Cake Box (LON:CBOX) Hits New 12-Month High - Time to Buy?

Key Points

• Cake Box Holdings Plc recently reached a new 52-week high, trading at GBX 225 ($2.99), before closing at GBX 211 ($2.80).
• The company reported earnings per share (EPS) of GBX 10.90 ($0.14) for the last quarter, with expectations for an EPS of 11.1 for the current fiscal year.
• Shore Capital has reissued a "house stock" rating for Cake Box, indicating continued confidence from analysts in the company's performance.

Cake Box Holdings Plc (LON:CBOX - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 225 ($3.03) and last traded at GBX 211 ($2.84), with a volume of 1160111 shares trading hands. The stock had previously closed at GBX 215 ($2.89).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Cake Box in a research note on Tuesday, July 15th.

Cake Box Stock Performance

The company has a current ratio of 2.50, a quick ratio of 1.99 and a debt-to-equity ratio of 18.51. The stock's fifty day simple moving average is GBX 191.98 and its 200 day simple moving average is GBX 188.21. The company has a market cap of £87.80 million, a price-to-earnings ratio of 18.85 and a beta of 1.19.

Cake Box (LON:CBOX - Get Free Report) last posted its quarterly earnings results on Tuesday, July 15th. The company reported GBX 10.90 ($0.15) EPS for the quarter. Cake Box had a return on equity of 25.44% and a net margin of 12.31%. As a group, analysts anticipate that Cake Box Holdings Plc will post 11.1000004 earnings per share for the current year.

Cake Box Company Profile

Cake Box Holdings Plc, together with its subsidiaries, engages in the retail of fresh cream celebration cakes in the United Kingdom. The company sells cakes, cupcakes, cheesecakes, and treats; and party accessories, including balloons and candles. It also engages in the franchising of specialist cake stores; and property rental activities.