Card Factory (LON:CARD) Trading Down 25.1% – What’s Next?

Card Factory plc (LON:CARD) shares dropped 25.1% on Friday . The stock traded as low as GBX 69.90 and last traded at GBX 72.20. Approximately 39,517,375 shares were traded during mid-day trading, an increase of 2,536% from the average daily volume of 1,499,267 shares. The stock had previously closed at GBX 96.40.

Analysts Set New Price Targets

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

Card Factory Stock Down 27.4%

The firm’s 50-day moving average price is GBX 97.62 and its two-hundred day moving average price is GBX 98.04. 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 firm has a market cap of £244.43 million, a PE ratio of 5.69, a P/E/G ratio of 0.84 and a beta of 2.06.

Card Factory (LON:CARD) last announced its quarterly earnings results 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 research analysts expect that Card Factory plc will post 15.8347676 EPS for the current fiscal year.

About Card Factory

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.