Insider Buying: Card Factory (LON:CARD) Insider Buys 11,853 Shares of Stock

Card Factory plc (LON:CARD) insider Pamela Powell purchased 11,853 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were purchased at an average price of GBX 67 per share, for a total transaction of £7,941.51.

Card Factory Stock Performance

Shares of CARD traded up GBX 3.30 during mid-day trading on Thursday, reaching GBX 69.30. 922,258 shares of the company’s stock were exchanged, compared to its average volume of 1,861,986. The business’s fifty day simple moving average is GBX 65.56 and its 200-day simple moving average is GBX 75.15. The stock has a market capitalization of £239.69 million, a PE ratio of 7.79, a price-to-earnings-growth ratio of 0.84 and a beta of 1.25. Card Factory plc has a 52-week low of GBX 58.30 and a 52-week high of GBX 115.70. The company has a debt-to-equity ratio of 9.68, a current ratio of 0.89 and a quick ratio of 0.20.

Card Factory (LON:CARD) last issued its quarterly earnings results on Tuesday, April 28th. The company reported GBX 11.80 earnings per share for the quarter. Card Factory had a net margin of 5.35% and a return on equity of 9.00%. The firm had revenue of £582.70 million during the quarter. On average, equities research analysts expect that Card Factory plc will post 15.8347676 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 150 price objective on shares of Card Factory in a research note on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 136.67.

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.