WH Smith (LON:SMWH) Sets New 1-Year Low – Time to Sell?

WH Smith PLC (LON:SMWH)’s share price reached a new 52-week low on Monday . The company traded as low as GBX 387.40 and last traded at GBX 390.90, with a volume of 1094101 shares changing hands. The stock had previously closed at GBX 400.39.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SMWH shares. Royal Bank Of Canada lowered 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 report on Monday, April 13th. JPMorgan Chase & Co. cut their price target on WH Smith from GBX 700 to GBX 575 and set an “overweight” rating for the company in a report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft reduced their price target on WH Smith from GBX 550 to GBX 390 and set a “hold” rating for the company in a research report on Thursday, June 11th. UBS Group reiterated a “neutral” rating and set a GBX 600 price objective on shares of WH Smith in a research note on Friday, June 5th. Finally, Canaccord Genuity Group cut their target price on WH Smith from GBX 762 to GBX 680 and set a “buy” rating for the company in a research note on Friday, April 24th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, WH Smith has an average rating of “Hold” and a consensus target price of GBX 587.86.

WH Smith Stock Down 2.4%

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. The firm has a market cap of £487.43 million, a P/E ratio of -4.04, a price-to-earnings-growth ratio of 2.65 and a beta of 0.92. The stock’s fifty day moving average is GBX 514.19 and its two-hundred day moving average is GBX 593.24.

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

Insider Buying and Selling at WH Smith

In other WH Smith news, insider Leo Quinn bought 365,853 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were acquired at an average cost of GBX 410 per share, for a total transaction of £1,499,997.30. Also, insider Helen Rose purchased 12,195 shares of the stock in a transaction on Wednesday, June 10th. The stock was acquired at an average cost of GBX 410 per share, for a total transaction of £49,999.50. Insiders bought 438,494 shares of company stock valued at $182,447,140 over the last 90 days. Insiders own 1.05% of the company’s stock.

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.