Card Factory (LON:CARD) Trading Down 27.4% – Time to Sell?

Card Factory plc (LON:CARD) shares dropped 27.4% 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.

Analysts Set New Price Targets

CARD has been the topic of several analyst reports. Canaccord Genuity Group restated a “buy” rating and set a GBX 185 price objective on shares of Card Factory in a research report on Thursday, October 2nd. Peel Hunt reaffirmed a “hold” rating and set a GBX 110 price target on shares of Card Factory in a report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Card Factory presently has an average rating of “Moderate Buy” and an average target price of GBX 148.33.

Card Factory Trading Down 27.4%

The firm has a fifty day simple moving average of GBX 97.62 and a 200-day simple moving average of GBX 98.04. The firm 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. 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 issued its quarterly earnings data on Tuesday, September 30th. The company reported GBX 2.80 earnings per share (EPS) for the quarter. Card Factory had a net margin of 7.79% and a return on equity of 13.00%. On average, equities research analysts expect that Card Factory plc will post 15.8347676 earnings per share 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.