Simon Emeny Acquires 5,000 Shares of WH Smith (LON:SMWH) Stock

WH Smith PLC (LON:SMWH) insider Simon Emeny bought 5,000 shares of the firm’s stock in a transaction on Friday, June 26th. The stock was purchased at an average cost of GBX 398 per share, with a total value of £19,900.

Simon Emeny also recently made the following trade(s):

• On Wednesday, June 10th, Simon Emeny bought 2,439 shares of WH Smith stock. The stock was purchased at an average price of GBX 410 per share, for a total transaction of £9,999.90.

WH Smith Stock Down 1.1%

Shares of LON:SMWH traded down GBX 4.22 during trading on Monday, reaching GBX 396.18. 288,558 shares of the stock traded hands, compared to its average volume of 4,706,560. The stock has a market cap of £494.01 million, a P/E ratio of -4.10, a price-to-earnings-growth ratio of 2.65 and a beta of 0.92. The company has a debt-to-equity ratio of 1,244.71, a quick ratio of 0.42 and a current ratio of 0.33. The stock has a 50-day moving average of GBX 492.96 and a two-hundred day moving average of GBX 583.06. WH Smith PLC has a 52-week low of GBX 378.60 and a 52-week high of GBX 1,120.

WH Smith (LON:SMWH) last released its quarterly earnings data on Thursday, April 23rd. The company reported GBX (20) earnings per share (EPS) for the quarter. WH Smith had a negative net margin of 9.48% and a negative return on equity of 105.35%. The business had revenue of £748 million during the quarter. As a group, sell-side analysts expect that WH Smith PLC will post 100.9372747 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on SMWH. UBS Group reaffirmed a “neutral” rating and set a GBX 600 price objective on shares of WH Smith in a research report on Friday, June 5th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of WH Smith from GBX 550 to GBX 390 and set a “hold” rating on the stock in a research note on Thursday, June 11th. Canaccord Genuity Group dropped their price target on shares of WH Smith from GBX 680 to GBX 555 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Royal Bank Of Canada decreased their price objective on shares of WH Smith from GBX 675 to GBX 650 and set a “sector perform” rating for the company in a report on Monday, April 13th. Finally, Berenberg Bank lowered their price objective on shares of WH Smith from GBX 574 to GBX 420 and set a “hold” rating on the stock in a research report on Tuesday, June 16th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, WH Smith presently has an average rating of “Hold” and an average price target of GBX 570.

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.