Card Factory (LON:CARD) Stock Price Down 26.6% – Time to Sell?

Card Factory plc (LON:CARD)’s share price was down 26.6% during mid-day trading on Friday . The stock traded as low as GBX 69.90 and last traded at GBX 70.80. Approximately 38,365,340 shares traded hands during trading, an increase of 2,467% from the average daily volume of 1,494,507 shares. The stock had previously closed at GBX 96.40.

Analysts Set New Price Targets

CARD has been the topic of a number of research reports. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 185 target price on shares of Card Factory in a research report on Thursday, October 2nd. Peel Hunt reaffirmed a “hold” rating and set a GBX 110 price objective on shares of Card Factory in a report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 148.33.

Card Factory Price Performance

The company has a current ratio of 1.10, a quick ratio of 0.20 and a debt-to-equity ratio of 39.13. The firm has a market capitalization of £244.43 million, a P/E ratio of 5.69, a P/E/G ratio of 0.84 and a beta of 2.06. The company has a 50 day moving average of GBX 97.62 and a 200-day moving average of GBX 98.04.

Card Factory (LON:CARD) last released its earnings results on Tuesday, September 30th. The company reported GBX 2.80 earnings per share (EPS) for the quarter. Card Factory had a return on equity of 13.00% and a net margin of 7.79%. On average, sell-side analysts predict that Card Factory plc will post 15.8347676 EPS for the current 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.