Key Points
- Insider Helen Rose purchased 11,102 WH Smith shares at GBX 450 each, worth approximately £49,959. This follows a separate purchase of 12,195 shares valued at nearly £50,000 in June.
- WH Smith shares opened at GBX 445.81, with a market capitalization of about £670.95 million. The stock remains well below its one-year high of GBX 1,120 and has a high debt-to-equity ratio of 846.40.
- Analysts have broadly reduced their price targets, resulting in a consensus “Hold” rating and an average target of GBX 570; three analysts rate the stock Buy and four rate it Hold.
WH Smith PLC (LON:SMWH - Get Free Report) insider Helen Rose purchased 11,102 shares of the firm's stock in a transaction on Monday, August 10th. The stock was bought at an average price of GBX 450 per share, with a total value of £49,959.
Helen Rose also recently made the following trade(s):
- On Wednesday, June 10th, Helen Rose purchased 12,195 shares of WH Smith stock. The stock was purchased at an average price of GBX 410 per share, with a total value of £49,999.50.
WH Smith Stock Performance
Shares of SMWH opened at GBX 445.81 on Tuesday. The company has a market cap of £670.95 million, a PE ratio of -4.61, a price-to-earnings-growth ratio of 2.65 and a beta of 0.93. The firm has a 50-day moving average of GBX 427.39 and a 200-day moving average of GBX 533.90. WH Smith PLC has a one year low of GBX 378.60 and a one year high of GBX 1,120. The company has a debt-to-equity ratio of 846.40, a current ratio of 0.33 and a quick ratio of 0.42.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft cut their price objective 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. Berenberg Bank cut their price target on WH Smith from GBX 574 to GBX 420 and set a "hold" rating for the company in a report on Tuesday, June 16th. Royal Bank Of Canada reduced their price objective on shares of WH Smith from GBX 675 to GBX 650 and set a "sector perform" rating for the company in a research report on Monday, April 13th. JPMorgan Chase & Co. dropped their price objective on shares of WH Smith from GBX 700 to GBX 575 and set an "overweight" rating on the stock in a research report on Wednesday, June 17th. Finally, Canaccord Genuity Group cut their target price on shares of WH Smith from GBX 680 to GBX 555 and set a "buy" rating for the company in a research note on Wednesday, June 24th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, WH Smith currently has a consensus rating of "Hold" and an average price target of GBX 570.
Read Our Latest Stock Analysis on WH Smith
WH Smith Company Profile
(
Get Free Report)
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.
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