Smiths News (LON:SNWS) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Smiths News plc (LON:SNWS) shares crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of GBX 69.34 and traded as low as GBX 68. Smiths News shares last traded at GBX 68.60, with a volume of 8,234,520 shares.

Smiths News News Summary

Here are the key news stories impacting Smiths News this week:

• Positive Sentiment: Smiths News reported £1.04 billion in revenue and secured national distribution contracts worth about £375 million annually, providing a substantial base of contracted business. Smiths News Reports £1.04 Billion Revenue and Secures National Distribution Contracts Worth £375 Million Annually
• Positive Sentiment: Canaccord Genuity raised its price target to 105p from 95p, while Berenberg raised its target to 110p from 88p; both maintain Buy ratings. Canaccord Genuity Group recommendations Berenberg Bank recommendations
• Neutral Sentiment: The company outlined its “Go National” plans, and its earnings-call transcript offers further management commentary on strategy and performance. Smiths News outlines Go National plans H1 FY2026 earnings call transcript
• Negative Sentiment: Full-year profit declined, with coverage attributing pressure to the cost or impact of starting new contracts. This near-term earnings hit likely outweighs the longer-term benefit of the newly secured business for some investors. Smiths News shares slide on profit hit from new contracts Smiths News announces decline in full-year bottom line

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SNWS shares. Canaccord Genuity Group increased their price objective on shares of Smiths News from GBX 95 to GBX 105 and gave the stock a “buy” rating in a research note on Wednesday. Berenberg Bank boosted their target price on shares of Smiths News from GBX 88 to GBX 110 and gave the company a “buy” rating in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of GBX 103.33.

Smiths News Price Performance

The firm has a 50 day simple moving average of GBX 73.85 and a two-hundred day simple moving average of GBX 69.34. The company has a quick ratio of 0.83, a current ratio of 0.95 and a debt-to-equity ratio of 288.79. The stock has a market capitalization of £166.04 million, a P/E ratio of 6.41, a PEG ratio of 0.29 and a beta of 0.31.

Smiths News (LON:SNWS) last issued its quarterly earnings results on Wednesday, November 4th. The company reported GBX 11.30 earnings per share (EPS) for the quarter. Smiths News had a return on equity of 293.98% and a net margin of 2.35%. The company had revenue of GBX 103.62 billion for the quarter. On average, equities research analysts expect that Smiths News plc will post 10.56 earnings per share for the current year.

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.