Insider Buying: WH Smith (LON:SMWH) Insider Purchases 3,658 Shares of Stock

WH Smith PLC (LON:SMWH) insider Situl Jobanputra acquired 3,658 shares of WH Smith stock in a transaction that occurred on Wednesday, June 10th. The stock was acquired at an average cost of GBX 410 per share, with a total value of £14,997.80.

WH Smith Stock Performance

WH Smith stock traded down GBX 78.60 during trading hours on Wednesday, reaching GBX 412.60. 44,657,633 shares of the company were exchanged, compared to its average volume of 4,894,101. WH Smith PLC has a 12 month low of GBX 394.20 and a 12 month high of GBX 1,132. The company has a current ratio of 0.33, a quick ratio of 0.42 and a debt-to-equity ratio of 846.40. The stock has a 50-day moving average of GBX 539.98 and a 200 day moving average of GBX 607.12. The firm has a market cap of £514.49 million, a price-to-earnings ratio of -4.27, a PEG ratio of 2.65 and a beta of 0.92.

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on SMWH shares. UBS Group reaffirmed a “neutral” rating and set a GBX 600 price objective on shares of WH Smith in a report on Friday, June 5th. Royal Bank Of Canada dropped their price target 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. Finally, Canaccord Genuity Group decreased their price objective on WH Smith from GBX 762 to GBX 680 and set a “buy” rating on the stock in a report on Friday, April 24th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, WH Smith has a consensus rating of “Hold” and a consensus target price of GBX 703.29.

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.