Insider Selling: WH Smith PLC (LON:SMWH) Insider Sells £129,056.04 in Stock

WH Smith PLC (LON:SMWH) insider Robert Moorhead sold 10,194 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of GBX 1,266 ($15.94), for a total value of £129,056.04 ($162,518.62).

WH Smith Price Performance

Shares of WH Smith stock opened at GBX 1,253 ($15.78) on Monday. WH Smith PLC has a twelve month low of GBX 1,069 ($13.46) and a twelve month high of GBX 1,499 ($18.88). The firm has a market cap of £1.64 billion, a P/E ratio of 2,557.14, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. The firm’s 50-day simple moving average is GBX 1,372.52 and its 200-day simple moving average is GBX 1,262.83. The company has a debt-to-equity ratio of 326.20, a quick ratio of 0.42 and a current ratio of 0.64.

WH Smith Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Thursday, January 16th will be given a GBX 22.60 ($0.28) dividend. This represents a yield of 1.74%. This is a boost from WH Smith’s previous dividend of $11.00. The ex-dividend date of this dividend is Thursday, January 16th. WH Smith’s dividend payout ratio is 6,530.61%.

Wall Street Analysts Forecast Growth

SMWH has been the subject of several recent analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,600 ($20.15) target price on shares of WH Smith in a report on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 1,310 ($16.50) price target on shares of WH Smith in a research report on Thursday, September 12th. Finally, Canaccord Genuity Group cut their target price on shares of WH Smith from GBX 1,469 ($18.50) to GBX 1,460 ($18.39) and set a “buy” rating for the company in a research note on Thursday.

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.