Card Factory (LON:CARD) Hits New 52-Week Low – Time to Sell?

Card Factory plc (LON:CARD)’s share price hit a new 52-week low on Monday . The company traded as low as GBX 67.80 and last traded at GBX 68.30, with a volume of 2316757 shares trading hands. The stock had previously closed at GBX 69.10.

Analyst Upgrades and Downgrades

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

Card Factory Trading Down 0.3%

The firm has a market capitalization of £237.10 million, a price-to-earnings ratio of 5.52, 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. The company has a 50-day moving average price of GBX 90.97 and a 200-day moving average price of GBX 95.90.

Card Factory (LON:CARD) last announced its quarterly 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%. As a group, research analysts forecast that Card Factory plc will post 15.8347676 EPS for the current fiscal year.

Insider Activity at Card Factory

In related news, insider Robert McWilliam purchased 13,852 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were purchased at an average cost of GBX 72 per share, for a total transaction of £9,973.44. Also, insider Darcy Willson Rymer purchased 28,318 shares of Card Factory stock in a transaction that occurred on Tuesday, December 16th. The stock was bought at an average cost of GBX 70 per share, with a total value of £19,822.60. In the last quarter, insiders have acquired 99,570 shares of company stock worth $7,019,104. Corporate insiders own 4.43% of the company’s stock.

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.