Situl Jobanputra Purchases 3,658 Shares of WH Smith (LON:SMWH) Stock

WH Smith PLC (LON:SMWH) insider Situl Jobanputra bought 3,658 shares of the stock in a transaction dated Wednesday, June 10th. The stock was purchased at an average cost of GBX 410 per share, with a total value of £14,997.80.

WH Smith Trading Down 16.0%

WH Smith stock traded down GBX 78.60 during mid-day trading on Wednesday, hitting GBX 412.60. The stock had a trading volume of 44,657,633 shares, compared to its average volume of 4,894,101. The stock has a 50-day simple moving average of GBX 539.98 and a two-hundred day simple moving average of 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. The stock has a market capitalization of £514.49 million, a PE ratio of -4.27, a P/E/G ratio of 2.65 and a beta of 0.92. WH Smith PLC has a 12 month low of GBX 394.20 and a 12 month high of GBX 1,132.

WH Smith (LON:SMWH) last released its earnings results on Thursday, April 23rd. The company reported GBX (20) earnings per share (EPS) for the quarter. The business had revenue of £748 million for the quarter. WH Smith had a negative net margin of 9.48% and a negative return on equity of 90.46%. As a group, sell-side analysts forecast that WH Smith PLC will post 100.9372747 EPS for the current year.

Wall Street Analyst Weigh In

SMWH has been the subject of several recent analyst reports. Canaccord Genuity Group lowered their price target on 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 set a GBX 600 price objective on shares of WH Smith in a research report on Friday, June 5th. Finally, Royal Bank Of Canada dropped their price objective 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. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target 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.