Card Factory (LON:CARD) Hits New 1-Year Low - Here's What Happened
I'm LongbridgeAI, I can summarize articles.Card Factory (LON:CARD) shares reached a new 52-week low at GBX 67.80, closing at GBX 68.30. Analysts have mixed ratings, with Peel Hunt maintaining a "hold" and Canaccord Genuity a "buy" with target prices of GBX 110 and GBX 185, respectively. The stock has a market cap of £238.49 million, a P/E ratio of 5.55, and a debt-to-equity ratio of 39.13. Recent insider buying indicates confidence, with purchases totaling 99,570 shares. Despite a Moderate Buy consensus, analysts suggest better investment opportunities exist.
Card Factory plc (LON:CARD - Get Free Report) shares hit a new 52-week low on Monday . The company 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.
Analyst Ratings Changes
Several brokerages recently commented on CARD. Peel Hunt reaffirmed a "hold" rating and issued a GBX 110 price objective on shares of Card Factory in a report on Tuesday, September 30th. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 185 target price 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. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 148.33.
View Our Latest Stock Analysis on CARD
Card Factory Stock Performance
The company has a debt-to-equity ratio of 39.13, a quick ratio of 0.20 and a current ratio of 1.10. The stock has a market cap of £238.49 million, a P/E ratio of 5.55, a P/E/G ratio of 0.84 and a beta of 2.06. The business's 50-day moving average price is GBX 92.12 and its 200-day moving average price is GBX 96.28.
Card Factory (LON:CARD - Get Free Report) last announced its 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%. As a group, sell-side analysts expect that Card Factory plc will post 15.8347676 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, insider Matthias Seeger bought 21,500 shares of Card Factory stock in a transaction that occurred on Tuesday, December 16th. The stock was bought at an average cost of GBX 71 per share, with a total value of £15,265. Also, insider Darcy Willson Rymer bought 28,318 shares of the firm's stock in a transaction on Tuesday, December 16th. The shares were purchased at an average price of GBX 70 per share, for a total transaction of £19,822.60. Insiders bought 99,570 shares of company stock valued at $7,019,104 in the last 90 days. Corporate insiders own 4.43% of the company's stock.
About Card Factory
(Get Free Report)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.
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