Card Factory (LON:CARD) Hits New 12-Month Low – What’s Next?

Shares of Card Factory plc (LON:CARD) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 67.80 and last traded at GBX 68.30, with a volume of 2316757 shares trading hands. The stock had previously closed at GBX 69.10.

Analysts Set New Price Targets

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

Card Factory Price Performance

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’s fifty day moving average price is GBX 92.12 and its 200 day moving average price is GBX 96.28. The stock has a market cap of £238.49 million, a PE ratio of 5.55, a P/E/G ratio of 0.84 and a beta of 2.06.

Card Factory (LON:CARD) last posted its earnings results on Tuesday, September 30th. The company reported GBX 2.80 earnings per share for the quarter. Card Factory had a net margin of 7.79% and a return on equity of 13.00%. As a group, equities analysts expect that Card Factory plc will post 15.8347676 EPS for the current fiscal year.

Insider Transactions at Card Factory

In other news, insider Indira Thambiah bought 7,500 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were bought at an average cost of GBX 70 per share, for a total transaction of £5,250. Also, insider Darcy Willson Rymer purchased 14,151 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were purchased at an average cost of GBX 70 per share, with a total value of £9,905.70. Over the last ninety days, insiders bought 99,570 shares of company stock valued at $7,019,104. 4.43% of the stock is owned by company insiders.

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.