WH Smith (LON:SMWH) Insider Buys £149,998.50 in Stock

WH Smith PLC (LON:SMWH) insider Max Izzard acquired 36,585 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was acquired at an average price of GBX 410 per share, for a total transaction of £149,998.50.

WH Smith Price Performance

LON:SMWH traded down GBX 78.60 during mid-day trading on Wednesday, hitting GBX 412.60. 44,657,633 shares of the company’s stock traded hands, compared to its average volume of 4,894,101. The company has a debt-to-equity ratio of 846.40, a quick ratio of 0.42 and a current ratio of 0.33. The firm’s 50 day simple moving average is GBX 539.98 and its 200 day simple moving average is GBX 607.12. WH Smith PLC has a 1 year low of GBX 394.20 and a 1 year high of GBX 1,132. The company has a market cap of £514.49 million, a PE ratio of -4.27, a price-to-earnings-growth ratio of 2.65 and a beta of 0.92.

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on SMWH. Royal Bank Of Canada reduced their price objective on WH Smith from GBX 675 to GBX 650 and set a “sector perform” rating on the stock in a research report on Monday, April 13th. UBS Group restated a “neutral” rating and issued a GBX 600 target price on shares of WH Smith in a report on Friday, June 5th. Finally, Canaccord Genuity Group lowered their price target on shares of WH Smith from GBX 762 to GBX 680 and set a “buy” rating for the company in a report on Friday, April 24th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of GBX 703.29.

About WH Smith

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.