WH Smith (LON:SMWH) Announces Earnings Results

WH Smith (LON:SMWH) issued its quarterly earnings results on Wednesday. The company reported GBX 23.40 ($0.31) EPS for the quarter, Digital Look Earnings reports. WH Smith had a net margin of 3.44% and a return on equity of 17.78%.

WH Smith Price Performance

Shares of SMWH opened at GBX 918.50 ($12.16) on Wednesday. The company has a debt-to-equity ratio of 253.13, a quick ratio of 0.42 and a current ratio of 0.85. The firm has a market cap of £1.18 billion, a PE ratio of 18.95, a PEG ratio of 2.65 and a beta of 1.67. The firm’s 50 day moving average price is GBX 1,084.33 and its 200 day moving average price is GBX 1,208.31. WH Smith has a twelve month low of GBX 872.50 ($11.55) and a twelve month high of GBX 1,499 ($19.84).

WH Smith Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Thursday, January 16th were issued a dividend of GBX 22.60 ($0.30) per share. This represents a dividend yield of 1.74%. This is a positive change from WH Smith’s previous dividend of $11.00. The ex-dividend date was Thursday, January 16th. WH Smith’s payout ratio is currently 66.01%.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,600 ($21.18) price target on shares of WH Smith in a research report on Friday, February 28th.

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.