting products; news and impulse products, such as newspapers, magazines, confectionery, and drinks; and books.