WH Smith (LON:SMWH) Insider Acquires £49,999.50 in Stock

WH Smith PLC (LON:SMWH) insider Helen Rose bought 12,195 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was purchased at an average price of GBX 410 per share, with a total value of £49,999.50.

WH Smith Stock Down 16.0%

WH Smith stock traded down GBX 78.60 during midday trading on Wednesday, hitting GBX 412.60. 44,657,633 shares of the stock were exchanged, compared to its average volume of 4,894,101. WH Smith PLC has a 1 year low of GBX 394.20 and a 1 year high of GBX 1,132. The firm has a market cap of £514.49 million, a P/E ratio of -4.27, a P/E/G ratio of 2.65 and a beta of 0.92. The company has a debt-to-equity ratio of 846.40, a current ratio of 0.33 and a quick ratio of 0.42. The company has a 50 day moving average price of GBX 539.98 and a two-hundred day moving average price of GBX 607.12.

WH Smith (LON:SMWH) last posted its quarterly earnings data on Thursday, April 23rd. The company reported GBX (20) earnings per share 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 90.46%. On average, sell-side analysts predict that WH Smith PLC will post 100.9372747 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SMWH has been the topic of several research reports. Royal Bank Of Canada cut their price objective on WH Smith from GBX 675 to GBX 650 and set a “sector perform” rating on the stock in a research note on Monday, April 13th. UBS Group reiterated a “neutral” rating and issued a GBX 600 price target on shares of WH Smith in a report on Friday, June 5th. Finally, Canaccord Genuity Group dropped their price target 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 issued a Hold rating to the stock. According to data from MarketBeat, WH Smith currently has a consensus rating of “Hold” and a consensus target price of GBX 703.29.

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.