WH Smith (LON:SMWH) Hits New 12-Month Low – What’s Next?

WH Smith PLC (LON:SMWH)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 1,012 ($13.08) and last traded at GBX 1,026 ($13.26), with a volume of 208557 shares changing hands. The stock had previously closed at GBX 1,039 ($13.43).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,600 ($20.69) price target on shares of WH Smith in a research report on Friday, February 28th.

WH Smith Trading Up 0.5 %

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 market capitalization of £1.31 billion, a P/E ratio of 20.96, a PEG ratio of 2.65 and a beta of 1.67. The business has a 50 day moving average of GBX 1,154.18 and a 200-day moving average of GBX 1,247.25.

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. The ex-dividend date was Thursday, January 16th. This is a positive change from WH Smith’s previous dividend of $11.00. This represents a yield of 1.74%. WH Smith’s dividend payout ratio is presently 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.