WH Smith PLC (LON:SMWH) Insider Robert Moorhead Sells 10,194 Shares of Stock

WH Smith PLC (LON:SMWH) insider Robert Moorhead sold 10,194 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of GBX 1,266 ($15.87), for a total transaction of £129,056.04 ($161,785.18).

WH Smith Trading Up 1.0 %

Shares of SMWH opened at GBX 1,253 ($15.71) on Friday. The company has a current ratio of 0.64, a quick ratio of 0.42 and a debt-to-equity ratio of 326.20. The stock has a market capitalization of £1.64 billion, a P/E ratio of 2,557.14, a P/E/G ratio of 2.65 and a beta of 1.67. WH Smith PLC has a 1-year low of GBX 1,069 ($13.40) and a 1-year high of GBX 1,499 ($18.79). The business’s 50-day moving average price is GBX 1,372.52 and its 200 day moving average price is GBX 1,261.60.

WH Smith Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on SMWH shares. Canaccord Genuity Group reduced their price objective on WH Smith from GBX 1,469 ($18.42) to GBX 1,460 ($18.30) and set a “buy” rating for the company in a research report on Thursday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 1,310 ($16.42) price objective on shares of WH Smith in a report on Thursday, September 12th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,600 ($20.06) 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.