WH Smith PLC (LON:SMWH – Get Free Report) shares passed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of GBX 393.93 and traded as low as GBX 363.50. WH Smith shares last traded at GBX 374, with a volume of 3,193,383 shares traded.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on SMWH shares. JPMorgan Chase & Co. reduced their price target on WH Smith from GBX 575 to GBX 550 and set an “overweight” rating for the company in a research report on Thursday, September 17th. Canaccord Genuity Group cut their price objective on WH Smith from GBX 555 to GBX 535 and set a “buy” rating for the company in a report on Wednesday, September 16th. Finally, Berenberg Bank raised their target price on shares of WH Smith from GBX 420 to GBX 440 and gave the company a “hold” rating in a research note on Thursday, September 17th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of GBX 566.43.
Check Out Our Latest Research Report on WH Smith
WH Smith Price Performance
The company has a quick ratio of 0.42, a current ratio of 0.33 and a debt-to-equity ratio of 846.40. The firm has a market cap of £562.87 million, a P/E ratio of -3.87, a PEG ratio of 2.65 and a beta of 0.93. The business has a fifty day moving average of GBX 393.93 and a 200 day moving average of GBX 485.09.
WH Smith (LON:SMWH – Get Free Report) last announced its quarterly earnings results on Thursday, November 12th. The company reported GBX (68.70) earnings per share for the quarter. The business had revenue of GBX 162.50 billion for the quarter. WH Smith had a negative return on equity of 90.46% and a negative net margin of 9.48%. On average, sell-side analysts anticipate that WH Smith PLC will post 100.94 earnings per share for the current year.
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.
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