WH Smith’s (SMWH) Neutral Rating Reiterated at UBS Group

WH Smith (LON:SMWH)‘s stock had its “neutral” rating reiterated by UBS Group in a research note issued on Friday,London Stock Exchange reports. They presently have a GBX 600 price objective on the stock. UBS Group’s price target suggests a potential upside of 16.73% from the company’s current price.

A number of other research analysts have also recently issued reports on SMWH. Canaccord Genuity Group cut their price target on WH Smith from GBX 762 to GBX 680 and set a “buy” rating for the company in a report on Friday, April 24th. Royal Bank Of Canada cut their price target on WH Smith from GBX 675 to GBX 650 and set a “sector perform” rating for the company in a report on Monday, April 13th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, WH Smith currently has a consensus rating of “Hold” and an average price target of GBX 703.29.

WH Smith Stock Performance

WH Smith stock opened at GBX 514 on Friday. The stock has a 50-day simple moving average of GBX 543.57 and a 200 day simple moving average of GBX 609.74. 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 has a 12-month low of GBX 445.40 and a 12-month high of GBX 1,132. The stock has a market capitalization of £640.93 million, a price-to-earnings ratio of -5.32, a P/E/G ratio of 2.65 and a beta of 0.92.

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

Insider Buying and Selling

In other news, insider Leo Quinn acquired 17,764 shares of the stock in a transaction that occurred on Friday, April 24th. The stock was purchased at an average cost of GBX 560 per share, for a total transaction of £99,478.40. 1.03% of the stock is currently owned by insiders.

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.