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

WH Smith PLC (LON:SMWH)’s share price hit a new 52-week low during mid-day trading 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. The stock had previously closed at GBX 1,082 ($13.95).

Analyst Ratings Changes

A number of research analysts have recently issued reports on SMWH shares. Berenberg Bank reiterated 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 dropped 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 company has a quick ratio of 0.42, a current ratio of 0.85 and a debt-to-equity ratio of 253.13. The firm has a market cap of £1.38 billion, a PE ratio of 22.05, a P/E/G ratio of 2.65 and a beta of 1.67. The firm’s 50 day moving average is GBX 1,196.49 and its 200-day moving average is GBX 1,272.02.

WH Smith Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Thursday, January 16th were paid a dividend of GBX 22.60 ($0.29) per share. This is an increase from WH Smith’s previous dividend of $11.00. The ex-dividend date was Thursday, January 16th. This represents a dividend 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.