Card Factory (LON:CARD) Stock Price Down 27.4% – What’s Next?

Card Factory plc (LON:CARD) shares dropped 27.4% during mid-day trading on Saturday . The company traded as low as GBX 69.80 and last traded at GBX 70. Approximately 58,370,387 shares traded hands during 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.

Analyst Ratings Changes

A number of equities analysts have weighed in on CARD shares. 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. Peel Hunt reissued a “hold” rating and set a GBX 110 price target on shares of Card Factory in a research report on Tuesday, September 30th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 148.33.

Card Factory Stock Down 27.4%

The company has a fifty day moving average of GBX 97.62 and a 200 day moving average of GBX 98.04. The company has a quick ratio of 0.20, a current ratio of 1.10 and a debt-to-equity ratio of 39.13. The company has a market cap of £244.43 million, a P/E ratio of 5.69, a price-to-earnings-growth ratio of 0.84 and a beta of 2.06.

Card Factory (LON:CARD) last issued its quarterly earnings results 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%. On average, research analysts anticipate that Card Factory plc will post 15.8347676 earnings per share for the current fiscal year.

Card Factory Company Profile

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.