WH Smith’s (SMWH) Neutral Rating Reiterated at UBS Group

WH Smith (LON:SMWH)‘s stock had its “neutral” rating restated by research analysts at UBS Group in a report released on Friday,London Stock Exchange reports. They presently have a GBX 600 price objective on the stock. UBS Group’s target price would indicate a potential upside of 16.73% from the company’s previous close.

Other research analysts have also recently issued reports about the company. Royal Bank Of Canada reduced their target price on 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. Canaccord Genuity Group reduced their target price on WH Smith from GBX 762 to GBX 680 and set a “buy” rating for the company in a research report on Friday, April 24th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 703.29.

WH Smith Stock Up 1.2%

Shares of SMWH stock opened at GBX 514 on Friday. The stock has a market cap of £640.93 million, a P/E ratio of -5.32, a price-to-earnings-growth ratio of 2.65 and a beta of 0.92. WH Smith has a one year low of GBX 445.40 and a one year high of GBX 1,132. The stock has a fifty day moving average price of GBX 543.57 and a 200 day moving average price of GBX 609.74. The company has a debt-to-equity ratio of 846.40, a current ratio of 0.33 and a quick ratio of 0.42.

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

Insider Activity

In other news, insider Leo Quinn bought 17,764 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was bought at an average price of GBX 560 per share, for a total transaction of £99,478.40. Company insiders own 1.03% of the company’s stock.

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.