WH Smith (LON:SMWH) Insider Acquires 5,000 Shares of Stock

WH Smith PLC (LON:SMWH) insider Simon Emeny acquired 5,000 shares of the stock in a transaction dated Friday, June 26th. The stock was acquired at an average price of GBX 398 per share, for a total transaction of £19,900.

Simon Emeny also recently made the following trade(s):

• On Wednesday, June 10th, Simon Emeny bought 2,439 shares of WH Smith stock. The shares were acquired at an average price of GBX 410 per share, with a total value of £9,999.90.

WH Smith Stock Performance

SMWH stock traded down GBX 4.22 during midday trading on Monday, reaching GBX 396.18. 288,558 shares of the company’s stock traded hands, compared to its average volume of 4,706,560. The company has a current ratio of 0.33, a quick ratio of 0.42 and a debt-to-equity ratio of 1,244.71. WH Smith PLC has a 52-week low of GBX 378.60 and a 52-week high of GBX 1,120. The stock has a market cap of £494.01 million, a P/E ratio of -4.10, a PEG ratio of 2.65 and a beta of 0.92. The stock’s 50-day moving average is GBX 492.96 and its 200 day moving average is GBX 583.06.

WH Smith (LON:SMWH) last issued its quarterly earnings results on Thursday, April 23rd. The company reported GBX (20) earnings per share for the quarter. WH Smith had a negative return on equity of 105.35% and a negative net margin of 9.48%.The business had revenue of £748 million for the quarter. As a group, analysts anticipate that WH Smith PLC will post 100.9372747 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on SMWH shares. Berenberg Bank reduced their target price on shares of WH Smith from GBX 574 to GBX 420 and set a “hold” rating for the company in a report on Tuesday, June 16th. JPMorgan Chase & Co. lowered their price target on shares of WH Smith from GBX 700 to GBX 575 and set an “overweight” rating on the stock in a report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of WH Smith from GBX 550 to GBX 390 and set a “hold” rating for the company in a research report on Thursday, June 11th. Royal Bank Of Canada decreased their price target on WH Smith from GBX 675 to GBX 650 and set a “sector perform” rating on the stock in a report on Monday, April 13th. Finally, Canaccord Genuity Group dropped their target price on shares of WH Smith from GBX 680 to GBX 555 and set a “buy” rating for the company in a research report on Wednesday, June 24th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of GBX 570.

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.