WH Smith (LON:SMWH) Reaches New 12-Month Low – Should You Sell?

WH Smith PLC (LON:SMWH) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 406.16 and last traded at GBX 412.37, with a volume of 3884360 shares. The stock had previously closed at GBX 491.20.

Analysts Set New Price Targets

Several equities research analysts recently commented on SMWH shares. Canaccord Genuity Group cut their price target on shares of WH Smith from GBX 762 to GBX 680 and set a “buy” rating for the company in a report on Friday, April 24th. UBS Group reissued a “neutral” rating and issued a GBX 600 price target on shares of WH Smith in a report on Friday, June 5th. Finally, Royal Bank Of Canada cut their price target on shares of 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 issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of GBX 703.29.

WH Smith Stock Performance

The company has a market cap of £494.79 million, a PE ratio of -4.10, a price-to-earnings-growth ratio of 2.65 and a beta of 0.92. The firm’s fifty day moving average is GBX 539.98 and its 200 day moving average is GBX 607.12. The company has a current ratio of 0.33, a quick ratio of 0.42 and a debt-to-equity ratio of 846.40.

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 return on equity of 90.46% and a negative net margin of 9.48%.The business had revenue of £748 million for the quarter. As a group, research analysts predict that WH Smith PLC will post 100.9372747 EPS for the current fiscal year.

Insider Transactions at WH Smith

In other WH Smith news, insider Leo Quinn bought 17,764 shares of the stock in a transaction on Friday, April 24th. The shares were bought at an average price of GBX 560 per share, with a total value of £99,478.40. 1.05% of the stock is currently owned by company 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.