Card Factory (LON:CARD) Trading Down 27.4% - What's Next?

Card Factory plc (LON:CARD - Get Free Report)'s stock price dropped 27.4% during 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 GrowthCARD has been the subject of a number of research analyst reports. Canaccord Genuity Group restated a "buy" rating and set a GBX 185 price target on shares of Card Factory in a research note on Thursday, October 2nd. Peel Hunt reissued a "hold" rating and issued a GBX 110 target price on shares of Card Factory in a research report on Tuesday, September 30th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, Card Factory has an average rating of "Moderate Buy" and an average target price of GBX 148.33.Read Our Latest Stock Analysis on Card FactoryCard Factory Stock Down 27.4%The business has a 50 day simple moving average of GBX 97.62 and a 200-day simple moving average of GBX 98.05. 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 firm has a market capitalization of £244.43 million, a price-to-earnings ratio of 5.69, a P/E/G ratio of 0.84 and a beta of 2.06. Card Factory (LON:CARD - Get Free Report) last announced 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%. On average, equities analysts expect that Card Factory plc will post 15.8347676 EPS for the current year. Card Factory Company Profile (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.Read MoreFive stocks we like better than Card FactoryInsider Buying Explained: What Investors Need to KnowSynopsys Sees Bullish Shift as Ansys Integration Drives GrowthWhen to Sell a Stock for Profit or LossThe Best Holiday Present You Can Give Yourself? Costco StockAbout the Markup CalculatorWhy Zscaler Stock Could Be Ready to Bounce After a 30% SelloffThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Card Factory Right Now?Before you consider Card Factory, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Card Factory wasn't on the list.While Card Factory currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here