WH Smith (LON:SMWH) Insider Acquires 365,853 Shares

WH Smith PLC (LON:SMWH) insider Leo Quinn acquired 365,853 shares of the firm’s stock in a transaction on Wednesday, June 10th. The stock was purchased at an average price of GBX 410 per share, with a total value of £1,499,997.30.

Leo Quinn also recently made the following trade(s):

• On Friday, April 24th, Leo Quinn bought 17,764 shares of WH Smith stock. The shares were purchased at an average cost of GBX 560 per share, for a total transaction of £99,478.40.

WH Smith Price Performance

Shares of WH Smith stock traded down GBX 78.60 on Wednesday, hitting GBX 412.60. The company’s stock had a trading volume of 44,657,633 shares, compared to its average volume of 4,894,101. The company has a market capitalization of £514.49 million, a price-to-earnings ratio of -4.27, a price-to-earnings-growth ratio of 2.65 and a beta of 0.92. WH Smith PLC has a 1 year low of GBX 394.20 and a 1 year high of GBX 1,132. The company has a debt-to-equity ratio of 846.40, a quick ratio of 0.42 and a current ratio of 0.33. The firm has a fifty day moving average price of GBX 539.98 and a 200-day moving average price of GBX 607.12.

WH Smith (LON:SMWH) last announced its 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 for the quarter. As a group, sell-side analysts anticipate that WH Smith PLC will post 100.9372747 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on SMWH shares. UBS Group reaffirmed a “neutral” rating and issued a GBX 600 price target on shares of WH Smith in a research note on Friday, June 5th. Royal Bank Of Canada reduced their target price 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. Finally, Canaccord Genuity Group decreased their target price on WH Smith from GBX 762 to GBX 680 and set a “buy” rating on the stock in a research report on Friday, April 24th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of GBX 703.29.

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.