Card Factory (LON:CARD) Stock Price Down 26.5% – What’s Next?

Shares of Card Factory plc (LON:CARD) were down 26.5% during trading on Friday . The stock traded as low as GBX 69.80 and last traded at GBX 70.89. Approximately 41,141,418 shares traded hands during trading, an increase of 2,632% from the average daily volume of 1,505,978 shares. The stock had previously closed at GBX 96.40.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Peel Hunt reaffirmed a “hold” rating and issued a GBX 110 price objective on shares of Card Factory in a research note on Tuesday, September 30th. 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. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 148.33.

Card Factory Stock 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 company has a 50-day simple moving average of GBX 98.22 and a two-hundred day simple moving average of GBX 98.23. 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 released its quarterly earnings results on Tuesday, September 30th. The company reported GBX 2.80 earnings per share 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 forecast that Card Factory plc will post 15.8347676 EPS for the current 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.