Card Factory (LON:CARD) Trading Down 27.4% – Time to Sell?

Card Factory plc (LON:CARD)’s stock price fell 27.4% during mid-day trading on Saturday . The company traded as low as GBX 69.80 and last traded at GBX 70. 58,370,387 shares were traded during mid-day trading, an increase of 3,601% from the average session volume of 1,577,172 shares. The stock had previously closed at GBX 96.40.

Wall Street Analyst Weigh In

Several research firms have commented on CARD. Peel Hunt restated a “hold” rating and issued a GBX 110 price target on shares of Card Factory in a research report on Tuesday, September 30th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 185 target price on shares of Card Factory in a research note on Thursday, October 2nd. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Card Factory has an average rating of “Moderate Buy” and a consensus price target of GBX 148.33.

Card Factory Trading Down 27.4%

The firm has a 50-day moving average price of GBX 97.62 and a 200-day moving average price of GBX 98.05. The company has a debt-to-equity ratio of 39.13, a quick ratio of 0.20 and a current ratio of 1.10. The stock has a market cap of £244.43 million, a PE ratio of 5.69, a price-to-earnings-growth ratio of 0.84 and a beta of 2.06.

Card Factory (LON:CARD) last announced its quarterly earnings data on Tuesday, September 30th. The company reported GBX 2.80 EPS for the quarter. Card Factory had a net margin of 7.79% and a return on equity of 13.00%. As a group, equities analysts anticipate that Card Factory plc will post 15.8347676 EPS for the current fiscal year.

Card Factory Company Profile

Card Factory plc operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally. It operates through five segments: Cardfactory Stores, Cardfactory Online, Getting Personal, Partnerships, and Printcraft. The company provides greeting cards, celebration accessories, and gifts through cardfactory stores, cardfactory online retails, and network of third-party retail partners; and personalised cards and gifts through online retailer, as well as manufactures and sells greeting cards and personalised gifts through its stores and online businesses.