William Hill (WMH) Reaches New 1-Year Low at $222.90

William Hill plc (LON:WMH) reached a new 52-week low during trading on Friday . The company traded as low as GBX 222.90 ($2.91) and last traded at GBX 226.60 ($2.96), with a volume of 3839608 shares. The stock had previously closed at GBX 230 ($3.01).

WMH has been the topic of a number of research reports. Shore Capital reaffirmed a “hold” rating on shares of William Hill in a report on Monday, June 25th. Peel Hunt raised shares of William Hill to a “hold” rating and set a GBX 305 ($3.99) price target on the stock in a report on Friday, July 27th. Goldman Sachs Group raised shares of William Hill to a “neutral” rating and lifted their price target for the stock from GBX 265 ($3.46) to GBX 286 ($3.74) in a report on Tuesday, August 7th. Morgan Stanley lowered their price target on shares of William Hill from GBX 355 ($4.64) to GBX 340 ($4.44) and set an “equal weight” rating on the stock in a report on Monday, August 13th. Finally, Credit Suisse Group reaffirmed an “outperform” rating on shares of William Hill in a report on Thursday, August 23rd. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 316.13 ($4.13).

William Hill (LON:WMH) last issued its earnings results on Friday, August 3rd. The gambling company reported GBX 9.10 ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX 13.50 ($0.18) by GBX (4.40) (($0.06)). William Hill had a net margin of 9.73% and a return on equity of 13.25%.

The firm also recently announced a dividend, which will be paid on Wednesday, November 28th. Shareholders of record on Thursday, October 25th will be issued a dividend of GBX 4.26 ($0.06) per share. The ex-dividend date is Thursday, October 25th. This represents a yield of 1.57%.

In other William Hill news, insider Ruth Prior bought 38,998 shares of the stock in a transaction on Wednesday, September 5th. The shares were acquired at an average price of GBX 258 ($3.37) per share, with a total value of £100,614.84 ($131,471.11).

About William Hill (LON:WMH)

William Hill PLC provides sports betting and gaming services in the United Kingdom, Australia, the United States, Italy, Spain, and internationally. It operates through Retail, Online, US, Australia, and Other segments. The company operates licensed betting offices that offer various betting and gaming services, including horseracing, greyhound racing, football betting, virtual racing, numbers betting, and other services.

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