WH Smith (LON:SMWH) Sets New 1-Year Low - What's Next?

WH Smith PLC (LON:SMWH - Get Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as GBX 1,064 ($13.70) and last traded at GBX 1,064 ($13.70), with a volume of 55234 shares trading hands. The stock had previously closed at GBX 1,082 ($13.93).

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Berenberg Bank reissued a "buy" rating and set a GBX 1,600 ($20.60) price objective on shares of WH Smith in a report on Friday, February 28th. Canaccord Genuity Group reduced their price objective on WH Smith from GBX 1,469 ($18.91) to GBX 1,460 ($18.80) and set a "buy" rating on the stock in a research note on Thursday, November 21st.

WH Smith Trading Up 1.6 %

The company's 50-day simple moving average is GBX 1,191.89 and its 200 day simple moving average is GBX 1,270.47. 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 capitalization of £1.41 billion, a PE ratio of 22.67, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67.

WH Smith Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Thursday, January 16th were paid a GBX 22.60 ($0.29) dividend. This represents a yield of 1.74%. This is an increase from WH Smith's previous dividend of $11.00. The ex-dividend date of this dividend was Thursday, January 16th. WH Smith's dividend payout ratio (DPR) is 66.01%.

About WH Smith

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.