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

A number of analysts recently commented on CARD shares. Peel Hunt reaffirmed a “hold” rating and set a GBX 110 price objective on shares of Card Factory in a research note 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 report on Thursday, October 2nd. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 148.33.

Card Factory Stock Down 27.4%

The firm has a market cap of £244.43 million, a price-to-earnings ratio of 5.69, a PEG ratio of 0.84 and a beta of 2.06. 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 firm has a fifty day moving average price of GBX 97.62 and a 200-day moving average price of GBX 98.05.

Card Factory (LON:CARD) last released its 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, sell-side 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.