WH Smith (LON:SMWH) Hits New 1-Year Low – Should You Sell?

WH Smith PLC (LON:SMWH)’s stock price reached a new 52-week low on Thursday . The company traded as low as GBX 1,064 ($13.71) and last traded at GBX 1,064 ($13.71), with a volume of 55234 shares traded. The stock had previously closed at GBX 1,082 ($13.95).

Analysts Set New Price Targets

A number of research firms have weighed in on SMWH. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,600 ($20.62) price target on shares of WH Smith in a research note on Friday, February 28th. Canaccord Genuity Group cut their price target on shares of WH Smith from GBX 1,469 ($18.94) to GBX 1,460 ($18.82) and set a “buy” rating on the stock in a research note on Thursday, November 21st.

WH Smith Stock Down 1.2 %

The firm’s 50-day moving average price is GBX 1,196.49 and its 200-day moving average price is GBX 1,272.02. The company has a market cap of £1.38 billion, a price-to-earnings ratio of 22.05, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. The company has a debt-to-equity ratio of 253.13, a current ratio of 0.85 and a quick ratio of 0.42.

WH Smith Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Thursday, January 16th were given a GBX 22.60 ($0.29) dividend. The ex-dividend date was Thursday, January 16th. This represents a dividend yield of 1.74%. This is a positive change from WH Smith’s previous dividend of $11.00. 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.