WH Smith (LON:SMWH) Hits New 52-Week Low - Should You Sell?

Key Points

• WH Smith PLC reached a new 52-week low of GBX 743.50 ($10.00) during trading, compared to a previous close of GBX 1,110 ($14.94).
• Analysts have mixed opinions on WH Smith's stock, with a consensus rating of "Moderate Buy" and an average price target of GBX 1,430.
• The company has reported a market cap of £855.72 million and a high debt-to-equity ratio of 253.13, indicating potential financial risks.

WH Smith PLC (LON:SMWH - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 743.50 ($10.00) and last traded at GBX 776.02 ($10.44), with a volume of 7376093 shares. The stock had previously closed at GBX 1,110 ($14.94).

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on SMWH shares. Canaccord Genuity Group reduced their target price on shares of WH Smith from GBX 1,460 to GBX 1,350 and set a "buy" rating for the company in a research note on Monday, June 9th. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of WH Smith in a research note on Wednesday, July 30th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 1,430.

WH Smith Stock Performance

The company has a market cap of £855.72 million, a P/E ratio of 13.71, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. The company's 50-day moving average is GBX 1,074.86 and its two-hundred day moving average is GBX 1,059.57. The company has a quick ratio of 0.42, a current ratio of 0.85 and a debt-to-equity ratio of 253.13.

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.

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