Card Factory (LON:CARD) Trading Down 27.4% – Should You Sell?

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

Analyst Ratings Changes

CARD has been the subject of a number of analyst reports. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 185 price target on shares of Card Factory in a research note on Thursday, October 2nd. Peel Hunt reaffirmed a “hold” rating and set a GBX 110 price target on shares of Card Factory in a report on Tuesday, September 30th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. 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 Price Performance

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 business’s 50-day simple moving average is GBX 97.62 and its 200 day simple moving average is GBX 98.05. The company has a quick ratio of 0.20, a current ratio of 1.10 and a debt-to-equity ratio of 39.13.

Card Factory (LON:CARD) last announced 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 net margin of 7.79% and a return on equity of 13.00%. Sell-side analysts forecast that Card Factory plc will post 15.8347676 earnings per share 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.