WH Smith PLC (LON:SMWH) Receives GBX 570 Average Target Price from Analysts

Shares of WH Smith PLC (LON:SMWH) have earned an average rating of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 570.

Several brokerages have commented on SMWH. JPMorgan Chase & Co. dropped their price objective on WH Smith from GBX 700 to GBX 575 and set an “overweight” rating on the stock in a report on Wednesday, June 17th. UBS Group reaffirmed a “neutral” rating and set a GBX 600 target price on shares of WH Smith in a research note on Friday, June 5th. Deutsche Bank Aktiengesellschaft decreased their target price on WH Smith from GBX 550 to GBX 390 and set a “hold” rating on the stock in a research report on Thursday, June 11th. Canaccord Genuity Group dropped their price target on shares of WH Smith from GBX 680 to GBX 555 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. Finally, Berenberg Bank dropped their price target on shares of WH Smith from GBX 574 to GBX 420 and set a “hold” rating on the stock in a research note on Tuesday, June 16th.

Insider Buying and Selling at WH Smith

In related news, insider Max Izzard bought 36,585 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were acquired at an average price of GBX 410 per share, for a total transaction of £149,998.50. Also, insider Leo Quinn bought 365,853 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was bought at an average price of GBX 410 per share, for a total transaction of £1,499,997.30. Over the last quarter, insiders bought 443,494 shares of company stock valued at $184,437,140. Insiders own 0.88% of the company’s stock.

WH Smith Trading Down 0.3%

SMWH stock opened at GBX 412.40 on Wednesday. WH Smith has a 52-week low of GBX 378.60 and a 52-week high of GBX 1,120. The company has a quick ratio of 0.42, a current ratio of 0.33 and a debt-to-equity ratio of 846.40. The firm has a market cap of £620.66 million, a P/E ratio of -4.26, a PEG ratio of 2.65 and a beta of 0.92. The company’s 50-day simple moving average is GBX 441.84 and its 200-day simple moving average is GBX 553.91.

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

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.