DS Smith Plc (LON:SMDS - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 501.08 ($6.23) and traded as high as GBX 612 ($7.61). DS Smith shares last traded at GBX 601.49 ($7.48), with a volume of 18,548,477 shares traded.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 550 ($6.84) target price on shares of DS Smith in a research note on Friday, December 6th.
Read Our Latest Analysis on DS Smith
DS Smith Stock Performance
The company has a market cap of £8.22 billion, a PE ratio of 2,128.57, a P/E/G ratio of 1.06 and a beta of 0.87. The company has a current ratio of 0.86, a quick ratio of 0.59 and a debt-to-equity ratio of 70.02. The firm's 50-day simple moving average is GBX 566.47 and its two-hundred day simple moving average is GBX 501.08.
DS Smith (LON:SMDS - Get Free Report) last announced its quarterly earnings data on Thursday, December 5th. The company reported GBX 8.30 ($0.10) EPS for the quarter. DS Smith had a net margin of 5.64% and a return on equity of 9.58%. As a group, research analysts anticipate that DS Smith Plc will post 31.7782285 earnings per share for the current fiscal year.
DS Smith Cuts Dividend
The company also recently announced a dividend, which will be paid on Wednesday, January 29th. Investors of record on Thursday, December 12th will be paid a GBX 6.20 ($0.08) dividend. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend is Thursday, December 12th. DS Smith's dividend payout ratio is currently 6,428.57%.
DS Smith Company Profile
(
Get Free Report)
DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, heavy duty, fiber base pallets, automotive standard, multi-material, dangerous goods, and e-commerce packaging, as well as packaging for food and drinks, health and beauty, apparel and footwear, home and DIY, and consumer electronics.
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