Card Factory (LON:CARD) Shares Down 27.4% – Should You Sell?

Card Factory plc (LON:CARD) fell 27.4% during mid-day trading on Friday . The company traded as low as GBX 69.80 and last traded at GBX 70. 58,370,387 shares were traded during trading, an increase of 3,601% from the average session 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 research analyst reports. Peel Hunt reiterated a “hold” rating and set a GBX 110 price target on shares of Card Factory in a research report on Tuesday, September 30th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 185 target price on shares of Card Factory in a report on Thursday, October 2nd. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 148.33.

Card Factory Stock Down 27.4%

The business has a 50-day moving average price of GBX 97.62 and a 200-day moving average price of GBX 98.04. The company has a market capitalization of £244.43 million, a price-to-earnings ratio of 5.69, a price-to-earnings-growth 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.

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 anticipate that Card Factory plc will post 15.8347676 earnings per share for the current fiscal 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.