Card Factory (LON:CARD) Stock Price Down 27.4% – What’s Next?

Card Factory plc (LON:CARD) shares 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 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 Analysts Forecast Growth

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

Card Factory Stock Down 27.4%

The business’s fifty day moving average price is GBX 97.62 and its two-hundred day moving average price is GBX 98.05. The firm has a market capitalization of £244.43 million, a P/E ratio of 5.69, a PEG ratio of 0.84 and a beta of 2.06. The company has a debt-to-equity ratio of 39.13, a quick ratio of 0.20 and a current ratio of 1.10.

Card Factory (LON:CARD) last issued its quarterly earnings data 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%. Equities analysts expect that Card Factory plc will post 15.8347676 earnings per share 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.