WH Smith (LON:SMWH) Insider Acquires £49,959 in Stock

WH Smith PLC (LON:SMWH) insider Helen Rose bought 11,102 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were purchased at an average cost 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 bought 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 LON SMWH opened at GBX 427 on Thursday. The company’s fifty day moving average price is GBX 424.38 and its 200 day moving average price is GBX 530.36. WH Smith PLC has a 1 year low of GBX 378.60 and a 1 year high of GBX 1,120. The company has a market capitalization of £642.63 million, a PE ratio of -4.42, a price-to-earnings-growth ratio of 2.65 and a beta of 0.93. The company has a debt-to-equity ratio of 846.40, a quick ratio of 0.42 and a current ratio of 0.33.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on SMWH shares. Berenberg Bank reduced 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. Deutsche Bank Aktiengesellschaft dropped their price objective on WH Smith from GBX 550 to GBX 390 and set a “hold” rating on the stock in a report on Thursday, June 11th. JPMorgan Chase & Co. cut their price objective on WH Smith from GBX 700 to GBX 575 and set an “overweight” rating for the company in a research report on Wednesday, June 17th. UBS Group reaffirmed a “neutral” rating and set a GBX 600 target price on shares of WH Smith in a research note on Friday, June 5th. Finally, Canaccord Genuity Group dropped their price target on shares of WH Smith from GBX 680 to GBX 555 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 570.

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.