Card Factory (LON:CARD) Shares 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 stock traded as low as GBX 69.80 and last traded at GBX 70. Approximately 58,370,387 shares changed hands during mid-day 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.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Peel Hunt restated a “hold” rating and set a GBX 110 target price on shares of Card Factory in a research report on Tuesday, September 30th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 185 target price on shares of Card Factory in a research note on Thursday, October 2nd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 148.33.

Card Factory Stock Performance

The stock’s 50 day moving average is GBX 97.62 and its two-hundred day moving average is GBX 98.04. The firm has a market capitalization of £244.43 million, a P/E ratio of 5.69, a P/E/G ratio of 0.84 and a beta of 2.06. The company has a debt-to-equity ratio of 39.13, a current ratio of 1.10 and a quick ratio of 0.20.

Card Factory (LON:CARD) last released its quarterly earnings data on Tuesday, September 30th. The company reported GBX 2.80 EPS for the quarter. Card Factory had a return on equity of 13.00% and a net margin of 7.79%. As a group, equities analysts anticipate 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.