WH Smith (LON:SMWH) Reaches New 12-Month Low – Should You Sell?

WH Smith PLC (LON:SMWH)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 1,053 ($13.63) and last traded at GBX 1,062 ($13.75), with a volume of 69592 shares traded. The stock had previously closed at GBX 1,077 ($13.94).

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Berenberg Bank restated a “buy” rating and issued a GBX 1,600 ($20.71) price objective on shares of WH Smith in a research report on Friday, February 28th. Canaccord Genuity Group cut their price target on shares of WH Smith from GBX 1,469 ($19.02) to GBX 1,460 ($18.90) and set a “buy” rating for the company in a report on Thursday, November 21st.

WH Smith Trading Down 1.2 %

The stock has a market cap of £1.37 billion, a PE ratio of 21.95, a PEG ratio of 2.65 and a beta of 1.67. The company has a current ratio of 0.85, a quick ratio of 0.42 and a debt-to-equity ratio of 253.13. The firm has a fifty day simple moving average of GBX 1,188.13 and a two-hundred day simple moving average of GBX 1,268.27.

WH Smith Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 16th were paid a GBX 22.60 ($0.29) dividend. This is an increase from WH Smith’s previous dividend of $11.00. This represents a yield of 1.74%. The ex-dividend date of this dividend was Thursday, January 16th. WH Smith’s dividend payout ratio (DPR) is currently 66.01%.

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.