Insider Buying: WH Smith (LON:SMWH) Insider Buys 12,195 Shares of Stock

WH Smith PLC (LON:SMWH) insider Helen Rose bought 12,195 shares of the stock in a transaction dated Wednesday, June 10th. The shares were bought at an average cost of GBX 410 per share, with a total value of £49,999.50.

WH Smith Stock Performance

Shares of WH Smith stock traded down GBX 78.60 on Wednesday, reaching GBX 412.60. 44,657,633 shares of the company were exchanged, compared to its average volume of 4,894,101. The firm has a market cap of £514.49 million, a price-to-earnings ratio of -4.27, a P/E/G ratio of 2.65 and a beta of 0.92. WH Smith PLC has a 1-year low of GBX 394.20 and a 1-year high of GBX 1,132. The company has a debt-to-equity ratio of 846.40, a quick ratio of 0.42 and a current ratio of 0.33. The company’s 50-day moving average is GBX 539.98 and its two-hundred day moving average is GBX 607.12.

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Royal Bank Of Canada reduced their price objective 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. UBS Group reaffirmed a “neutral” rating and set a GBX 600 target price on shares of WH Smith in a research note on Friday, June 5th. Finally, Canaccord Genuity Group decreased their price target on WH Smith from GBX 762 to GBX 680 and set a “buy” rating for the company in a research note on Friday, April 24th. Three 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 currently has a consensus rating of “Hold” and an average price target of GBX 703.29.

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.