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

WH Smith PLC (LON:SMWH)’s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 470 and last traded at GBX 472.20, with a volume of 363670 shares traded. The stock had previously closed at GBX 490.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Canaccord Genuity Group dropped their target price on shares of WH Smith from GBX 762 to GBX 680 and set a “buy” rating on the stock in a research report on Friday, April 24th. Royal Bank Of Canada dropped their target price on shares of WH Smith from GBX 675 to GBX 650 and set a “sector perform” rating on the stock in a research report on Monday, April 13th. Finally, Berenberg Bank dropped their target price on shares of WH Smith from GBX 700 to GBX 667 and set a “hold” rating on the stock in a research report on Monday, January 19th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 720.50.

WH Smith Price Performance

The stock’s 50-day moving average is GBX 576.03 and its 200 day moving average is GBX 631.93. The stock has a market capitalization of £581.58 million, a PE ratio of -4.82, a P/E/G ratio of 2.65 and a beta of 0.92. The company has a quick ratio of 0.42, a current ratio of 0.33 and a debt-to-equity ratio of 846.40.

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

Insider Buying and Selling

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

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. 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.