Shares of DS Smith Plc (LON:SMDS - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 458.26 ($5.78) and traded as high as GBX 549.50 ($6.94). DS Smith shares last traded at GBX 547 ($6.90), with a volume of 1,622,618 shares traded.
Wall Street Analyst Weigh In
Several equities analysts have commented on the stock. Stifel Nicolaus lowered shares of DS Smith to a "hold" rating and dropped their price target for the company from GBX 498 ($6.29) to GBX 480 ($6.06) in a research note on Wednesday, September 4th. Jefferies Financial Group reiterated a "buy" rating and set a GBX 550 ($6.94) price target on shares of DS Smith in a research note on Friday, December 6th.
Get Our Latest Stock Report on DS Smith
DS Smith Stock Performance
The company has a quick ratio of 0.59, a current ratio of 0.86 and a debt-to-equity ratio of 70.02. The firm has a 50-day simple moving average of GBX 522.64 and a 200 day simple moving average of GBX 458.88. The company has a market cap of £7.55 billion, a price-to-earnings ratio of 1,953.57, a price-to-earnings-growth ratio of 1.06 and a beta of 0.87.
DS Smith Cuts Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, January 29th. Stockholders of record on Thursday, December 12th will be issued a GBX 6.20 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a dividend yield of 1.07%. DS Smith's payout ratio is 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.
Further Reading
Before you consider DS Smith, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DS Smith wasn't on the list.
While DS Smith currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
