WH Smith PLC (LON:SMWH) Insider Buys £15,687.50 in Stock

WH Smith PLC (LON:SMWH) insider Situl Jobanputra acquired 1,250 shares of the stock in a transaction dated Monday, November 18th. The stock was bought at an average cost of GBX 1,255 ($15.80) per share, with a total value of £15,687.50 ($19,750.09).

WH Smith Stock Performance

SMWH stock opened at GBX 1,241 ($15.62) on Friday. The firm has a market cap of £1.62 billion, a PE ratio of 2,532.65, a P/E/G ratio of 2.65 and a beta of 1.67. The company has a quick ratio of 0.42, a current ratio of 0.64 and a debt-to-equity ratio of 326.20. The business has a 50 day moving average of GBX 1,377.52 and a 200-day moving average of GBX 1,259.54. WH Smith PLC has a 12-month low of GBX 1,069 ($13.46) and a 12-month high of GBX 1,499 ($18.87).

WH Smith Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 16th will be issued a GBX 22.60 ($0.28) dividend. The ex-dividend date of this dividend is Thursday, January 16th. This is a positive change from WH Smith’s previous dividend of $11.00. This represents a dividend yield of 1.74%. WH Smith’s dividend payout ratio is currently 6,530.61%.

Analyst Ratings Changes

SMWH has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 1,310 ($16.49) price objective on shares of WH Smith in a research note on Thursday, September 12th. Canaccord Genuity Group reduced their target price on WH Smith from GBX 1,469 ($18.49) to GBX 1,460 ($18.38) and set a “buy” rating for the company in a report on Thursday. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,600 ($20.14) target price on shares of WH Smith in a report on Tuesday, October 15th.

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.