Currys (LON:CURY) Hits New 1-Year High – Here’s Why

Currys plc (LON:CURY) reached a new 52-week high on Tuesday . The stock traded as high as GBX 159.90 and last traded at GBX 159.60, with a volume of 1856760 shares changing hands. The stock had previously closed at GBX 156.50.

Key Currys News

Here are the key news stories impacting Currys this week:

• Positive Sentiment: Stephen Curry-produced movie “Goat” outperformed expectations at the box office — stronger celebrity-driven entertainment demand can modestly support home-theater and TV interest (marginal positive for an electronics retailer). Stephen Curry-produced ‘Goat’ tops box office
• Positive Sentiment: High-visibility fan moments and viral tifos keep Curry in the headlines, sustaining viewer interest ahead of key games — that can support short-term TV/viewing spikes and accessory sales around big matchups. Steph Curry tifo trending video
• Neutral Sentiment: Numerous viral/celebrity moments (sideline mimicry, honors, coach/teammate quotes) are media fodder but have limited direct impact on Currys’ core retail business or near-term earnings. Steph Curry mimics Carmelo Anthony
• Neutral Sentiment: Player/teammate stories (Brandin Podziemski praising Curry, mentorship angles) and sneaker-brand gossip are relevant to sports media but unlikely to move Currys’ sales or margins. Brandin Podziemski on Steph Curry
• Negative Sentiment: Coverage about Steph Curry’s health and possible shutdown/rest (coach comments, injury status updates) represents the clearest potential negative for Currys: if marquee players miss games, there can be weaker viewing spikes around headline matchups, which can slightly reduce short-term demand for big-screen TVs and companion kit. Investors should treat this as a modest, short-duration headwind rather than a company-specific issue. Steph Curry health could affect Warriors

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Citigroup raised their price objective on Currys from GBX 150 to GBX 166 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Berenberg Bank increased their target price on shares of Currys from GBX 210 to GBX 215 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Finally, Shore Capital Group restated a “no recommendation” rating on shares of Currys in a research note on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 170.33.

Currys Stock Performance

The firm’s 50-day moving average price is GBX 138 and its 200-day moving average price is GBX 133.06. The company has a debt-to-equity ratio of 45.83, a current ratio of 0.86 and a quick ratio of 0.29. The stock has a market cap of £1.65 billion, a P/E ratio of 13.56 and a beta of 1.31.

Currys (LON:CURY) last issued its earnings results on Thursday, December 18th. The company reported GBX 1.60 earnings per share for the quarter. Currys had a net margin of 2.38% and a return on equity of 9.53%. Sell-side analysts expect that Currys plc will post 9.5199569 earnings per share for the current fiscal year.

Currys Company Profile

Currys plc is a leading omnichannel retailer of technology products and services, operating online and through over 800
stores in 8 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us.

In the UK & Ireland we trade as Currys; in the Nordics under the Elkjøp brand and as Kotsovolos in Greece. In each of
these markets we are the market leader, employing 28,000 capable and committed colleagues. Our full range of services
and support makes it easy for our customers to discover, choose, afford and enjoy the right technology for them,
throughout their lives.