Smiths News (LON:SNWS – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX 11.30 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Smiths News had a return on equity of 350.65% and a net margin of 2.59%. The firm had revenue of GBX 103.62 billion during the quarter.
Smiths News Stock Performance
Smiths News stock traded down GBX 7.94 during trading on Wednesday, hitting GBX 73.26. The stock had a trading volume of 5,035,210 shares, compared to its average volume of 718,146. The stock’s 50 day moving average is GBX 73.77 and its two-hundred day moving average is GBX 69.32. Smiths News has a 1 year low of GBX 59.60 and a 1 year high of GBX 86. The stock has a market cap of £177.32 million, a price-to-earnings ratio of 6.85, a price-to-earnings-growth ratio of 0.29 and a beta of 0.31. The company has a quick ratio of 0.83, a current ratio of 0.90 and a debt-to-equity ratio of 501.69.
Analysts Set New Price Targets
Several research firms recently weighed in on SNWS. Berenberg Bank increased their price target on shares of Smiths News from GBX 88 to GBX 110 and gave the company a “buy” rating in a research report on Wednesday. Canaccord Genuity Group lifted their price objective on shares of Smiths News from GBX 95 to GBX 105 and gave the stock a “buy” rating in a research report on Wednesday. Three analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Smiths News presently has a consensus rating of “Buy” and a consensus price target of GBX 103.33.
Check Out Our Latest Stock Report on Smiths News
About Smiths News
In 1792 we started delivering the nation’s newspapers. Today, we’re proud to be the UK’s largest wholesaler of newspapers and magazines, serving 24,000 retailers from superstores to corner shops.
Service and efficiency put us at the forefront of our industry and with 55% market share we are the leading player in one of the world’s fastest-moving supply chains. Our teams go further, when others stop, striving to meet the highest standards in all we do.
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