Shore Capital Reaffirms Not Rated Rating for WH Smith (LON:SMWH)

WH Smith (LON:SMWH)‘s stock had its “not rated” rating reaffirmed by equities researchers at Shore Capital in a report released on Wednesday, MarketBeat Ratings reports.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,600 ($21.23) price objective on shares of WH Smith in a report on Friday, February 28th.

WH Smith Trading Down 1.1 %

LON:SMWH opened at GBX 931 ($12.35) on Wednesday. The firm’s 50 day moving average is GBX 1,071 and its 200 day moving average is GBX 1,202.61. WH Smith has a 12 month low of GBX 872.50 ($11.58) and a 12 month high of GBX 1,499 ($19.89). The stock has a market capitalization of £1.20 billion, a PE ratio of 19.21, a price-to-earnings-growth 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.

WH Smith (LON:SMWH) last issued its earnings results on Wednesday, April 16th. The company reported GBX 23.40 ($0.31) earnings per share for the quarter. WH Smith had a net margin of 3.44% and a return on equity of 17.78%. Sell-side analysts expect that WH Smith will post 100.9372747 earnings per share for the current year.

Insiders Place Their Bets

In other WH Smith news, insider Annette Court bought 1,090 shares of WH Smith stock in a transaction on Wednesday, April 16th. The stock was acquired at an average price of GBX 918 ($12.18) per share, with a total value of £10,006.20 ($13,276.10). Corporate insiders own 1.21% of the company’s stock.

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.